The SE Asian Supramax/Ultramax market remains supported with limited tonnage supply and slightly improved trading activity. Ultramax vessels open Singapore are offering $10k daily bss dely Singapore via SEAsia redel China. The deal for a Supramax carrier bss dely China via SEAsia redel China is negotiated at $7-8k daily. A 55k dwt ship has been fixed at $5.75k daily bss dely S.China via Indonesia redel SEAsia. Deals for shipments on Indo/China routes by small Supramax fleet open in S.China are discussed at $5-6k daily. Contracts for Ultramax vessels bss dely Indonesia redel SEAsia are negotiated at $8.5-9.5k daily. Deals for Ultramax carriers bss dely China via Australia redel SEAsia are discussed at $7-8k daily. Owners of a nice eco-Ultramax ship have managed to get $8.75k daily bss dely CJK via Australia redel China. The contract for an Ultramax vessel bss dely SEAsia via Australia redel CJK is discussed at $7-8k daily.
On the voyage basis, shipment of a Supramax-lot of coal from Indonesia to WCI with spot laycans may cost $7-7.5/t. Transportation of 55,000 t of coal from Indonesia to ECI may cost $6.5-7/t. Carrying 50,000 t of coal from East Kalimantan to Guangzhou is estimated at $5.5-6/t. The deal for transportation of 50,000 t of coal from Indonesia to WCI with mid-June laycans has been signed at $7.5/t. A similar deal with late June laycans has been signed at $7.1/t. The contract for shipment of 50,000 t of coal from Indonesia to Vietnam with prompt laycans is discussed at $6-6.5/t. The deal for transportation of 50,000 t of coal from East Kalimantan to Cam Pha has been signed at $6/t. The contract for shipment of 55,000 t of coal from Australia to Cam Pha with June laycans has been signed at $9.5/t.
The Handysize segment continues to show modest cargo traffic and lack of impetus to push rates up. A 33k dwt vessel has been fixed at $6.75k daily bss APS dely Malaysia redel China. A Handy carrier has been chartered at $5.25k daily bss dely SEAsia via Thailand redel China. The deal for a large Handysize ship bss dely S.China via Australia redel CJK has been signed at $6k daily. The deal for transportation of a Handysize-lot of alumina from the east coast of Australia to China is negotiated at $15-16/t, that from the west coast of Australia to China at $14-15/t.