Panamax and Kamsarmax freight assessments // week 8
20.02.2025 16:42
Spot/ppt freight assessments on main trade routes ex Atlantic Ocean ports
Cargo
|
Lot
|
Loading port
|
Country
|
Discharging port
|
Country
|
Given load rate
|
Given disch rate
|
Rate, $/tonne
|
w-o-w
|
iron ore
|
75-80,000t
|
Baltimore
|
USA
|
Vlissingen
|
Netherlands
|
25000c
|
25000c
|
8.5
|
=
|
coal
|
75,000t
|
Atlantic Coast
|
USA
|
Vizag
|
India
|
25000c
|
20000c
|
28.5
|
=
|
coal
|
75,000t
|
Port-Cartier
|
Canada
|
Hamburg
|
Germany
|
30000c
|
25000c
|
9
|
=
|
coal
|
75,000t
|
Puerto Bolivar
|
Colombia
|
Rotterdam / Antwerp
|
Netherlands / Belgium
|
30000c
|
25000c
|
8.5
|
=
|
coal
|
75,000t
|
Atlantic Coast
|
USA
|
Rotterdam
|
Netherlands
|
25000c
|
25000c
|
7
|
=
|
coal
|
75,000t
|
Atlantic Coast
|
USA
|
Dunkirk
|
France
|
30000c
|
25000c
|
7.25
|
=
|
coal
|
75,000t
|
Mississippi River ports
|
USA
|
Rotterdam
|
Netherlands
|
25000c
|
25000c
|
13
|
=
|
coal
|
75,000t
|
Gulf of Mexico
|
USA
|
Hamburg
|
Germany
|
25000c
|
25000c
|
8.75
|
=
|
coal
|
75,000t
|
Gulf of Mexico
|
USA
|
Immingham
|
UK
|
25000c
|
25000c
|
10.5
|
=
|
coal
|
75,000t
|
Mobile
|
USA
|
Rotterdam / Antwerp
|
Netherlands / Belgium
|
25000c
|
25000c
|
10
|
=
|
coal (sf 47-48`)
|
65-70,000t
|
Gulf of Mexico
|
USA
|
Iskenderun
|
Turkey
|
25000c
|
20000c
|
11.5
|
=
|
coal (sf 47-48`)
|
65-70,000t
|
Atlantic Coast
|
USA
|
Eregli
|
Turkey
|
30000c
|
20000c
|
10
|
=
|
coal (sf 47-48`)
|
65-70,000t
|
Atlantic Coast
|
USA
|
Iskenderun
|
Turkey
|
30000c
|
20000c
|
9
|
=
|
coal
|
75,000t
|
Drummond
|
Colombia
|
Iskenderun
|
Turkey
|
30000c
|
20000c
|
9.75
|
=
|
coal
|
75,000t
|
Puerto Bolivar
|
Colombia
|
Koper
|
Slovenia
|
30000c
|
20000c
|
10.25
|
=
|
coal
|
75,000t
|
Atlantic Coast
|
USA
|
Gijon
|
Spain
|
25000c
|
20000c
|
8
|
=
|
coal
|
70-75,000t
|
Atlantic Coast
|
USA
|
Jorf Lasfar
|
Morocco
|
30000c
|
15000c
|
9.5
|
=
|
coal
|
75,000t
|
Atlantic Coast
|
USA
|
Praia Mole
|
Brazil
|
30000c
|
15000c
|
8
|
=
|
maize (sf 52')
|
60-70,000t
|
Gulf of Mexico
|
USA
|
Tarragona
|
Spain
|
10000x
|
10000x
|
22
|
=
|
maize (sf 52')
|
60-70,000t
|
Gulf of Mexico
|
USA
|
Alexandria
|
Egypt
|
10000x
|
6000x
|
26.5
|
=
|
maize (sf 52')
|
60-70,000t
|
San Lorenzo+Bahia Blanca
|
Argentina
|
Damietta
|
Egypt
|
8000x
|
