The Baltic Dry Index (BD) is a composite of the dry bulk timecharter averages of the Capesize (40%), Panamax (30%) and Supramax (30%) indices.

 

C2 - Tubarao to Rotterdam
C3 - Tubarao to Qingdao
C5 - West Australia to Qingdao
C7 - Bolivar to Rotterdam
C8_14 - Gibraltar/Hamburg transatlantic round voyage
C9_14 - Continent/Mediterranean trip China-Japan
C10_14 - China-Japan transpacific round voyage
C14 - China-Brazil round voyage
C16 - Revised backhaul
C17 - Saldanha Bay to Qingdao

5TC Weighted Timecharter Average: Sum(C8_14*0.25, C9_14*0.125, C10_14*0.25, C14*0.25, C16*0.125)  

Baltic Capesize Index (BCI): Sum(C8_14*0.030145, C9_14*0.0150725, C10_14*0.030145, C14*0.030145, C16*0.0150725) 

Baltic Capesize vessel for Timecharter routes is a non scrubber fitted vessel based on the following description:

180,000mt dwt on 18.2m SSW draft
Max age 10 yrs
LOA 290m, beam 45m, TPC 121
198,000cbm grain
14 knots laden / 15 knots ballast on 62mt fuel oil (380cst), no diesel at sea
12 knots laden / 13 knots ballast on 43mt fuel oil (380cst), no diesel at sea

P1A_82 - Skaw-Gib transatlantic round voyage
P2A_82 - Skaw-Gib trip HK-S Korea incl Taiwan
P3A_82 - HK-S Korea incl Taiwan, one Pacific RV
P4_82 - HK-S Korea incl Taiwan trip to Skaw-Gib
P5_82 - South China, one Indonesian round voyage
P6_82 - Dely Singapore for one round voyage via Atlantic

5TC Weighted Timecharter Average: Sum(P1A_82*0.25, P2A_82*0.1, P3A_82*0.25, P4_82*0.10, P6_82*0.30) 

Baltic Panamax Index (BPI): Sum(P1A_82*0.027777775, P2A_82*0.01111111, P3A_82*0.027777775, P4_82*0.01111111, P6_82*0.03333333)  

Baltic Panamax vessel for Timecharter routes is a non-scrubber fitted vessel based on the following description:

82,500mt dwt on 14.43m SSW draft
Max age 12 yrs
LOA 229m, beam 32.25m, TPC 70.5
97,000 cbm grain
13.5 knots laden on 33mt fuel oil (380cs t) / 14 knots ballast on 31mt fuel oil (380cs t) + 0.1 MGO at sea
11.5 knots laden on 22mt fuel oil (380cs t) / 12.5 knots ballast on 23mt fuel oil (380cs t) + 0.1 MGO at sea

S1B_58 - Canakkale trip via Med or Bl Sea to China-South Korea
S1C_58 - US Gulf trip to China-south Japan
S2_58 - North China one Australian or Pacific round voyage
S3_58 - North China trip to West Africa
S4A_58 - US Gulf trip to Skaw-Passero
S4B_58 - Skaw-Passero trip to US Gulf
S5_58 - West Africa trip via east coast South America to north China
S8_58 - South China trip via Indonesia to east coast India
S9_58 - West Africa trip via east coast South America to Skaw-Passero
S10_58 - South China trip via Indonesia to south China

10TC Weighted Timecharter Average:  Sum(S1B_58*0.05, S1C_58*0.05, S2_58*0.20, S3_58*0.15, S4A_58*0.075, S4B_58*0.10, S5_58*0.05, S8_58*0.15, S9_58*0.075, S10_58*0.10)

Baltic Supramax Index (BSI): Sum(S1B_58*0.004545455, S1C_58*0.004545455, S2_58*0.018181818, S3_58*0.013636364, S4A_58*0.006818182, S4B_58*0.009090909, S5_58*0.004545455, S8_58*0.013636364, S9_58*0.006818182, S10_58*0.009090909) 

Baltic Supramax vesssel for Timecharter routes is based on a non-scrubber fitted standard “Tess58 ” type vessel of the following description:

