*** The Baltic Exchange published two different index numbers for each of
three sectors listed below. We are providing both numbers, along with the time
of day each was published.Due to the fact that the Baltic Exchange website
appears to be down, we are unable to verify which of these sets of numbers is
correct. As soon as we have a definite answer, the verified numbers will be
indicated to you.***
Atlantic Panamax business trended sideways into the close of the week as
owners and charterers battled for dominance. Owners appeared to have a slight edge as
rates increased slightly for some business. From the Pacific, there was new
business on offer for NoPac rounds, and rates held at last dones as a result.
However, without ongoing new cargoes,the volume of available tonnage is
likely to overwhelm the market again.A NoPac round was reported fixed at a lowish
$5,250 daily.Period business in the East paid $8,000 daily for 4-6 months
trading from Hong Kong.
Reported by Baltic in the A.M.: The Baltic Panamax index rose 5 to 806.
Reported by the Baltic in the P.M.: The Baltic Panamax index was unchanged at
Atlantic Panamax business saw the 2000-built 73,454 dwt Seajoy has gone to
Transgrain for September 01-05 delivery east coast South America on a trip
redelivery Iran at $15,500 daily.
Vitol was linked on subjects with the 2009-built 76,611 dwt Jin Zhu Hai for
September 01-05 delivery in the U.S. Gulf on a trip with redelivery Skaw-Cape
Passero at $8,500 daily plus a $275,000 ballast bonus.
The 2001-built Myrto was fixed to Cobelfret for August 27-September 03 loading
70,000 tons 10% coal from Murmansk to Gijon at $7,50.
Out of the Pacific, the newbuilding 82,000 dwt Transatlantic has reportedly
fixed to Sinotrans Vancouver for September delivery ex-yard Mokpo for a trip
with redelivery Singapore/Japan at $7,000 daily plus a $350,000 ballast bonus.
The newbuilding 82,000 dwt Transpacific went to Sinochart for September
ex-yard Mokpo for a trip with redelivery Singapore/Japan at $7,000 daily plus
$330,000 ballast bonus.
The 1996-built 70,189 dwt Pleione has gone to Cargill for prompt delivery
Dandong on a trip via the U.S. Gulf with redelivery Singapore-Japan at $6,500
The 1999-built 73,796 dwt Excalibur will earn $5,250 daily from Marubeni for
spot delivery CJK on a trip via NoPac with redelivery Japan.
NCS has the 1993-built 69,555 dwt Mass Enterprise for August 18-23 delivery
Indonesia for a trip with redelivery Singapore-Japan at $5,000 daily plus a
ballast bonus of $70,000.
Hinrichs was said to have taken a TBN for August 25-26 delivery China on a
via Bayuquan with redelivery UK-Continent range at $2,500 daily.
Voyage business saw the 2005-built 76,619 dwt Maritime Suzana go to Rio Tinto
for September 03-09 loading 70,000 tons 10% magnetite from Maputo and Richards
Bay to Qingdao at $20,15.
Period business in the Pacific saw Marubeni take the 2001-built 74,133 dwt
Little Prince for August 22-24 delivery Hong Kong for 4-6 months trading with
redelivery worldwide at $8,000 daily.
Capesize business drifted down into the weekend today. Atlantic rates dropped
with Tubarao/Qingdao cargoes said to have seen $17,25. In the East,
East business via the Black Sea and the Gulf of Aden earned $10,250 daily for
modern tonnage. There was talk of period business fixing 3-7 months trading
$7,750 daily - but confirmation was lacking.
Reported by Baltic in the A.M.: The Baltic Capesize index fell 10 to close the
day at 1095.
Reported by the Baltic in the P.M.: The Baltic Capesize index was down 15 at
>From the Atlantic, Cargill reportedly fixed a TBN for September 13-22 loading
160,000 tons 10% ore from Tubarao to Qingdao at $17,25.
The 2012-built Hanjin Esperance has gone to STX Pan Ocean for September 05-19
loading 150,000 tons 10% coal from Richards Bay to Rotterdam at $6,10.
In the Pacific, Richstone was the charterer of the 2010-built 175,820 dwt
Beijing for August 20-28 delivery Mundra on a trip via the Black Sea with
redelivery in the Far East via the Gulf of Aden at $10,250 daily.
Handy tonnage closed the week very quietly. In the Atlantic, from the US Gulf
supramax was being talked fixed to Turkey in the high-$12,000-daily range -
confirmation was lacking. A trip out from Canakkale to the Persian Gulf
reportedly earned over $20,000 daily - but again this could not be confirmed.
Handysize tonnage did see $9,000 daily for a Santos/Morocco sugar cargo. In
the East, there was some renewed interest in period tonnage. A supramax has
reportedly fixed at $8,200 daily for 3-5 months trading. Spot tonnage fixed
lower, with $7,250 daily reported done for Singapore/India via Indonesia.
Reported by Baltic in the A.M.: The Baltic Supramax index was off 6 at 841,
while the Handysize index fell 6 to 496.
Reported by the Baltic in the P.M.: BSI 847 down 9 ; BHMI 502 down 4
The Atlantic basin heard that Western Bulk Carriers has a TBN for September
10-15 loading 30,000 tons 10% bulk sugar from Santos to Morocco at $9,000
Pacific handy business included word of the 2011-built 56,851 dwt Heilan Song
fixing to Siva Bulk for August 19-25 delivery dop Kandla on a trip via the
Persian Gulf with redelivery India at $10,000 daily.
The charterer also has the 2009-built 56,811 dwt Shropshire for spot delivery
Singapore on a trip via Indonesia with redelivery India at $7,250 daily.
The 2007-built 53,390 dwt Madonna III fixed with an undisclosed charterer for
spot delivery aps Indonesia on a trip with redelivery east coast India at $8,
000 daily plus a $90,000 ballast bonus.
Pacbasin agreed $7,000 daily for the 2012-built 29,078 dwt Uni Challenge for
spot delivery passing Singapore on a trip with 2-3 laden legs and redelivery
In Pacific period business, Olam was linked with a 57,000 dwt TBN for
01-05 delivery South Korea for 3-5 months trading and redelivery worldwide at