6000x
|
27
|
+2
|
maize (sf 52')
|
60-70,000t
|
Paranagua
|
Brazil
|
Ho Chi Minh
|
Vietnam
|
8000x
|
6000x
|
33.5
|
+1.5
|
soybean (sf 50')
|
60-70,000t
|
Santos
|
Brazil
|
Rotterdam
|
Netherlands
|
10000x
|
10000x
|
19.5
|
+1
|
soybean (sf 50')
|
60-70,000t
|
Gulf of Mexico
|
USA
|
Rotterdam
|
Netherlands
|
10000x
|
8000x
|
21
|
=
|
soybean (sf 50')
|
60-70,000t
|
Santos
|
Brazil
|
Northern ports
|
China
|
8000x
|
8000x
|
32.5
|
+2
|
soybean (sf 50')
|
60-70,000t
|
Santos
|
Brazil
|
Southern ports
|
China
|
8000x
|
8000x
|
32
|
+2
|
soybean (sf 50')
|
60-70,000t
|
New Orleans
|
USA
|
Northern ports
|
China
|
10000x
|
8000x
|
40.5
|
=
|
soybean (sf 50')
|
60-70,000t
|
New Orleans
|
USA
|
Southern ports
|
China
|
10000x
|
8000x
|
41.5
|
=
|
DDGS (sf 60')
|
50-55,000t
|
Gulf of Mexico
|
USA
|
Northern ports
|
China
|
10000x
|
8000x
|
43
|
=
|
Terms FIOS 1/1
Spot/ppt freight assessments on main trade routes ex Baltic & Continent ports
Cargo
|
Lot
|
Loading port
|
Country
|
Discharging port
|
Country
|
Given load rate
|
Given disch rate
|
Rate, $/tonne
|
w-o-w
|
pig iron
|
70,000t
|
Ventspils
|
Latvia
|
New Orleans
|
USA
|
15000c
|
15000c
|
9.25
|
=
|
iron ore
|
80,000t
|
Kirkenes
|
Norway
|
Ijmuiden
|
Netherlands
|
30000c
|
25000c
|
6.25
|
=
|
iron ore
|
70,000t
|
Klaipeda
|
Lithuania
|
Port Talbot
|
UK
|
25000c
|
25000c
|
5.25
|
=
|
iron ore
|
60,000t
|
Kokkola
|
Finland
|
Immingham
|
UK
|
25000c
|
25000c
|
7.25
|
=
|
iron ore concentrate
|
70,000t
|
Murmansk
|
Russia
|
Northern ports
|
China
|
20000c
|
25000c
|
37
|
=
|
iron ore concentrate
|
70-80,000t
|
Gdansk
|
Poland
|
Rotterdam
|
Netherlands
|
15000c
|
25000c
|
4.5
|
=
|
coal
|
70,000t
|
Ust-Luga
|
Russia
|
Rotterdam / Antwerp
|
Netherlands / Belgium
|
20000c
|
20000c
|
8.5
|
=
|
coal
|
70,000t
|
Ust-Luga
|
Russia
|
Mormugao
|
India
|
20000c
|
15000c
|
31.5
|
=
|
coal
|
70,000t
|
Riga
|
Latvia
|
La Coruna
|
Spain
|
20000c
|
15000c
|
8.5
|
=
|
coal
|
70,000t
|
Riga
|
Latvia
|
Rotterdam / Antwerp
|
Netherlands / Belgium
|
20000c
|
20000c
|
6
|
=
|
coal
|
70,000t
|
Murmansk
|
Russia
|
Iskenderun
|
Turkey
|
20000c
|
20000c
|
14.75
|
=
|
potassium fertilizers
|
65-70,000t
|
Klaipeda
|
Lithuania
|
Southern ports
|
China
|
12000c
|
8000c
|
32
|
=
|
wheat (sf 46-48`)
|
60-70,000t
|
La Rochelle
|
