Family: BCI
Index:   C3
Category:  Change
 

Following feedback from the market and subsequent consultation, the Baltic recommended and the Baltic Index Council has approved the following change to the laycan description for C3, as below.
 

From:    “…Laydays/cancelling 25/35 days from index date….”

To:         “…Laydays/cancelling 20/30 days from index date….”
 

Feedback from the consultation was that this change will more accurately reflect standard market practices in the physical market and will have no value impact. This change will be implemented from 3 April 2023.
 

The full descriptions for this route can be found in the GMB Appendix 2.
 

If you have any questions or comments please contact balticbroker@balticexchange.com



Circular ID: CA/Dry/202303/7/N