Thursday, May 10, 2007
Baltic Dry Index as of 8.may.07
8 May 2007
Baltic Exchange Dry Index TM 6395 (UP 74)
Baltic Exchange Capesize Index TM 9213 (UP 91)
Baltic Exchange Panamax Index TM 6028 (UP 86)
Baltic Exchange Supramax Index TM 4134 (UP 49)
Baltic Exchange Handysize Index TM 2075 (UP 26)
Daily Summary of the Baltic Exchange Time Charter Routes
Rate($/Day) Change
BCI Average of the T/C routes $107817 (UP 1464)
BPI Average of the T/C routes $48672 (UP 691)
BSI Average of the T/C routes $43223 (UP 510)
BHSI Average of the T/C routes $30206 (UP 401)
Baltic Exchange Capesize Index 9213 (UP 91)
Route Number Description Weighting Average Movement
C2 160000lt Tubarao -Rotterdam 10 29.786 0.150
C3 150000mt Tubarao - Beilun/Baoshan 15 52.188 0.313
C4 150000mt Richards Bay - Rotterdam 5 31.414 0.250
C5 150000mt W Australia - Beilun/Baoshan 15 23.127 0.172
C7 150000mt Bolivar - Rotterdam 5 30.595 0.195
C8_03 172000mt Gibraltar/Hamburg trans Atlantic RV 10 110836 1159
C9_03 172000mt Continent/Mediterranean trip Far East 5 131288 2263
C10_03 172000mt Pacific RV 20 105792 1434
C11_03 172000mt China/Japan trip Mediterranean/Cont 5 83354 1004
C12 150000mt Gladstone - Rotterdam 10 40.295 0.322
Average of the T/C Routes 107817 1464
Baltic Exchange Panamax Index 6028 (UP 86)
Route Number Description Weighting Average Movement
P1A_03 74000mt Transatlantic RV 25 51017 529
P2A_03 74000mt SKAW-GIB/FAR EAST 25 53640 782
P3A_03 74000mt Japan-SK/Pacific/RV 25 46929 822
P4_03 74000mt FAR EAST/NOPAC/SK-PASS 25 43104 633
Average of the T/C Routes 48672 691
Baltic Exchange Handysize Index 2075 (UP 26)
Route
Number Description Weighting Average Movement
HS1 Skaw - Passero trip Recalada - Rio de Janeiro 12.5 24779 172
HS2 Skaw - Passero trip Boston - Galveston 12.5 25514 171
HS3 Recalada - Rio de Janeiro trip Skaw - Passero. 12.5 43706 456
HS4 US Gulf trip via US Gulf or NCSA to Skaw - Passero 12.5 42925 475
HS5 SE Asia trip via Australia to Singapore - Japan 25 26871 483
HS6 S Korea - Japan via NOPAC to Singapore-Japan 25 25493 485
Average of the T/C Routes 30206 401
Baltic Exchange Supramax Index 4134 (UP 49)
Route
Number Description Weighting Average Movement
S1A Antwerp - Skaw Trip Far East 12.5 45066 655
S1B Canakkale Trip Far East 12.5 41563 538
S2 Japan - SK / NOPAC or Australia rv 25 39935 385
S3 Japan - SK Trip Gib - Skaw range 25 40573 423
S4A US Gulf - Skaw-Passero 12.5 63585 818
S4B Skaw-Passero - US Gulf 12.5 34552 452
Average of the T/C Routes 43223 510
S6 Jpn-SK trip via Aus/India 0 40882 404
The route(s) below do not form part of the index calculation
S5 Trial-W.Africa via ECSA to FarEast 0 47748 968
Tuesday, May 08, 2007
Shipping Terms
The following are generally accepted code terms used internationally in the shipping community
| AGW | All going well |
| AAAA | Always Afloat, Always Accessible |
| AARA | Amsterdam-Antwerp-Rotterdam Area |
| ABT | About |
| ADCOM | Address Commission |
| AFSPS | Arrival First Sea Pilot Station (Norway) |
