DRY CARGO REPORT

3 July 2015

Exchange Rates Bunkers

US L.I.B.O.R. - 0.123 0.0% Rotterdam IFO Singapore IFO China IFO

470.00
BRENT CRUDE OIL 64.41 -0.5%
GBP / USD - 1.55040 0.9% 420.00

USD / JPY - 123.69 -0.4%

$/tonne
370.00

USD / NOK - 7.78231 0.2% 320.00

USD / EURO - 0.89280 0.7%

270.00
EURO / USD - 1.12 -0.7%
220.00
USD / KRW - 1110.86 -0.9%

01-Jul
02-Jul
01-Jun
02-Jun
03-Jun
04-Jun
06-Jun
07-Jun
08-Jun
11-Jun
12-Jun
13-Jun
16-Jun
17-Jun
18-Jun
21-Jun
22-Jun
23-Jun
25-Jun
26-Jun
27-Jun
28-Jun
30-Jun
05-Jun

09-Jun
10-Jun

14-Jun
15-Jun

19-Jun
20-Jun

24-Jun

29-Jun
08-May
09-May
10-May
11-May
12-May
13-May
14-May
15-May
16-May
17-May
18-May
19-May
20-May
21-May
22-May
23-May
24-May
25-May
26-May
27-May
28-May
29-May
30-May
31-May
GBP / EURO 1.38412 1.6%
USD / RMB - 6.09696 -1.8% BCI
FFA Capesize 45,000
2012 2013
40,000
2014 2015
Average of the T/C Routes 8116 + 35,000

July '15 8975 + 30,000

Aug '15 9700 + 25,000

Index

Q3'15 10250 + 20,000

Q4'15 14725 + 15,000

Cal 16 11975 + 10,000

5,000
FFA Panamax 0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average of the T/C Routes 7235 +
July '15 7700 + BPI
Aug '15 7425 + 2500
2012
Q3'15 7550 +
2013
Q4'15 8025 + 2000
2014
Cal 16 7100 +
1500 2015

FFA Supramax
Index

1000

Average of the T/C Routes 7490 +

500
July '15 8225 +
Aug '15 8175 +
0
Q3'15 8175 + Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Q4'15 8800 +
Cal 16 7750 + BSI
1800
2012 2013 2014 2015
FFA Handy 1600

1400
Average of the T/C Routes 5331 +
1200
July '15 5550 +
Index

Aug '15 5475 + 1000

Q3'15 5575 + 800

Q4'15 6300 +
600
Cal 16 6275 +
400
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Simpson Spence & Young Ltd Lloyds Chambers | 1 Portsoken Street | London | E1 8PH
Tel: +44 (0)20 7977 7404 (London)
Tel: +65 6854 7124 (Singapore) ASSOCIATE OFFICES | Bermuda | Hong Kong | Houston | Jakarta | London | Miami| Mumbai | New York | Oslo |
Email: handy@ssyatlantic.com Shanghai | Singapore | Sydney | Tokyo | Vancouver | Zug |
handy@ssypacific.com While every care has been taken to ensure that the information in this publication is accurate, SSY Consultancy & Research Ltd., can accept no responsibility for any
panamax@ssyatlantic.com errors or omissions or any consequences arising therefrom. Figures are based on the latest available information, which is subject to subsequent revision and correction.
panamax@ssypacific.com The views expressed are those of SSY Consultancy and Research Ltd., and do not necessarily reflect the views of any other associated company. Re-producing any
cape@ssycape.com material from this report without permission from SSY is strictly prohibited.
 DRY CARGO REPORT

3 July 2015

Panamax Routes 01-May 08-May 15-May 22-May 29-May 05-Jun 12-Jun 19-Jun 26-Jun 03-Jul
Murmansk-Rott 6.40 6.05 5.80 5.50 5.15 5.55 6.30 7.45 6.75 6.90

Hampton Roads-Rott 8.25 8.00 7.95 7.50 7.35 7.75 8.25 10.70 10.25 10.00
T/A RV
Bolivar-Rott 8.50 8.40 8.10 7.25 6.75 8.10 9.75 11.10 10.65 11.45

Mobile-Rott 10.75 10.65 10.30 9.40 8.80 10.00 10.60 12.00 11.50 12.40

Roberts Bank-Qingdao 9.30 9.10 9.70 9.55 9.00 9.25 9.75 9.85 9.55 9.90

Newcastle-Qingdao 8.10 8.40 8.95 8.80 8.45 8.55 9.00 9.35 8.80 9.00
Pac RV
Indo (Terminal)-Qingdao 4.70 4.90 5.20 5.15 5.00 5.00 5.30 5.65 5.35 5.35

