| The TEX Report Topics < Iron Ore > | |
| HOME >> Topics List >> August, 2008 >> 19 (Tue) |
| Bulk Shipping Market Bears Strong Tone |
| = $160,000 / day set on 175,000-dwt type vessel for WA to China TC = |
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[Capesize] <W. Australia - China> - Spot On voyage-chartered the ORMOND (1986-built) to ship 160,000 tons of iron ore at Dampier, Western Australia for transport to Qingdao, China. Freight rate: $29.50/ton. (Fio loading to scale; unloading 30,000 t/d) Laycan schedule: Aug. 20 - 26. - Rio Tinto Shipping time-chartered the TIAN BAO HAI (175,000 dwt, 2004-built) with delivery at Qingdao and redelivery in China. Charter rate: $160,000/day. Laycan schedule: Aug. 20 - 22. <Brazil - China> - China's steel company Jiangsu Shagang voyage-chartered a Chinese company-owned TBN to ship 160,000 tons of iron ore at either Ponta da Madeira or Tubarão, Brazil for transport to Qingdao. Freight rate: $75.00/ton. (Fio loading to scale; unloading 30,000 t/d) Laycan schedule: Sep. 1 - 10. <S. Africa - Netherlands> - US grain company Cargill voyage-chartered the LONDON COURAGE (2007-built) to ship 180,000 tons of coal at Richards Bay, South Africa for transport to Rotterdam. Freight rate: $33.00/ton. (Fio loading to scale; unloading 25,000 t/d) Laycan schedule: Sep. 1 - 15. [Panamax] <Norway - Netherlands> - Anglo-Dutch steel company Corus voyage-chartered the NAIAS (2006-built) to ship 70,000 tons of iron ore at Narvik, Norway for transport to Ijmuiden, the Netherlands. Freight rate: $16.50/ton. (Fio 5 days in total for loading / unloading) Laycan schedule: Aug. 28 - Sep. 1. <EC Australia - EC India> - SK Shipping time-chartered the APOLLO (77,326 dwt, 2006-built) with delivery at Nagoya and redelivery on the east coast of India via Hay Point, Australia. Charter rate: $40,000/day. Laycan schedule: Aug. 19 - 22. |
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| last modified : Fri 22 Aug, 2008 [10:44] |
