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Balti exchange capesize index (BCI) routes
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Route: C2
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| Tubarao/Rotterdam 160,000 long tons 10 per cent iron ore free in and out, 6 days Sundays
holidays included, 6 hours turn time at loading port and 6 hours turn time at
discharge port, 0.5% in lieu of weighing. Laydays 20 days forward from date of
index, cancelling maximum 35 days forward from date of index. Vessel’s age max.
18 years. Freight based on long tons. 3.75 per cent total commission. Nominal Weighting =10%
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| Weighting: 10% |
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Route: C3
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| Tubarao/Beilun and Baoshan, 150,000 mt 10 per cent iron ore free in and out,
18m salt water arrival draft, scale load/30,000 mt Sundays holidays included
discharge. 6 hours turn time at loading port, 24 hours each discharge port.
Laydays 20 days forward from date of index, cancelling maximum 35 days forward
from date of index. Vessel's age max. 18 years. Freight based on metric tonnes.
3.75 per cent total commission. Note: Panellists are currently reporting basis
max. US$120,000 port disbursements in China for owner's account. Nominal
Weighting =15% |
| Weighting: 15% |
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Route: C4
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| Richards Bay/Rotterdam, 150,000 mt 10 per cent coal free in and out and
trimmed, scale load/25,000 mt Sundays holidays included discharge. 18 hours
turn time at loading port and 12 hours at discharge port. Laydays 25 days
forward from date of index, cancelling 40 days forward from date of index.
Vessel's age max. 15 years. Freight based on metric tonnes. 3.75 per cent total
commission. Nominal Weighting =5% |
| Weighting: 5% |
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Route: C5
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| W Australia/Beilun-Baoshan, 150,000 mt 10 per cent iron ore free in and out,
18m salt water arrival draft, scale load/30,000 Sundays holidays included
discharge, 6 hours turn time at loading port and 24 hours at each discharge
port. Laydays 20 days forward from date of index, cancelling max. 35 days
forward from date of index. Vessel's age max. 18 years. Freight based on metric
tonnes. 3.75 per cent total commission. Nominal Weighting =15% |
| Weighting: 15% |
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Route: C7
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| Bolivar/Rotterdam 150,000 mt 10 pct coal free in and out trimmed, 50,000 mt
Sundays holidays included loading/25,000 mt Sundays holidays included
discharge, 12 hours turn time at loading port and 12 hours turn time at
discharge port. Laydays 20 days forward from date of index, cancelling maximum
35 days forward from date of index. Vessel's age maximum 15 years. 3.75 pct
total commission. Nominal Weighting =5% |
| Weighting: 5% |
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Route: C8_03
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| Delivery Gibraltar-Hamburg range, 5-15 days ahead of the index date, trans
Atlantic round voyage duration 30-45 days, redelivery Gibraltar-Hamburg range.
3.75 per cent total commission. Based on a Baltic capesize of the following
specifications: 172,000 mt dwt, not over 10 years of age, 190,000 cbm grain,
max loa 289m, max beam 45 mtrs, draft 17.75 mtrs, 14.5 knots laden, 15.0 knots
ballast on 56 mts fuel oil, no diesel at sea. Nominal Weighting =10% |
| Weighting: 10% |
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Route: C9_03
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| Delivery Amsterdam-Rotterdam-Antwerp range or passing Passero, 5-15 days ahead
of the index date, redelivery China-Japan range, duration about 65 days. 3.75
per cent total commission. Based on a Baltic capesize of the following
specifications: 172,000 mt dwt, not over 10 years of age, 190,000 cbm grain,
max loa 289m, max beam 45 mtrs, draft 17.75 mtrs, 14.5 knots laden, 15.0 knots
ballast on 56 mts fuel oil, no diesel at sea. Nominal Weighting =5% |
| Weighting: 5% |
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Route: C10_03
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| Delivery China-Japan range, 5-15 days ahead of the index date, round voyage
duration 30-40 days, redelivery China-Japan range. 3.75 per cent total
commission. Based on a Baltic capesize of the following specifications: 172,000
mt dwt, not over 10 years of age, 190,000 cbm grain, max loa 289m, max beam 45
mtrs, draft 17.75 mtrs, 14.5 knots laden, 15.0 knots ballast on 56 mts fuel
oil, no diesel at sea. Nominal Weighting =20% |
| Weighting: 20% |
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Route: C11_03
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| Delivery China-Japan range, 5-15 days ahead of the index date, redelivery
Amsterdam-Rotterdam-Antwerp range or passing Passero, duration about 65 days.
3.75 per cent total commission. Based on a Baltic capesize of the following
specifications: 172,000 mt dwt, not over 10 years of age, 190,000 cbm grain,
max loa 289m, max beam 45 mtrs, draft 17.75 mtrs, 14.5 knots laden, 15.0 knots
ballast on 56 mts fuel oil, no diesel at sea. Nominal Weighting =5% |
| Weighting: 5% |
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Route: C12
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| Gladstone/Rotterdam 150000 mt 10 per cent coal free in and out and trimmed, 17m
load draft, 45000 Sundays holidays included load/25000 Sundays holidays
included discharge. 12 hour turn time bends. Laydays 25 days forward from date
of index, cancelling max 40 days forward from date of index. Vessel's age max
15 years. Freight based on metric tonnes. 3.75 per cent total commission.
Nominal Weighting = 10% |
| Weighting: 10% |
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