Dry BCI Family
 
Baltic Exchange Capesize Index C10 Minor Change
 
Following consultation with Advisory Councils, Panellists and market participants BEISL recommended that the delivery be changed from China-Japan range to a named port, Qingdao and that the duration amended from 30-40 days to 35-45 days. The Baltic Index Council (BIC) has approved the recommendation which will be implemented on 1 January 2021.
 
Current

Delivery China-Japan range, laydays/cancelling 3/10 days from index date, redelivery China-Japan range, duration 30-40 days. Basis the Baltic Capesize 2014 vessel. 5% total commission.
 
1 January 2021

Delivery Qingdao, 3-10 days from Index date, for a 35/45 day trip, redelivery China-Japan range. Basis the Baltic Capesize 2014 vessel. 5% total commission.
In reaching its decision, the Baltic Index Council considered and took into account the feedback and information provided on the issues raised in the consultation process, in line with the Baltic’s Guide to Market Benchmarks.
 
 
Please direct any questions to balticbroker@balticexchange.com