58,328mt dwt on 12.80 m ssw
Max age 15 yrs
LOA 189.99m, beam 32.26m, TPC 57.5
72,360 cbm grain / 70,557 cbm bale
5 holds/hatches
4 x 30t Cr + 12 cbm grabs
14 knots laden on 33mt fuel oil (380cst) / 14 knots ballast on 32mt fuel oil (380cst), no diesel at sea
12 knots laden on 24mt fuel oil (380cst) / 12.5 knots ballast on 23mt fuel oil (380cst), no diesel at sea

HS1_38 - Skaw-Passero trip to Rio de Janeiro-Recalada
HS2_38 - Skaw-Passero trip to Boston-Galveston
HS3_38 - Rio de Janeiro-Recalada trip to Skaw-Passero
HS4_38 - US Gulf trip via US Gulf or north coast South America to Skaw-Passero
HS5_38 - South East Asia trip to Singapore-Japan
HS6_38 - North China-South Korea-Japan trip to North China-South Korea-Japan
HS7_38 - North China-South Korea-Japan trip to south east Asia

7TC Weighted Time Charter Average:  Sum(HS1_38*0.125, HS2_38*0.125, HS3_38*0.125, HS4_38*0.125, HS5_38*0.20, HS6_38*0.20, HS7_38*0.20) 

Baltic Handysize Index (BHSI): Sum(HS1_38*0.006944444, HS2_38*0.006944444, HS3_38*0.006944444, HS4_38*0.006944444, HS5_38*0.011111111, HS6_38*0.011111111, HS7_38*0.005555556) 

Baltic Handysize 38 vessel for Timecharter routes is a non-scrubber fitted vessel based on the following description:

Singledeck self trimming geared bulk carrier
38,200mt dwt on 10.538m SSW
Max Age 15 Years
LOA 180m / Beam 29.8m / TPC 49
47,125 cbm grain / 45,300 cbm bale
5 holds / 5 hatches
4 x 30 ton cranes
Speed & consumptions including main engine & auxibrary engines:
14 knots on 26mt IFO (380 CST) laden/24mt IFO (380 CST) ballast + 0.1 MDO at sea
12 knots on 18mt IFO (380 CST) laden/17mt IFO (380 CST) ballast + 0.1 MDO at sea

TC1 - Middle East Gulf to Japan (CPP, UNL, naphtha condensate)
TC2_37 - Continent to US Atlantic coast (CPP, UNL)
TC5 - Middle East Gulf to Japan (CPP, UNL, naphtha condensate)
TC6 - Algeria to European Mediterranean (CPP, UNL)
TC7 - Singapore to east coast Australia (CPP)
TC8 - Middle East Gulf to UK-Cont. (CPP, UNL)
TC9 - Baltic to UK-Cont. (CPP, UNL, ULSD)
TC10 - South Korea to NoPac west coast (CPP/UNL)
TC11 - South Korea to Singapore (CPP)
TC12 - Sikka (WCI) to Japan (naphtha)
TC14 - US Gulf to Continent (CPP, UNL, diesel)
TC15 - Med / Far East (naphtha)
TC16 - Amsterdam to offshore Lome (CPP)
TC17 - Middle East Gulf to East Africa
TC18 - US Gulf to Brazil

MR Atlantic Basket (uses: TC2 TCE & TC14 TCE)
MR Pacific Basket (uses: TC11 TCE & TC12 TCE)

Baltic Clean Tanker Index (BCTI): Average (TC1, TC2_37, TC5, TC6, TC9, TC16)*4.54072288  

 

TD1 - Middle East Gulf to US Gulf
TD2 - Middle East Gulf to Singapore
TD3C - Middle East Gulf to China
TD6 - Black Sea to Mediterranean
TD7 - North Sea to Continent
TD8 - Kuwait to Singapore (Crude/DPP heat 135F)
TD9 - Caribbean to US Gulf
TD12 - Amsterdam-Rotterdam-Antwerp to US Gulf
TD14 - South East Asia to east coast Australia
TD15 - West Africa to China
TD17 - Baltic to UK-Cont
TD18 - Baltic to UK-Cont
TD19 - Cross Mediterranean
TD20 - West Africa to UK-Continent
TD21 - Caribbean to US Gulf (50,000mt fuel oil)
TD22 - US Gulf to China (assessed in US $/lumpsum)
TD23 - Middle East Gulf to Mediterranean (Light Crude)
TD24 - Pacific Russia to China
TD25 - US Gulf to A-R-A

