Family: BCI
Index: C2, C3, C7 & C14
Category: Consultation

Following a further consultation and in reference to Circulars 11/24, 21/24, 32/24, 36/24 and 37/24 the Baltic Index Council (BIC) has approved the below route description changes.

Details of the consultation can be found HERE.

Route ID

Short Description

Long Description

Unit

C2

Tubarao to Rotterdam

Tubarao to Rotterdam. 170,000mt iron ore, 10% more or less in owner's option, free in and out. Laydays/Cancelling 20/30 days from index date. 6 days, Sundays + holidays included all purposes. 6 hrs turn time at loading port, 6 hrs turn time at discharge port, 0.5% in lieu of weighing. Freight based on long tons. Age max 18 yrs. 5% total commission.

$/MT

C3

Tubarao to Qingdao

Tubarao to Qingdao. 170,000mt iron ore, 10% more or less in owner's option, free in and out. Laydays/Cancelling 20/30 days from index date. Scale load/30,000mt Sundays + holidays included discharge. 6 hrs turn time at loading port, 24 hrs turn time at discharge port. Age max 18 yrs. 5% total commission.

$/MT

C7

Bolivar to Rotterdam

Bolivar to Rotterdam. 160,000mt coal, 10% more or less in owner's option, free in and out, trimmed. Laydays/Cancelling 20/35 days from index date. 50,000mt, Sundays + holidays included load, 25,000mt Sundays + holidays included discharge. 12 hrs turn time at loading port, 12 hrs turn time at discharge port. Age max 15 yrs. 5% total commission.

$/MT

C14

China to Brazil or West Africa round voyage

Delivery Qingdao 15-25 days after sailing Qingdao, round voyage via Brazil or West Africa, redelivery China-Japan range, duration 80-90 days. Basis the Baltic Capesize vessel. 5% total commission.

$/day

The changes will take effect from 2nd January 2025.

Any comments or feedback, please direct your message to balticbroker@balticexchange.com.

Circular ID: MC/Dry/202412/44/N