Circular 08/17 New Options curve for Supramax 10TC Average Contract
Due to a demand from the market we will begin publishing a TCE for route TD3C from Wednesday 8 February 2017, initially on a Trial basis.
Route parameters below.
TD3C NETT TCE VESSEL & ROUTE DESCRIPTIONS.
300,000 mt dwt, double hull. 160,000 grt.
13.0 knots on 70 mt laden / 12.5 knots on 53 mt ballast IFO (380CST)
2 days loading 20 mt per day
3 days discharging 110 mt per day
1 days waiting/anchor 10mt per day
Route: TD3C
270,000mt, Ras Tanura/Ningbo laydays/cancelling 15/30 days from index date. Maximum age 15 years. 3.75% total commission.
The calculation includes a weather margin of 5%, with bunkers based on prices for Singapore Intermediate Fuel Oil (IFO) 380 CST.
Any questions or comments should be directed to balticbroker@balticexchange.com