| AFFREIGHTMENT | The hiring of a ship in whole or part |
| AFT | At or towards the stern or rear of a ship |
| AHL | Australian Hold Ladders |
| ANTHAM | Antwerp-Hamburg Range |
| APS | Arrival Pilot Station |
| ARAG | Amsterdam-Rotterdam-Antwerp-Gent Range |
| A/S | Alongside |
| ATDNSHINC | Any Time Day/Night Sundays and Holidays Included |
| ATUTC | Actual Time Used To Count |
| BAF | Bunker Adjustment Factor |
| BALLAST | Heavy weight, necessary for the stability of a ship not carrying cargo. |
| BBB | Before Breaking Bulk |
| BDI | Both Dates Inclusive |
| BENDS | Both Ends |
| BI | Both Inclusive |
| BIMCO | Baltic and International Council |
| BL | Bill of Lading |
| BM | Beam |
| BOB | Bunker on Board |
| BOFFER | Best Offer |
| BROB | Bunkers Remaining on Board |
| BSS | Basis |
| B S S 1/1 | Basis 1 port to 1 port |
| BT | Berth Terms |
| BWAD | Brackish Water Arrival Draft |
| CBM | Cubic Meter |
| CBFT | Cubic Feet |
| C&F | Cost and Freight |
| C&F FO | Cost & Freight Free Out |
| CHOPT | Charterers Option |
| CHTRS | Charterers |
| CIF | Cost, Insurance & Freight |
| CKD | Completely knocked down |
| COA | Contract of Affreightment |
| COACP | Contract of Affreightment Charter Party |
| COB | Closing of Business |
| COD | Cash on Delivery |
| COGSA | Carriage of Goods by Sea Act |
| CONS | Consumption |
| COP | Custom Of The Port |
| CP | Charter Party |
| CPD | Charterers Pay Dues |
| CPT | Carriage Paid To |
| CQD | Customary Quick Dispatch |
| CR | Current Rate |
| CROB | Cargo Remaining on Board |
| CRN | Crane |
| CST | Centistoke |
| CTR | Container Fitted |
| DAPS | Days All Purposes |
| DAMFORDET | Damages for Detention |
| DDU | Delivery Duty Unpaid |
| DDP | Delivery Duty Paid |
| DEM | Demurrage |
| DHDATSBE | Dispatch Half Demurrage on All Time Saved Both Ends |
| DHDWTSBE | Dispatch Half Demurrage on Working TIme Saved Both Ends |
| DISCH | Discharge |
| DK | Deck |
| DOP | Dropping Outward Pilot |
| DOT | Department of Transportation |
| DNRCAOSLONL | Discountless and Non-Returnable Cargo and/or Ship Lost or Not Lost |
| DRK | Derrick |
| DWAT | Deadweight |
| EC | East Coat |
| EIU | Even if used |
| ELVENT | Electric Ventilation |
| ETA | Estimated Time of Arrival |
| ETC | Estimated Time of Completion |
| ETD | Estimated Time of Departure |
| ETS | Estimated Time of Sailing |
| EXW | Ex Works |
| FAS | Free Alongside Ship |
| FCA | Free to Carrier |
| FDEDANRSAOCLONL | Freight Deemed Earned Discountless & Non-Re |
| FDESP | Free Dispatch |
| FDD | Freight Demurrage Deadfreight |
| FDIS | Free Discharge |
| FEU | Standard 40' Container |
| FHEX | Fridays, Holidays Excepted (Muslim Countries) |
| FHINC | Fridays, Holidays Included (Muslim Countries) |
| FILO | Free In/Liner Out |
| FIOS | Free In & Out & Stowed |
| FIOST | Free In & Out, Stowed & Trimmed |
| FIOT | Free In & Out & Trimmed |
| FIW | Free In Wagon |
| FMC | Federal Maritime Commission |
| FMS | Fathoms |
