| The TEX Report Topics < Iron Ore > | |
| HOME >> Topics List >> November, 2008 >> 17 (Mon) |
| Bulk Shipping Market Flat, Tending To Weaken |
| = $4.50 / ton set on 160,000-ton W. Australian ore carrier bound for China = |
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[Capesize] <Brazil - S. Korea> - South Korean integrated steel company POSCO voyage-chartered a TBN owned by Hanjin Shipping to ship 20,000 tons of iron ore at Ponta da Madeira, Brazil for transport to South Korea. Freight rate: $8.50/ton. (Fio loading to scale; unloading 45,000 - 60,000 t/d) Laycan schedule: Nov 30 - Dec 14. <W. Australia - China> - BHP Billiton voyage-chartered the OCEAN CASTLE (1990-built) to ship 160,000 tons of iron ore at Port Hedland, Western Australia for transport to Qingdao, China. Freight rate: $4.50/ton. (Fio loading to scale; unloading 30,000 t/d) Laycan schedule: Nov 15 - 24. <Goa, India - China> - SST voyage-chartered the ETERNAL BRIGHT (1981-built) to ship 130,000 tons of iron ore at Mormugao (Goa), India for transport to Xiamen, China. Freight rate: $4.60/ton. (Fio loading 25,000 t/d; unloading 15,000 t/d) Laycan schedule: Nov 24 - 30. <Australia - India> - India Vizag Steel (VSP) voyage-chartered the EMPRESS (1992-built) to ship 150,000 tons of coal at Hay Point, Australia for transport to Gangavaram, India. Freight rate: $5.00/ton. (Fio loading to scale; unloading 50,000 t/d) Laycan schedule: Dec 20 - 30. The vessel is relet from BHP Billiton. <Period charter> - Brazialian Vale time-chartered the VOGEBULKER (169,168 dwt, 1999-built) for 2 - 4 months with delivery in Brazil. Charter rate: $10,000/day plus a ballast bonus of $350,000. Laycan schedule: Nov 20 - 30. |
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| last modified : Thu 20 Nov, 2008 [11:01] |
