Handysize

52,454t dwt (Approx. 49,000 tonnes cargo)

The Baltic Handysize Index has been published as a trial index since May 2006 and went live on the first reporting day of January 2007.

Handysize vessels are used to transport a wide variety of commodities including steel, fertiliser, grains, scrap, minerals, timber and logs. Similar to Supramaxes, the majority of Handies are geared, enabling them to go into smaller ports with less developed infrastructure.

The Handysize FFA sector embraces one of the largest client bases, reflecting the substantial number of ships in this sector.

The most regularly traded Handysize FFAs at this stage are the weighted average of the 6 t/c routes. However, it is possible to trade any individual route desired.

Estimated volume of FFAs pa:
		Huge potential on this new index
		Average total tonnes carried by each vessel pa: 200kt
		Total number of vessels (10/40kt dwt): 2700