France
|
Alexandria
|
Egypt
|
12000x
|
6000x
|
13.75
|
=
|
wheat (sf 46-48`)
|
60-70,000t
|
Klaipeda
|
Lithuania
|
Jeddah
|
Saudi Arabia
|
10000x
|
4500x
|
28.5
|
=
|
barley (sf 53-54`)
|
55-60,000t
|
Hamburg / Rostock
|
Germany
|
Jeddah
|
Saudi Arabia
|
10000x
|
4500x
|
30.5
|
=
|
Terms FIOS 1/1
Spot/ppt freight assessments on main trade routes ex Black Sea ports
Cargo
|
Lot
|
Loading port
|
Country
|
Discharging port
|
Country
|
Given load rate
|
Given disch rate
|
Rate, $/tonne**
|
w-o-w
|
iron ore concentrate
|
70-80,000t
|
Pivdennyi
|
Ukraine
|
Rotterdam
|
Netherlands
|
15000c
|
25000c
|
14.25
|
+0.25
|
iron ore concentrate
|
70-80,000t
|
Pivdennyi
|
Ukraine
|
1 port
|
Japan
|
15000c
|
20000c
|
34
|
=
|
iron ore concentrate
|
70-80,000t
|
Pivdennyi
|
Ukraine
|
Northern ports
|
China
|
15000c
|
25000c
|
32.5
|
=
|
coal
|
70,000t
|
Taman
|
Russia
|
East Coast
|
India
|
25000c
|
15000c
|
24.5
|
=
|
coal
|
70,000t
|
Taman
|
Russia
|
Iskenderun
|
Turkey
|
25000c
|
15000c
|
11
|
+0.25
|
coal
|
70,000t
|
Kavkaz roads / OPL
|
Russia
|
West Coast
|
India
|
7000c
|
15000c
|
27.5
|
=
|
coal
|
70,000t
|
Kavkaz roads / OPL
|
Russia
|
Jorf-Lasfar
|
Morocco
|
7000c
|
15000c
|
15.25
|
+0.25
|
wheat (sf 46-47`)
|
65-70,000t
|
Constanta
|
Romania
|
Ulsan
|
South Korea
|
10000x
|
7000x
|
32
|
=
|
wheat (sf 46-47`)
|
65-70,000t
|
Odessa / Pivdennyi
|
Ukraine
|
Marmara Sea ports
|
Turkey
|
10000x
|
7000x
|
11.25
|
+0.25
|
wheat (sf 46-47`)
|
65-70,000t
|
Odessa / Pivdennyi
|
Ukraine
|
Alexandria
|
Egypt
|
10000x
|
6000x
|
13
|
+0.25
|
wheat (sf 46-47`)
|
65-70,000t
|
Novorossiysk
|
Russia
|
Alexandria
|
Egypt
|
10000x
|
6000x
|
12.5
|
+0.25
|
wheat (sf 46-47`)
|
65-70,000t
|
Constanta
|
Romania
|
Alexandria
|
Egypt
|
8000x
|
8000x
|
10
|
+0.5
|
wheat (sf 46-47`)
|
65-70,000t
|
Kavkaz roads / OPL
|
Russia
|
Chittagong
|
Bangladesh
|
7000x
|
3500x
|
32.5
|
=
|
wheat (sf 46-47`)
|
65-70,000t
|
Kavkaz roads / OPL
|
Russia
|
Ho Chi Minh
|
Vietnam
|
7000x
|
8000x
|
31
|
=
|
wheat (sf 46-47`)
|
65-70,000t
|
Kavkaz roads / OPL
|
Russia
|
Cigading / Ciwandan
|
Indonesia
|
7000x
|
7000x
|
31
|
=
|
wheat (sf 46-47`)
|
65-70,000t
|
Kavkaz roads / OPL
|
Russia
|
Manila
|
Philippines
|
7000x
|
6000x
|
31.5
|
=
|
wheat (sf 46-47`)
|
65-70,000t
|
Odesa / Pivdennyi
|
Ukraine
