COASTERS AND MINIBULKERS // WEEK 41 The small-tonnage shipping market remains excited in almost all regions. The most acute shortage of open ships is seen in the Black and Mediterranean Seas. Charterers face huge problems finding vessels for longhaul shipments, particularly to the Continent, as owners want to get sky-high rates discussing long duration deals, fearing to miss another round of rate growth. Skyrocketing prices for fertilizers, coal and some minerals add confidence to owners. Rates are supported also by a further upturn in bunker prices (another $20-30/t up this week). As a result, shorthaul transportation costs have risen by $0.5-1.5/t in both basins, midhaul rates by $1.5-3/t, longhaul ones by about $10/t. Estimated TCEs for sea-going vessels of about 5k dwt have already exceeded $9k daily bss RV, while owners of 11-12k dwt fleet already earn $14-14.5k daily on average (sometimes RVs with 2 laden legs can even bring $18-20k daily). Following a three-week decline, sea-river rates have also started to grow in the Azov Sea. Despite still weak exports of wheat from Russian shallow ports, weather conditions made adjustments. Thus, draft normalization allowed many loaded vessels to leave the Azov Sea on time, thereby creating a positional shortage of ships for mid-Oct. As a result, freight rates have pushed off from the bottom ($2-4/t up over the week). Coaster owners continue to strengthen positions in North Europe. Given brisk cargo traffic, rates on most routes have added another €1-3/t this week. Similar to South Europe, rates for shipments of 3-4,000 t stems and 6-8,000 t cargo lots are now increasingly voiced at same levels. *** There are so far no preconditions for a slowdown on the freight market. Demand for fertilizers, minerals and construction cargoes remains healthy in MENA countries and Europe, while shipments of Ukrainian and European corn keep gaining pace. Only the demand for Russian coils has weakened (primarily in Turkey), but this fact will hardly allow charterers to lower freights. At their best, they will manage to stabilize rates. The situation is not so simple on the Azov sea-river market given still weak demand for Russian wheat in Turkey, while steadily growing duties restrain exporters’ activity. Therefore, the current rate growth may turn out to be very short-term. However, we can hardly expect a noticeable rate downturn as sea-river owners have an excellent option of working from seaports. Spot/ppt freight assessments on main trade routes ex BlSea ports Cargo Lot Loading port Country Discharging port Country Given load rate Given disch rate Rate, $/tonne w-ow steel coils / plates 10-12,000t Novorossiysk Russia Sousse / Sfax Tunisia 2500x 1750x 54.5 +2 steel coils / plates 10-12,000t Novorossiysk Russia Haifa Israel cqd cqd 85 bss FILO = steel coils / plates 5-6,000t Novorossiysk Russia Ravenna / Marghera Italy 1500x 2000x 56.5 +2.5 steel coils / plates 5-6,000t Odessa Ukraine Ravenna / Marghera Italy 1500x 2000x 55.5 +2.5 steel coils / plates 5-6,000t Nikolayev Ukraine East Coast Greece 2000c 1500x 45.5 +1 steel coils / plates 5-6,000t Olvia Ukraine Alexandria Egypt 2000c 1500x 52.5 +1.5 steel