Richards Bay-Qingdao 10.15 10.60 10.65 10.50 10.50 10.85 11.50 11.70 11.10 11.80

Bolivar-Qingdao 19.20 18.95 17.60 17.30 17.60 18.60 20.00 21.10 20.50 22.00

Fronthaul Hampton Roads-Qingdao 21.00 20.70 19.10 18.30 18.80 19.60 21.00 21.70 21.40 22.60

Miss River-Qingdao 22.25 21.90 20.55 20.25 20.60 21.40 22.85 23.95 23.35 25.40

Richards Bay-Rott 8.00 8.25 8.00 7.50 7.90 8.35 8.50 8.75 8.30 8.45

Indo (Terminal)-Rott 9.90 10.95 10.70 10.50 10.45 10.45 10.60 10.65 10.05 10.10

NSW-Rott 11.10 12.35 12.05 11.80 11.80 11.75 11.90 12.00 11.30 11.35
Backhaul
Roberts Bank-Rott 14.00 14.95 14.75 14.50 14.40 14.35 14.90 14.85 14.45 14.30

Rizhao-Rott 10.00 11.10 10.80 10.60 10.60 10.55 10.70 10.75 10.15 10.20

Queensland-Rott 12.00 13.30 13.00 12.70 12.75 12.70 13.25 13.00 11.80 12.25

Capesize Routes 01-May 08-May 15-May 22-May 29-May 05-Jun 12-Jun 19-Jun 26-Jun 03-Jul
T/A RV Bolivar-Rott 5.45 5.60 6.30 5.50 5.50 5.75 5.75 6.90 7.10 6.90
Roberts Bank-Qingdao 650.00 6.70 8.20 7.00 7.90 7.70 7.00 8.00 8.90 8.00
Newcastle-Zhoushan 7.00 7.30 7.60 7.50 7.60 7.50 7.45 7.90 8.10 7.50
Pac RV Gladstone-Qingdao 5.00 6.50 7.20 6.70 7.10 7.15 7.10 8.00 8.30 7.70
Taboneo-Krishnapt 4.15 4.25 5.00 4.50 4.80 4.85 4.80 5.00 5.00 4.80
Richards Bay-Fangcheng 6.20 7.00 7.90 7.60 7.40 7.20 6.75 8.50 8.70 7.95
Fronthaul Baltimore-Qingdao 18.50 18.75 18.80 18.60 18.50 18.60 18.20 18.50 18.70 18.40
Richards Bay-Rott 4.20 5.00 5.80 5.15 5.00 5.00 4.95 5.80 6.00 5.80
Backhaul
Haypoint-Rott 6.50 6.95 7.75 7.25 7.50 7.50 7.90 8.50 8.70 8.00

T/C Last Year T/C Last Week T/C

Supramax Routes + or - from last week
15/6/14 8/6/15 15/6/15
S1A CONT/FEAS 12200 9108 8992 -116
S1B BSEA/FEAS 10178 8250 7750 -500
S4A USG/CONT 9267 10293 12064 1771
Atlantic
S4B CONT/USG 4328 3508 3392 -116
S5 WAFR/FEAS 11658 7000 7170 170
S9 WAFR/CONT 6318 4150 4185 35
S2 FEAS R/V 7850 6408 6621 213
S3 FEAS/CONT 5958 5440 5620 180
S7 EC Ind - China N/A N/A N/A
Pacific
S8 IND/ECI 7256 6279 6466 187
S10 N - S China 5065 4425 4606 181
S11 M Ch / Aus r 7000 6007 6196 189

AVG all T/C 7949 6559 7085 526

Simpson Spence & Young Ltd Lloyds Chambers | 1 Portsoken Street | London | E1 8PH
Tel: +44 (0)20 7977 7404 (London)
Tel: +65 6854 7124 (Singapore) ASSOCIATE OFFICES | Bermuda | Hong Kong | Houston | Jakarta | London | Miami | Mumbai | New York | Oslo |
Email: handy@ssyatlantic.com Shanghai | Singapore | Sydney | Tokyo | Vancouver | Zug |
handy@ssypacific.com While every care has been taken to ensure that the information in this publication is accurate, SSY Consultancy & Research Ltd., can accept no responsibility for any
panamax@ssyatlantic.com errors or omissions or any consequences arising therefrom. Figures are based on the latest available information, which is subject to subsequent revision and correction.
panamax@ssypacific.com The views expressed are those of SSY Consultancy and Research Ltd., and do not necessarily reflect the views of any other associated company. Re-producing any
cape@ssycape.com material from this report without permission from SSY is strictly prohibited.