|
Cigading / Ciwandan
|
Indonesia
|
10000x
|
6000x
|
31.5
|
=
|
barley (sf 53-54`)
|
55-60,000t
|
Odesa / Pivdennyi
|
Ukraine
|
Jeddah
|
Saudi Arabia
|
10000x
|
4500x
|
28
|
=
|
maize (sf 49`)
|
60-70,000t
|
Odesa / Pivdennyi
|
Romania
|
Southern ports
|
China
|
10000x
|
8000x
|
35.5
|
=
|
maize (sf 49`)
|
60-70,000t
|
Odesa /Pivdennyi
|
Ukraine
|
East Coast
|
Spain
|
10000x
|
8000x
|
15.25
|
+0.25
|
maize (sf 49`)
|
60-70,000t
|
Constanta
|
Romania
|
East Coast
|
Spain
|
8000x
|
8000x
|
11.75
|
+0.75
|
Terms FIOS 1/1;
** - given AWRP/EWRI, ice dues (if any) on owner's acct; for shipments from Ukrainian ports - 3 waiting days at Sulina - on owner's acct.
Spot/ppt freight assessments on main trade routes ex Asia-Pacific ports
Cargo
|
Lot
|
Loading port
|
Country
|
Discharging port
|
Country
|
Given load rate
|
Given disch rate
|
Rate, $/tonne
|
w-o-w
|
coal
|
85,000t
|
Hay Point
|
Australia
|
Qingdao
|
China
|
38000c
|
25000c
|
11.75
|
+0.5
|
coal
|
75,000t
|
Hay Point
|
Australia
|
1 port
|
Japan
|
38000c
|
25000c
|
12.25
|
+0.5
|
coal
|
75,000t
|
Dalrymple Bay
|
Australia
|
East Coast
|
India
|
38000c
|
25000c
|
13.75
|
+0.75
|
coal
|
75,000t
|
East Coast
|
Australia
|
Rotterdam
|
Netherlands
|
34000c
|
25000c
|
20.5
|
+0.5
|
coal
|
75,000t
|
Newcastle
|
Australia
|
Dangjin
|
South Korea
|
34000c
|
25000c
|
12.5
|
+0.5
|
coal
|
75,000t
|
Newcastle
|
Australia
|
Guangzhou
|
China
|
34000c
|
25000c
|
11.5
|
+0.5
|
coal
|
75,000t
|
South Kalimantan
|
Indonesia
|
Southern ports
|
China
|
15000c
|
25000c
|
5.5
|
+0.5
|
coal
|
75,000t
|
South Kalimantan
|
Indonesia
|
Northern ports
|
China
|
15000c
|
25000c
|
6
|
+0.5
|
coal
|
75,000t
|
South Kalimantan
|
Indonesia
|
East Coast
|
India
|
15000c
|
25000c
|
7
|
+0.5
|
coal
|
75,000t
|
South Kalimantan
|
Indonesia
|
West Coast
|
India
|
15000c
|
25000c
|
7.5
|
+0.5
|
coal
|
75,000t
|
East Kalimantan
|
Indonesia
|
East Coast
|
India
|
15000c
|
25000c
|
7.25
|
+0.5
|
coal
|
75,000t
|
East Kalimantan
|
Indonesia
|
West Coast
|
India
|
15000c
|
25000c
|
8
|
+0.5
|
coal
|
70,000t
|
Vostochny
|
Russia
|
Taicang
|
China
|
15000c
|
25000c
|
5.5
|
=
|
coal
|
70,000t
|
Vostochny
|
Russia
|
1 port
|
South Korea
|
15000c
|
25000c
|
5.25
|
=
|
coal
|
70,000t
|
Vostochny
|
Russia
|
East Coast
|
India
|
15000c