| FO | Fuel Oil |
| FOB | Free On Board |
| FOG | For Our Guidance |
| FOQ | Free On Quay |
| FOQ | Free On Truck |
| FOW | Free On Wharf |
| FWAD | Fresh Water Arrival Draft |
| FWDD | Fresh Water Departure Draft |
| FYG | For Your Guidance |
| FYI | For Your Information |
| GA | General Average |
| GLS | Gearless |
| GNCN | General Conditions |
| GN | Grain |
| GO | Gas Oil |
| GRD | Geared |
| GRT | Gross Restricted Tonnage |
| GSB | Guaranteed Safe Berth |
| GSP | Good Safe Port |
| GTEE | Guarantee |
| HA | Hatch |
| HDLTSBENDS | Half Dispatch Lay Time Saved Both Ends |
| HDWTS | Half Dispatch Working Time Saved |
| HMS | Heavy Metal Scraps |
| HO | Hold |
| HW | High Water |
| IMDG | International Maritime Dangerous Goods Code |
| IMO | International Maritime Organization |
| IND | Indication |
| IU | If Used |
| IUHTAUTC | If Used, Half Time Actually to Count |
| I WL | Institute Warranty Limits |
| LAT | Latitude |
| LOA | Length Overall of the Vessel |
| LW | Low Water |
| LYCN | Laycan (Layday Cancelling Date) |
| MB | Merchant Broker |
| MDO | Marine Diesel Oil |
| MOLCHOPT | More or Less Charterers Option |
| MOLOO | More or Less Owners Option |
| MT | Metric Ton |
| M/V | Motor Vessel |
| NAABSA | Not Always Afloat but Safely Aground |
| NCB | National Cargo Bureau |
| NOR | Notice of Readiness |
| NRT | Net Restricted Tonnage |
| NYPE | New York Produce Exchange |
| OO | Owners Option |
| OSH | Open Shelter Deck |
| OWS | Owners |
| PC | Period of Charter |
| PCGO | Part Cargo |
| PCT | Percent |
| PDPR | Per Day Pro-rated |
| PHPD | Per Hatch Per Day |
| PRATIQUE | License or permission to use a port |
| PWWD | Per Weather Working day |
| RCVR | Receivers |
| ROB | Remaining on Board |
| RT | Revenue Ton |
| SATPM | Saturday P.M. |
| SB | Safe Berth |
| SD | Single Decker |
| SELFD | Self Discharging |
| SF | Stowage Factor |
| SHEX | Sundays, Holidays Excepted |
| SHINC | Sundays, Holidays Included |
| SL | Bale (capacity) |
| SOC | Shipper Owned Container |
| SOF | Statement of Facts |
| SP | Safe Port |
| SRBL | Signing and Releasing Bill of Lading |
| SSHEX | Saturdays, Sundays, Holidays Excluded |
| SSHINC | Saturdays, Sundays, Holidays Included |
| STEM | Subject to Enough Merchandise |
| SUB | Subject (to) |
| SWAD | Salt Water Arrival Draft |
| SWDD | Salt Water Departure Draft |
| TC | Time Charter |
| TEU | Standard 20' Container |
| TTL | Total |
| TW | Tween Decker |
| USC | Unless Sooner Commenced |
| UU | Unless Used |
| UUIWCTAUTC | Unless Used In Which Case Time Actually Used To Count |
| VPD | Vessel Pays Dues |
| WIBON | Whether In Berth Or Not |
| WIFPON | Whether In Free Pratique Or Not |
| WCCON | Whether Customs Cleared Or Not |
| WIPON | Whether In Port Or Not |
| WLTOHC | Water Line-To-Hatch Coaming |
| WOG | Without Guarantee |
| WP | Weather Permitting |
| WWD | Weather Working Day |
| WRIC | Wire Rods In Coils |
| WWR | When, Where Ready |
| YAR | York Antwerp Rules |
| Z | UTC=GMT |