Re: Supramax reporting changes

Since 3 April 2017, the Baltic has been publishing a 6TC value for the Tess 52 which is derived from the BSI Tess 58 values. As part of the transition from the 6TC to the 10TC publication, it is the intention to change the method of the 6TC calculation on 3 July 2018 for both the physical assessment and the related forward curve.

It is proposed that the following calculation be used:

The average difference between the weighted 10TC and the 6TC derived index for period 3 July 2017 – 29 June 2018 (inclusive) will be calculated as = “x”

The 6TC will be published based on : weighted 10TC – x = 6TC

The 6TC forward curve will be based on : 10TC BFA – x = 6TC BFA

Any questions or comments should be directed to balticbroker@balticexchange.com