As a result of feedback and consultation, the Baltic Index Council has approved the following specification change.

The maximum vessel age will be changed from 18 years to 15 years on 1 January 2021. The full route description will now be:
 
West Australia to Qingdao. 160,000mt or 170,000mt iron ore, 10% more or less in Owner's option, free in and out. Laydays/cancelling 10/20 days from index date. Scale load/30, 000mt Sundays + holidays included discharge. 6 hrs turn time at loading port, 24 hrs turn time at discharge port. Age max 15 years. 5% total commission
 
 
Any feedback or comments are welcome via balticbroker@balticexchange.com