The bulk freight rates were on the higher side before the festive holidays in China as shipments of iron ore and coal were fervent in that country. However, with the Chinese government imposing steel production cuts in an effort to curb atmospheric pollution, shipments of coal and iron ore are expected to get lower after the holidays—that will also impact the freight rates.
The Baltic Dry Index was at highs due to the prevalence of strong demand for cargo vessels. On 6Oct’17, the index was reported at 1,405 points, up from 1,356 points as on 29 Sep’17.
The following tables depict the prevailing freight rates in terms of vessel types and routes:
| SUPRAMAX | |||||||
| FREIGHT(in USD/MT) | |||||||
| LOAD PORT | COUNTRY | DISCHARGE PORT | COUNTRY | 15Sep’17 | Last Week | Last Month | Status |
| Taboneo | Indonesia | Vizag | India | 10.78 | 10.06 | 8.25 | Up |
| Taboneo | Navlakhi | 12.71 | 11.85 | 9.69 | Up | ||
| Taboneo | Fangcheng | China | 10.37 | 9.56 | 7.95 | Up | |
| Taboneo | Rizhao | 11.22 | 10.36 | 8.63 | Up | ||
| Richards Bay | South Africa | Mundra | India | 14.2 | 13.89 | 11.36 | Up |
| Richards Bay | Paradip | 14.5 | 14 | 11.25 | Up | ||
| Hay Point | Australia | Huangpu(12.3m) | China | 15.16 | 14.83 | 12.27 | Up |
| Hay Point | Vizag | India | 19.14 | 18.96 | 15.26 | Up | |
| New Port News | USA | Vizag | 35.96 | 35.18 | 30.22 | Up | |
| Houston | Vizag | 33.6 | 33.02 | 28.56 | Up | ||
| Goa | India | Qingdao | China | 12.28 | 12.03 | 9.73 | Up |
| Paradip | Qingdao | 10.26 | 9.6 | 8.6 | Up | ||
| Bunati | Indonesia | Campha (12.3) | Vietnam | 12.48 | 11.27 | 9.02 | Up |
| Richards Bay | South Africa | Campha (12.3) | 23.16 | 21.04 | 17.33 | Up | |
| Haypoint | Australia | Campha (12.3) | 20.29 | 18.46 | 15.51 | Up | |
| Gladstone | Campha (12.3) | 18.62 | 18.83 | 15.79 | Down | ||
| Port Kembla | Campha (12.3) | 21.02 | 21.24 | 17.82 | Down | ||
| Teluk Rubiah | Malaysia | Campha (12.3) | 11.64 | 10.67 | 8.83 | Up | |
| Vostochy (12.2M) | Russia | Paradip | India | 14.03 | 13.34 | 10.56 | Up |
| Vostochy (12.2M) | Krishnapatnam | 13.7 | 13.06 | 10.48 | Up | ||
| Vostochy (12.2M) | Hazira | 16.92 | 16.12 | 12.88 | Up | ||
| Vostochy (12.2M) | Jaigarh (13m) | 14.87 | 14.18 | 11.37 | Up | ||
| Vanino | Paradip | 13.54 | 12.83 | 10.43 | Up | ||
| Vanino | Krishnapatnam | 12.94 | 12.3 | 10.07 | Up | ||
| Vanino | Hazira | 15.95 | 15.14 | 12.32 | Up | ||
| Vanino | Jaigarh (13m) | 14.04 | 13.35 | 10.93 | Up | ||
| Vanino | Tuticorin (12.8M) | 13.03 | 12.36 | 10.04 | Up | ||
| Nakhodka (9.35M) | Paradip | 19.33 | 18.39 | 14.48 | Up | ||
| Nakhodka (9.35M) | Krishnapatnam | 18.61 | 17.77 | 14.22 | Up | ||
| Nakhodka (9.35M) | Hazira | 24.72 | 23.53 | 18.62 | Up | ||
| Nakhodka (9.35M) | Jaigarh (13m) | 21.64 | 20.63 | 16.41 | Up | ||
