Capesize

N.B. From 2 Jan 2003 the Standard Baltic Capesize description will change to the following:
172,000 mt dwt, not over 10 years of age, 190,000 cbm grain, max loa 289m, max beam 45m, draft 17.75m,
14.5 knots laden/15.0 knots ballast on 56 mts fuel oil, no diesel at sea.

Shipping Routes Description ( Baltic Exchange ) From To Redely Distance Steam Days
C4 RB-Rotterdam 150,000 mt 10 per cent coal free in and out and trimmed, scale load/25,000 mt shinc discharge.
18 hours turn time at loading port and 12 hours at discharge port.
Laydays 25 days forward from date of index, cancelling 40 days forward from date of index.
Vessel's age max. 15 years. Freight based on metric tonnes. 3.75 per cent total commission.
Richards Bay Rotterdam Richards Bay 13990 43
C6 Newcastle-Rotterdam 120,000 mt 10 pct coal free in and out trimmed, 35,000 mt Sunday holidays included loading/25,000 mt Sundays holidays included discharge, 12 hours turn time at loading port and 12 hours turn time at discharge port.
Laydays 25 days forward from date of index, cancelling maximum 40 days forward from date of index. Vessel's age maximum 15 years. 3.75 pct total commission.
Newcastle Rotterdam Newcastle 25146 78
C7 Bolivar-Rotterdam 150,000 mt 10 pct coal free in and out trimmed, 50,000 mt Sundays holidays included loading/25,000 mt Sundays holidays included discharge, 12 hours turn time at loading port and 12 hours turn time at discharge port.
Laydays 20 days forward from date of index, cancelling maximum 35 days forward from date of index. Vessel's age maximum 15 years. 3.75 pct total commission.
Bolivar Rotterdam Bolivar 8688 27
C8 - C11 Average of 4 TC routes Based on a Baltic Capesize of the following specification: 161,000 mt dwt, not over 10 years of age, 176,000 cbm grain, max. loa 280m, max. beam 45m, 14 knots laden, 14.5 knots ballast on 52 mts fuel oil, no diesel at sea.