Family: BSRA
Index: TKR-BDESH-LRG, TKR-BDESH-MED, TKR-BDESH-SML, BC-BDESH-LRG, BC-BDESH-MED, BC-BDESH-SML,  
Category: Market Announcement

The Baltic is hereby notifying the market that due to local conditions and following consultation with Panellists and an internal analysis of the impact on Baltic Indices, the BIC has approved the suspension of the following Indices from 6th January 2023:
 

LBTSRA

$/LT

Large Tanker, Bangladesh

Large Tanker basis delivery Bangladesh, 30,001 long ton lightweight displacement and above. Gas free for man entry. Delivery 15/30 days, as is, under own power, cash price, basis standard commission.

MBTSRA

$/LT

Medium Tanker, Bangladesh

Medium Tanker basis delivery Bangladesh, 15,001 to 30,001 long ton lightweight displacement. Gas free for man entry. Delivery 15/30 days, as is, under own power, cash price, basis standard commission.

SBTSRA

$/LT

Small Tanker, Bangladesh

Small Tanker basis delivery Bangladesh, 7,000 to 15,001 long ton lightweight displacement. Gas free for man entry. Delivery 15/30 days, as is, under own power, cash price, basis standard commission.

LBDSRA

$/LT

Large Bulk Carrier, Bangladesh

Large Bulk Carrier basis delivery Bangladesh, 20,001 long ton lightweight displacement and above. Gas free for man entry. Delivery 15/30 days, as is, under own power, cash price, basis standard commission.

MBDSRA

$/LT

Medium Bulk Carrier, Bangladesh

Medium Bulk Carrier basis delivery Bangladesh, 9,001 to 20,001 long ton lightweight displacement. Gas free for man entry. Delivery 15/30 days, as is, under own power, cash price, basis standard commission.

SBDSRA

$/LT

Small Bulk Carrier, Bangladesh

Small Bulk Carrier basis delivery Bangladesh, 5,000 to 9,001 long ton lightweight displacement. Gas free for man entry. Delivery 15/30 days, as is, under own power, cash price, basis standard commission.

 
The Tanker Recycling Index (TSRA) and Dry Recycling Index (DSRA) will be an average of the assessments received for India and Pakistan.  The Baltic will continue to monitor the market and advise when the Bangladesh indices can be restarted.
 
Any comments or feedback, please direct your message to balticbroker@balticexchange.com


Circular ID: MA/Asset/202301/1/N