Baltic exchange panamax index (BPI) routes
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Route: P1A_03
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Basis a Baltic panamax 74,000 mt dwt not over 7 years, 89,000 cbm grain, max
LOA 225m, draft 13.95m, 14.0 knots on 32mts fuel oil laden, 28mts fuel oil
ballast and no diesel at sea. For a trans Atlantic (including ECSA) round of
45/60 days on the basis of delivery and redelivery Skaw-Gibraltar range.
Loading 15-20 days ahead in the loading area. Cargo basis grain, ore, coal, or
similar. 3.75 per cent total commission. Nominal Weighting =20%
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| Weighting: 25% |
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Route: P2A_03
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Basis a Baltic panamax 74,000 mt dwt not over 7 years of age, 89,000 cbm grain,
max loa 225m, draft 13.95m, 14.0 knots on 32mts fuel oil laden, 28mts fuel oil
ballast and no diesel at sea, basis delivery Skaw-Gibraltar range, for a trip
to the Far East, redelivery Taiwan-Japan range, duration 60/65 days. Loading
15-20 days ahead in the loading area. Cargo basis grain, ore, coal, or similar.
3.75 per cent total commission Nominal Weighting =12.5%
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| Weighting: 25% |
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Route: P3A_03
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Basis a Baltic panamax 74,000 mt dwt not over 7 years of age, 89,000 cbm grain,
max loa 225m, draft 13.95m, 14.0 knots on 32mts fuel oil laden, 28 mts fuel oil
ballast and no diesel at sea, for a trans Pacific round of 35/50 days either
via Australia or Pacific (but not including short rounds such as
Vostochny/Japan), delivery and redelivery Japan/South Korea range. Loading
15-20 days ahead in the loading area. Cargo basis grain, ore, coal or similar.
3.75 per cent total commission. Nominal Weighting =20%
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| Weighting: 25% |
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Route: P4_03
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Basis a Baltic panamax 74,000 mt dwt not over 7 years of age, 89,000 cbm grain,
max loa 225m, draft 13.95m, 14.0 knots on 32mts fuel oil laden, 28 mts fuel oil
ballast and no diesel at sea, delivery Japan-South Korea range for a trip via
US West Coast-British Columbia range, redelivery Skaw-Gibraltar range, duration
50/60 days. Loading 15/20 days ahead in the loading area. Cargo basis grain,
petroleum coke or similar. 3.75 per cent total commission. Nominal Weighting
=15%
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| Weighting: 25% |
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