The Baltic Exchange

Baltic Exchange Bulk Report : Rates For C5 Fell By A Total Of $2.20

Credits: Alfvanbeem/Pixabay
Capesize

The week in the capesize market concluded with a continued trend of declining rates. In the Pacific region, despite the addition of a second major player later in the week, trading remained lacklustre. Rates for C5 fell by a total of $2.20 throughout the week, reflecting the prevailing bearish sentiment. The tonnage list expanded, adding further pressure to rates. Brokers had noticed an increase in coal cargo activity from Indonesia and the East Coast of...

https://mfame.guru/baltic-exchange-bulk-report-rates-for-c5-fell-by-a-total-of-2-20/

2021 record year for dry freight derivative volumes

2021 record year for dry freight derivative volumes

The freight derivatives market for dry cargo vessels saw increased traded volumes in 2021, according to data released by the Baltic Exchange.

Dry Forward Freight Agreement (FFA) volumes hit 2,524,271 lots, up 61% on 2020. Options trading in the dry market hit an all-time high of 409,255, up 25% on the previous year. The most heavily traded contract was settled against the Baltic Exchange’s panamax timecharter assessment (PTC) which saw 1,202,432...

https://allaboutshipping.co.uk/2022/01/11/2021-record-year-for-dry-freight-derivative-volumes/

Baltic Dry Freight & Commodities Forum

Baltic Dry Freight & Commodities Forum

When: Thursday 11 November, 13:00-17:00
Where:Hotel President Wilson, a Luxury Collection Hotel, Geneva

The FFA Brokers Association (FFABA) and Baltic Exchange are delighted to invite guests to join the first major in-person Dry Freight & Commodities Forum since 2019, taking place on the 11 November from 13:00 in Geneva.

After decade high rates for dry cargo markets, the Forum looks at the future, what’s driving the underlying and what lies ahead for dry bulk...

https://allaboutshipping.co.uk/2021/10/13/baltic-dry-freight-commodities-forum/

PWC completes Baltic Exchange benchmark assurance audit

PWC completes Baltic Exchange benchmark assurance audit

The Baltic Exchange

Independent auditor PricewaterhouseCoopers LLP (PwC) has undertaken the first annual audit to test the design and operating effectiveness of the Baltic Exchange’s controls for its market benchmark services. 

The 73-page report, voluntarily commissioned by Baltic Exchange Information Services Ltd (BEISL), audited the controls implemented by the Baltic Exchange in relation to the bulk freight market which are designed to be...

https://allaboutshipping.co.uk/2021/04/16/pwc-completes-baltic-exchange-benchmark-assurance-audit/

The Baltic Freight and Commodity Forum, Dry bulk: Speakers confirmed

The Baltic Freight and Commodity Forum, Dry bulk: Speakers confirmed

The Baltic Freight and Commodity Forum – Dry bulk
Singapore Maritime Week 2021
When: 20 April 2021, 16:00 – 17:30, Singapore / 09:00 – 10:30, London
Where: To watch live or receive a recording register here
Join the Baltic Exchange for our dry bulk freight and commodity forum on 20 April 2021 during Singapore Maritime Week. Get the latest updates on the Baltic, and hear from leading market experts on the...

https://allaboutshipping.co.uk/2021/04/12/the-baltic-freight-and-commodity-forum-dry-bulk-speakers-confirmed/

Demand for Capesize Vessels, Baltic Index Climbs Up

  • The Baltic Exchange’s main sea freight index,rose on Tuesday as stronger demand for capesize vessels offset a dip in panamax and supramax rates.
  • The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, was up 20 points, or about 1%, to 2,092.
  • The capesize index climbed 134 points, or 5.6%, to 2,528, its highest since Jan. 25.

A recent news published in Yahoo edited by Devika Syamnath says that higher capesize rates buoy Baltic index.

Capesize index

The capesize index...

https://mfame.guru/demand-for-capesize-vessels-baltic-index-climbs-up/

Baltic Exchange adds new LNG powered seaborne gas assessments

Baltic Exchange adds new LNG powered seaborne gas assessments

The Baltic Exchange

A new set of independent indices for the Liquified Natural Gas (LNG) seaborne trade went live this week (2 March), based on the carriers burning LNG, rather than marine fuel oil or marine gas oil, as their primary fuel. 

Published twice weekly, the new indices have been given the acronym (BLNGg) and will be published alongside the current LNG indices which are based on LNG carriers burning Very Low Sulphur Fuel Oil...

https://allaboutshipping.co.uk/2021/03/03/baltic-exchange-adds-new-lng-powered-seaborne-gas-assessments/

Baltic Exchange Expands its Escrow Service Offering to Support Chartering Deals

The Baltic Exchange building in the City of London

Baltic Exchange Expands its Escrow Service Offering to Support Chartering Deals 

The Baltic Exchange is expanding its escrow service with an offering to mitigate counter party risk during the chartering process. Amongst various uses, the service can support a chartering deal by facilitating and holding a security sum in a dedicated escrow account.

The security sum typically represents a portion of a charter hire amount, which is pre-agreed between...

https://www.allaboutshipping.co.uk/2020/10/09/baltic-exchange-expands-its-escrow-service-offering-to-support-chartering-deals/

Volatile Capes’ slight “rebound” but all other dry indices falling; the Wets balancing…

Volatile Capes’ slight “rebound” but all other dry indices falling; the Wets balancing…

The BDI was up 11 points earlier on today and now stands at 1,365… Messy Geopolitics might as numerous times have stressed turn Planet Ocean upside down! John Faraclas’ brief daily recap:

The Capes were the only size with a positive development and the BCI ended up 80 points at 2,565 – over and above the 2,500 points…

The Panamaxes BPI lost 37 points as well as the 1,200 point-threshold and now reads 1,170!!!

The...

http://www.allaboutshipping.co.uk/2019/11/14/volatile-capes-slight-rebound-but-all-other-dry-indices-falling-the-wets-balancing/

Launch: Baltic ICS Lecture Series 3

3rd annual Baltic ICS Lecture Series
Attended by 600+ shipping professionals globally starts next week in  Shanghai, Singapore, Athens, London and now also Hong Kong

Chartering, trading and operations staff are invited to join the 3rd annual lecture series supporting future generations of industry leaders and help nurture a wider understanding of issues around daily market participation.

Supported by the major broking houses and a wide-ranging cross section of principals in each location, the...

http://www.allaboutshipping.co.uk/2019/09/19/launch-baltic-ics-lecture-series-3/

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