VLCC TCE (uses: TD1 & TD3C)
Suezmax TCE (uses: TD6 & TD20)
Aframax TCE (uses: TD7, TD8, TD9, TD14,TD17 & TD19)

Baltic Dirty Tanker Index (BDTI): RoundedSum(TD1*0.07692, TD2*0.07692, TD3C*0.07692, TD6*0.07692, TD7*0.07692, TD8*0.07692, TD9*0.07692, TD14*0.07692, TD15*0.07692, TD17*0.07693, TD18*0.07693, TD19*0.07693, TD20*0.07693)*8.596354178  

BLNG1 - Gladstone / Tokyo RV
BLNG2 - Sabine / UK Cont RV
BLNG3 - Sabine / Tokyo RV

BLPG1 - Middle East Gulf to Japan
BLPG2 - US Gulf to Continent
BLPG3 - US Gulf to Japan 

Baltic LPG Index (BLPG): Average (BLPG1-TCE)*0.1

FBX00 - Global Container Index
FBX01 - China/East Asia to North America 
FBX02 - North America West Coast to China/East Asia
FBX03 - China/East Asia to North America East Coast
FBX04 - North America East Coast to China/East Asia
FBX11 - China/East Asia to North Europe
FBX12 - North Europe to China/East Asia
FBX13 - China/East Asia to Mediterranean
FBX14 - Mediterranean to China/East Asia
FBX21 - North America East Coast to Europe
FBX22 - Europe to North America East Coast
FBX24 - Europe to South America East Coast
FBX26 - Europe to South America West Coast

BAI Index - BAI Headline Index

BAI-FRA00 - Frankfurt Outbound Index

BAI-HKG00 - Hong Kong Outbound Index

BAI-LHR00 - London Heathrow Outbound Index

BAI-ORD00 - O'Hare Int'l, Chicago Outbound Index

BAI-PVG00 - Shanghai Pudong Outbound Index

BAI-SIN00 - Singapore Outbound Index

BAI-FRA02 - Frankfurt to North America

BAI-FRA03 - Frankfurt to South East Asia

BAI-FRA04 - Frankfurt to USA

BAI-FRA05 - Frankfurt to China

BAI-HKG01 - Hong Kong to Europe

BAI-HKG02 - Hong Kong to North America

BAI-HKG03 - Hong Kong to South East Asia

BAI-HKG04 - Hong Kong to USA

BAI-LHR02 - London Heathrow to North America

BAI-LHR03 - London Heathrow to South East Asia

BAI-LHR04 - London Heathrow to USA

BAI-ORD01 - O'Hare Int'l, Chicago to Europe

BAI-ORD03 - O'Hare Int'l, Chicago to South East Asia

BAI-PVG01 - Shanghai Pudong to Europe

BAI-PVG02 - Shanghai Pudong to North America

BAI-PVG04 - Shanghai Pudong to USA

BAI-SIN03 - Singapore to South East Asia

A quarterly index tracking the daily vessel operating costs for Capesize, Panamax, Supramax and Handysize vessels.

DOPEX is calculated using crewing, technical and insurance costs.

A five year old dry dock cost, amortised over five years, is published separately.

A quarterly index tracking the daily vessel operating costs for Aframax and MR product carriers.

TOPEX is calculated using crewing, technical and insurance costs.

A five year old dry dock cost, amortised over five years, is published separately.

A quarterly index tracking the daily vessel operating costs for LPG and LNG carriers.

GOPEX is calculated using crewing, technical and insurance costs.

A five year old dry dock cost, amortised over five years, is published separately.

Weekly assessments of the price of a five year old vessel for the following types:

Capesize (180,000 dwt)
Panamax (82,500 dwt)
Superhandy (Tess 58 type)
Handysize (38,200 dwt)
VLCC (305,000 dwt)
Suezmax (158,000 dwt)
Aframax (115,000 dwt)
MR Product Tanker (51,000 dwt)

Weekly assessments in US $/Lightweight for Large, medium and small bulk carriers and tankers
Delivery in Bangaldesh, India & Pakistan