| Richards Bay | South Africa | ECI | 16.58 | 16.01 | 12.96 | Up | |
| Richards Bay | ECI | 18.4 | 17.76 | 14.32 | Up | ||
| PANAMAX | |||||||
| FREIGHT(in USD/MT) | |||||||
| LOAD PORT | COUNTRY | DISCHARGE PORT | COUNTRY | 15Sep’17 | LAST WEEK | LAST MONTH | STATUS |
| Richards Bay | India | Jaigad(14m) | India | 13.37 | 13.21 | 13.04 | Up |
| Richards Bay | Mundra | 12.77 | 12.62 | 12.44 | Up | ||
| Richards Bay | Dhamra | 13.56 | 13.4 | 13.21 | Up | ||
| Richards Bay | Krishnapattam | 12.97 | 12.82 | 12.64 | Up | ||
| Richards Bay | Fangcheng | China | 15.59 | 15.39 | 14.58 | Up | |
| Richards Bay | Rizhao | 16.02 | 15.81 | 14.99 | Up | ||
| NPLCT | Indonesia | Dhamra | India | 8.93 | 8.62 | 8 | Up |
| NPLCT | Gangavaram | 9.19 | 8.88 | 8.25 | Up | ||
| NPLCT | Mundra | 9.37 | 9 | 8.23 | Up | ||
| NPLCT | Jaigad | 9.72 | 9.35 | 8.6 | Up | ||
| Hay Point | Australia | Vizag | 15.08 | 14.5 | 12.9 | Up | |
| New Castle | Fangcheng | China | 14.44 | 13.7 | 12.33 | Up | |
| New Castle | Rizhao | 14.89 | 14.14 | 12.76 | Up | ||
| New Port News | USA | Vizag | India | 32.13 | 31.66 | 29.26 | Up |
| Tanjung Bara CT | Indonesia | Fangcheng | China | 7.4 | 7.14 | 6.7 | Up |
| Tanjung Bara CT | Rizhao | 7.85 | 7.58 | 7.13 | Up | ||
| New Orleans | USA | Dhamra | India | 32.24 | 30.93 | 31.14 | Up |
| New Orleans | Mundra | 33.69 | 32.29 | 32.59 | Up | ||
| New Orleans | Rizhao | China | 38.23 | 36.59 | 36.89 | Up | |
| CAPESIZE | |||||||
| FREIGHT(in USD/MT) | |||||||
| LOAD PORT | COUNTRY | DISCHARGE | COUNTRY | 15Sep’17 | LAST WEEK | LAST WEEK | STATUS |
| Puerto Bolivar | Colombia | Dhamra | India | 20.74 | 21.02 | 23.51 | Down |
| Puerto Bolivar | Mundra | 19.05 | 19.32 | 21.75 | Down | ||
| DBCT | Australia | Gangavaram | 11.25 | 11.07 | 11.09 | Up | |
| DBCT | Mundra | 10.93 | 10.73 | 10.75 | Up | ||
| Richards Bay | South Africa | Gangavaram | 11.6 | 11.51 | 11.6 | Up | |
| Richards Bay | Mundra | 10.2 | 10.11 | 10.2 | Up | ||
| Puerto Bolivar | Colombia | Fangcheng | China | 19.67 | 19.9 | 22.2 | Down |
| Puerto Bolivar | Qingdao | 20.45 | 20.88 | 23.05 | Down | ||
| Richards Bay | South Africa | Fangcheng | 12.24 | 12.35 | 12.23 | Down | |
| Richards Bay | Qingdao | 12.4 | 12.52 | 12.4 | Down | ||
| New Castle | Australia | Qingdao | 10.36 | 10.2 | 9.9 | Up | |
| New Castle | Fangcheng | 10.9 | 10.72 | 10.4 | Up | ||
| Baltimore | USA | Mundra | India | 24.55 | 24.25 | 24.9 | Up |
| Norfolk | Gangavaram | 25.9 | 25.61 | 26.3 | Up | ||
| TBCT | Indonesia | Qingdao | China | 6.55 | 6.47 | 6.1 | Up |
| TBCT | Fangcheng | 6.1 | 6.03 | 5.7 | Up | ||
| TBCT | Mundra | India | 7.7 | 7.62 | 7.15 | Up | |
| TBCT | Gangavaram | 7.45 | 7.38 | 6.99 | Up | ||
Source: BULK MARINE
Leave a Reply