profiles 3-4,000t Eregli Turkey Alexandria Egypt 1750x 1750x 49 +1.5 steel profiles 7-8,000t Bartin Turkey Casablanca Morocco 2000c 2000x 64.5 +3.5 square billets 10-12,000t Novorossiysk Russia Damietta Egypt 3000x 2500x 48 +1.5 square billets 10-12,000t Nikolayev Ukraine Damietta Egypt 3000c 2500x 50.5 +1.5 square billets 10-12,000t Nikolayev Ukraine Annaba / Skikda Algeria 3000c 1250x 64 +4 square billets 10-12,000t Odessa Ukraine Aqaba Jordan 3000c 2000x 78 +6 square billets 7-8,000t Nikolayev Ukraine Bartin Turkey 2000c 1500x 33 +0.5 square billets 7-8,000t Novorossiysk Russia Rhades / Bizerte Tunisia 2000x 1500x 55 +3 square billets 7-8,000t Novorossiysk Russia Zonguldak Turkey 2000x 1500x 32.5 +1 square billets 5-6,000t Nikolayev Ukraine Annaba / Skikda Algeria 2000c 1000x 66.5 +4.5 square billets 5-6,000t Novorossiysk Russia Rhades / Bizerte Tunisia 1500x 1250x 56 +3.5 square billets 5-6,000t Odessa Ukraine Rhades / Bizerte Tunisia 2000c 1250x 55.5 +3.5 square billets 5-6,000t Novorossiysk Russia Marmara Sea ports Turkey 2000x 1500x 35.5 +1 square billets 5-6,000t Novorossiysk Russia Black Sea ports Turkey 2000x 1500x 32 +0.5 square billets 5-6,000t Olvia Ukraine Izmir Turkey 2000c 1500x 41 +1 square billets 5-6,000t Olvia Ukraine Marmara Sea ports Turkey 2000c 1500x 38 +1 square billets 5-6,000t Constanta Romania Nemrut Bay Turkey 2000c 1500x 34 +1 wire rod in coils (sf 5254`) 4,7-5,5,000t Olvia Ukraine Marmara Sea ports Turkey 2000c 1500x 40 +1 wire rod in coils (sf 5254`) 4,7-5,5,000t Novorossiysk Russia Sevilla Spain 1750x 1500x 74 +4 wire rod in coils (sf 5254`) 3,5-4,000t Novorossiysk Russia Braila Romania 1500x 1250x 46 +1 aluminium 5-6,000t Novorossiysk Russia Marmara Sea ports Turkey 1500c 1250x 36.5 +1 aluminium 5-6,000t Novorossiysk Russia East Coast Greece 1500c 1250x 45 +1 aluminium 3,500t Novorossiysk Russia Marmara Sea ports Turkey 1250c 1250x 35.5 +1.5 pig iron 10,000t Chornomorsk Ukraine Marghera pig iron 3,000t Chornomorsk Ukraine ferroalloys 3,000t Chornomorsk ferroalloys 3,000t ferroalloys Italy 4000c 4000x 44.5 +1.5 Marmara Sea ports Turkey 2500c 2000x 29.5 +1 Ukraine Adriatic Sea ports Italy 1000x 1250x 58.5 +3 Chornomorsk Ukraine Nemrut Bay Turkey 1000x 1000x 38 +2 3,000t Chornomorsk Ukraine Marmara Sea ports Turkey 1000x 1000x 35 +1.5 ferroalloys 3,000t Chornomorsk Ukraine Black Sea ports Turkey 1000x 1000x 34 +1 scrap (sf 70`) 2,2-2,300t Constanta Romania Nemrut Bay Turkey 750x 750x 44.5 +2.5 scrap (sf 85`) 2,000t Varna Bulgaria Nemrut Bay Turkey 750x 750x 51 +3 coal (sf 46-48') 10-12,000t Novorossiysk Russia Iskenderun Turkey 5000c 4000x 36.75 +1 coal (sf 46-48') 10-12,000t Novorossiysk Ukraine Beirut Lebanon 5000c 2000x 37 +1 coal (sf 46-48') 10-12,000t Novorossiysk Ukraine Thessaloniki Greece 5000c 3000x 32.5 +0.5 coal (sf 46-48') 7-8,000t Tuapse Russia Nemrut Bay Turkey 4000c 3000x 31 +1.5 coal (sf 46-48') 7-8,000t Tuapse Russia Marmara Sea ports Turkey 4000c 2500x 28.5 +1 coal (sf 46-48') 5-6,000t Tuapse Russia Black Sea ports Turkey 3000c 2500x 26.5 +0.5 coal (sf 46-48') 3,000t Izmail Ukraine Varna Bulgaria 3000c 2500x 26.5 +0.5 urea (sf 50') 6-7,000t Yuzhny Ukraine Ravenna Italy 4000c 3500x 