The TEX Report Topics < Iron Ore > Home
HOME >> Topics List >> January, 2006 >> 20 (Fri)
Bulk Shipping Market Weakening
= $23 / ton rate set on a 130,000-ton Chinese coal laden carrier bound for the Netherlands
[Capesize]
<Norway - Netherlands>
- Anglo-Dutch steelmaker Corus voyage-chartered the AQUAHOPE to load 150,000 tons of iron ore at Narvik, Norway for transport to Ijmuiden, the Netherlands. Freight rate: $4.00/ton. (Fio 7 days in total for loading / unloading) Laycan schedule: Jan. 24 - 28. Narvik is the iron ore shipping port servicing Sweden's state-owned iron ore supplier, LKAB.

<Western Australia - China>
- BHP Billiton voyage-chartered the CHINA ACT to load 130,000 tons of iron ore at Port Hedland, Western Australia for transport to Xingang. Freight rate: $11.00/ton. (Fio loading to scale; unloading 15,000 t/d) Laycan schedule: Feb. 5 - 15.

<Brazil - Italy>
- SK Shipping time-chartered the NETADOLA (149,475 dwt) with delivery at Tubarao, Brazil and redelivery at Skaw, Denmark and Cape Passero, Italy. Charter rate: $23,000/day plus ballast bonus $500,000. Laycan schedule: Jan. 24 - 25.

<East Australia - South Korea>
- South Korean Hyundai Merchant Marine time-chartered the CLEOPATRA DREAM (149,989 dwt) with delivery in South Korea and redelivery in the same country via East Australia. Charter rate: $21,000/day. Laycan schedule: Jan. 28 - 31.

<Western Australia - China>
- China's COSBULK time-chartered the ANANGEL INNOVATION (172,220 dwt) with delivery at Qingdao and redelivery at Xingang, Tianjin via Western Australia. Charter rate: $23,000/day. Laycan schedule: Jan. 22 - 24.

<China - Netherlands>
- German ThyssenKrupp voyage-chartered the ETERNAL BRIGHT to load 130,000 tons of coal at Xingang, China for transport to Rotterdam. Freight rate: $23.00/ton. (Fio loading to scale; unloading 25,000 t/d) Laycan schedule: Jan. 18 - 25.

[Panamax]
<Norway - UK>
- Corus voyage-chartered a TBN to load 75,000 tons of iron ore at Narvik for transport to Immingham, the UK. Freight rate: $5.75/ton. (Fio 5 days) Laycan schedule: Jan. 22 - 27.

<Indonesia - Japan>
- Shinwa Kaiun time-chartered the BRUNHILDE SALAMON (75,940 dwt) with delivery at Kemaman, Malaysia and redelivery in Japan via Indonesia. Charter rate: $19,500/day. Laycan schedule: Jan. 25 - 31.
last modified : Wed 25 Jan, 2006 [10:46]
Copyright (C) 2004 The TEX Report Ltd. All Rights Reserved.