Circular 04/26: New Index - Baltic Indian Ocean Indices
Family: Dry
Indices: C18, P9, P10, S11, S12
Category: New Index
We are pleased to announce that the following Indian Ocean routes will commence public trial on 19th January 2026.
Short Code |
Unit |
Short Description |
Long Description |
C18 |
$/mt |
Capesize Gladstone to Dhamra |
Gladstone to Dhamra, 150,000mt 10% coal more or less in owners’ option, free in and out, trimmed. Scale load/ 40,000mt Sundays and holidays included discharge, 12hrs turn time at loading port, 24hrs turn time at discharge port. Laydays/ Cancelling 20 /30 days from index date. Age max 15 years. 5% total commissions. |
P9 |
$/mt |
Panamax Gladstone to Dhamra |
Gladstone to Dhamra, 80,000mt 10% coal more or less in owners’ option, free in and out, trimmed. Scale load/ 40,000mt Sundays and holidays included discharge, 12hrs turn time at loading port, 24hrs turn time at discharge port. Laydays/ Cancelling 20 /30 days from index date. Age max 15 years. 5% total commissions. |
P10 |
$/day |
Panamax South Africa to India |
Delivery Singapore, laydays 5/10 days from Index for 35-40 days trip via Richards Bay Coal Terminal redelivery India. 5% total commissions. |
S11 |
$/day |
Ultramax East Coast India to China |
Delivery East Coast India range, laydays 5/10 days from index for a trip 20-25 days via Singapore to China, CJK. 5% total commissions. |
S12 |
$/day |
Ultramax Arabian Gulf to India |
Delivery Passing Fujairah, laydays 3/8 days from index for 15-25 days trip redelivery India. 5% total commissions. |
Any comments or feedback, please direct your message to balticbroker@balticexchange.com.
NI/Dry/202601/4/N