Shipping market weekly report-Dry-week 32
Iron ore rates on the West Australia / China route continued throughout
Week 32 at low-mid 8.00’s fio level. No period activity to report here.
North Pacific rounds ranged at the usd 9,000/11,000 pd. A number of
Indonesian and Australian trips into China were reported at the level of usd
6,000/8,000 pd. Indonesian trips into India were fixed around usd
7,000/10,000 pd. Indian trips via East Coast South America into China were
reported at the level of usd 12,000/13,000 pd. West African trips via South
America into Continent were fixed around usd 15,000/16,000 pd.
Continental trips via South America into China were reported at the level of
usd 21,000/22,000 pd. Mediterranean trips via Black Sea into India were
fixed around usd 22,000/23,000 pd. South American trips into China were
reported at the level of usd 15,000/16,000 pd plus ballast bonus at the usd
500K/650K. A Kamsarmax was fixed on period at the usd 12,500 pd basis
delivery China for 8/10 months employment.