|
25000c
|
13.5
|
=
|
coal
|
65,000t
|
Samarinda
|
Indonesia
|
Guangzhou
|
China
|
12000c
|
20000c
|
6
|
+0.5
|
fertilizers
|
65-70,000t
|
Northern ports
|
China
|
Kandla
|
India
|
8000c
|
8000c
|
12.5
|
+0.5
|
urea (sf 51`)
|
60-65,000t
|
Yantai
|
China
|
East Coast
|
India
|
8000c
|
8000c
|
11.5
|
+0.5
|
wheat (sf 47-48`)
|
60-70,000t
|
Vancouver
|
Canada
|
Northern ports
|
China
|
9000x
|
8000x
|
21.5
|
+1.75
|
wheat (sf 47-48`)
|
60-70,000t
|
Tacoma
|
USA
|
Northern ports
|
China
|
10000x
|
8000x
|
23.5
|
+1.75
|
wheat (sf 47-48`)
|
60-70,000t
|
East Coast
|
Australia
|
Southern ports
|
China
|
12000x
|
8000x
|
18.25
|
+1.75
|
barley (sf 53-54`)
|
55-60,000t
|
East Coast
|
Australia
|
Southern ports
|
China
|
12000x
|
8000x
|
20.75
|
n/a
|
barley (sf 53-54`)
|
55-60,000t
|
East Coast
|
Australia
|
Jeddah
|
Saudi Arabia
|
12000x
|
4500x
|
27.5
|
+1.75
|
CC inspection - on owner's acct.
Spot/ppt freight assessments on main trade routes ex Indian Ocean ports
Cargo
|
Lot
|
Loading port
|
Country
|
Discharging port
|
Country
|
Given load rate
|
Given disch rate
|
Rate, $/tonne
|
w-o-w
|
iron ore
|
75,000t
|
Vizag
|
India
|
Ningbo
|
China
|
12000c
|
30000c
|
9.5
|
+0.5
|
iron ore
|
90,000t
|
Saldanha Bay
|
South Africa
|
Kandla
|
India
|
40000c
|
30000c
|
10.25
|
+0.5
|
iron ore
|
75,000t
|
Saldanha Bay
|
South Africa
|
Qingdao
|
China
|
38000c
|
30000c
|
14
|
+0.5
|
manganese ore
|
70,000t
|
Maputo
|
Mozambique
|
Qingdao
|
China
|
12000c
|
20000c
|
14.75
|
+0.5
|
bauxites
|
70,000t
|
Bedi
|
India
|
Qingdao
|
China
|
10000c
|
20000c
|
10.25
|
+0.5
|
coal (sf 39-41`)
|
75,000t
|
Richards Bay
|
South Africa
|
Rotterdam
|
Netherlands
|
38000c
|
25000c
|
11.5
|
+0.5
|
coal (sf 39-41`)
|
75,000t
|
Richards Bay
|
South Africa
|
Mundra
|
India
|
38000c
|
20000c
|
9.5
|
+0.5
|
coal (sf 39-41`)
|
75,000t
|
Richards Bay
|
South Africa
|
East Coast
|
India
|
38000c
|
20000c
|
10.75
|
+0.5
|
coal (sf 39-41`)
|
75,000t
|
Richards Bay
|
South Africa
|
Fangcheng
|
China
|
38000c
|
25000c
|
14.25
|
+0.5
|
coal (sf 39-41`)
|
75,000t
|
Richards Bay
|
South Africa
|
Iskenderun
|
Turkey
|
35000c
|
20000c
|
14.5
|
+0.5
|
gypsum
|
70,000t
|
Mina Saqr
|
UAE
|
East Coast
|
India
|
16000c
|
15000c
|
8.75
|
+0.5
|
Terms FIOS 1/1;
Check the
Panamax market report here