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Bulk Shipping Market Traces Weakening Trend
= $22.25 / ton rate set on a 150,000-ton Brazilian ore carrier bound for China
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<Brazil - China>
- Sinochart voyage-chartered the GREAT MOON to load 150,000 tons of iron ore at Itaguai (former Sepetiba), Brazil for transport to Qingdao. Freight rate: $22.25/ton. (Fio loading to scale; unloading 25,000 t/d) Laycan schedule: Feb. 10 - 20.

<Western Australia - China>
- Glory Wealth time-chartered the STAR EUROPE (170,698 dwt) with delivery at Guangzhou, China and redelivery in the same country via Western Australia. Charter rate: $22,000/day. Laycan schedule: Jan. 20 - 22.
- A CNR time-chartered the MINERAL SHANGHAI (173,880 dwt) with delivery at Baoshan, China and redelivery in the same country via Western Australia. Charter rate: $25,000/day. Laycan schedule: Jan. 26 - 28.

[Panamax]
<Australia - Japan>
- M.O.S.K. time-chartered the RUBY INDAH (77,700 dwt) with delivery at Shanghai and redelivery in Japan via Australia. Charter rate: $17,250/day. Laycan schedule: Jan. 20 - 22.
- "K" Line time-chartered a newbuilding DOUBLE REJOICE (76,500 dwt) with delivery ex dock Imabari, Japan and redelivery in the same country via Newcastle, Australia. Charter rate: $18,000/day. Laycan schedule: Jan. 30 - 31.
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last modified : Tue 24 Jan, 2006 [10:41]
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