49 +1.5 urea (sf 50') 6-7,000t Yuzhny Ukraine Marmara Sea ports Turkey 4000c 3000x 28.5 +1 urea (sf 50') 6-7,000t Tuapse Russia Constanta Romania 4000c 3000x 27.5 +1 urea (sf 50') 6-7,000t Tuapse Russia Iskenderun Turkey 4000c 3000x 43 +1 urea (sf 50') 3,000t Yuzhny Ukraine Marmara Sea ports Turkey 2500c 2000x 33.5 +0.5 sulphur 10-12,000t Nikolayev Ukraine Sfax Tunisia 3500c 2000x 51.5 +2 sulphur 10-12,000t Nikolayev Ukraine Agadir Morocco 3500c 3500x 64 +3 sulphur 5-6,000t Port Kavkaz Russia Marmara Sea ports Turkey 3000c 2500x 34 +1 sulphur 10-12,000t Port Kavkaz Russia Abu Qir Egypt 4000c 2500x 48.5 +1 sulphur 10-12,000t Port Kavkaz Russia Agadir Morocco 4000c 2500x 62.5 +3 sulphur 3-4,000t Constanta Romania Abu Qir Egypt 2000c 2000x 50.5 +1.5 fertilizers 6-7,000t Nikolayev Ukraine Marmara Sea ports Turkey 4000c 3000x 30.5 +1 fertilizers 5-6,000t Port Kavkaz Russia Bari Italy 3500c 2500x 47 +1.5 fertilizers 5-6,000t Novorossiysk Russia Ashdod Israel 3000c 2500x 46.5 +1.5 fertilizers 3,000t Novorossiysk Russia Ashdod Israel 2000c 2000x 49 +2 AN in big-bags 3,000t Varna Bulgaria Kherson Ukraine 1250c 1250x 34 +1 AN in big-bags 5-6,000t Varna Bulgaria Kherson Ukraine 1500c 1500x 35 +0.5 salt 4,000t Eregli Turkey Constanta Romania 2500c 2000c 22 +1 barley (sf 53-55') 9-11,000 Pivdennyi Ukraine Ashdod Israel 2000x 53.5 +1.5 2500x barley (sf 53-55') 7-8,000t Odessa / Chornomorsk Ukraine 1 port Libya 2500x 1500x 56.5 +2 barley (sf 53-55') 4,5-5,000t Reni Ukraine Misurata Libya 2000x 1250x 59 +2 barley (sf 53-55') 4,5-5,000t Odessa / Chornomorsk Ukraine Marmara Sea ports Turkey 2000x 1500x 38.5 +1 barley (sf 53-55') 4,5-5,000t Nikolayev / Kherson Ukraine Beirut Lebanon 2000x 1250x 54 +1 wheat (sf 46-47') 10-12,000t Constanta Romania 1 port Libya 3000x 1500x 50 +1.5 wheat (sf 46-47') 10-12,000t Nikolayev / Kherson Alexandria Alexandria Egypt 3000x 2250x 49.5 +1 wheat (sf 46-47') 5-6,000t Novorossiysk Russia Mersin Turkey 1500x 1500x 47.5 +1 wheat (sf 46-47') 5-6,000t Novorossiysk Russia Adriatic Sea ports Italy 1500x 2000x 51 +2 wheat (sf 46-47') 5-6,000t Odessa / Chornomorsk Ukraine Adriatic Sea ports Italy 2000x 2000x 51 +2 wheat (sf 46-47') 5-6,000t Odessa / Chornomorsk Ukraine Tunis Tunisia 2000x 1500x 52 +2 wheat (sf 46-47') 5-6,000t Odessa / Chornomorsk Ukraine Alexandria Egypt 2000x 1750x 48.5 +1.5 wheat (sf 46-47') 5-6,000t Odessa / Chornomorsk Ukraine Ashdod Israel 2000x 1750x 49.5 +1.5 wheat (sf 46-47') 5-6,000t Odessa / Chornomorsk Ukraine Marmara Sea ports Turkey 2000x 1750x 35 +1 wheat (sf 46-47') 5-6,000t Odessa / Chornomorsk Ukraine Black Sea ports Turkey 2000x 1750x 34.5 +1 wheat (sf 46-47') 5-6,000t Constanta Romania Adriatic Sea ports Italy 2000x 2000x 49 +2 wheat (sf 46-47') 5-6,000t Burgas Bulgaria Adriatic Sea ports Italy 2000x 2000x 49 +2 wheat (sf 46-47') 3,000t Nikolayev / Kherson Ukraine Tunis Tunisia 1250x 1000x 59 +2.5 wheat (sf 46-47') 3,000t Nikolayev / Kherson Ukraine Poti Georgia 1250x 1250x 40 +1.5 wheat (sf 46-47') 3,000t Nikolayev / Kherson Ukraine Marmara Sea ports Turkey 1250x 1250x 38 +1.5 wheat (sf 46-47') 3,000t Varna Bulgaria Marmara Sea ports Turkey 1250x 1250x 26 +1.5 wheat (sf 46-47') 3,000t Nikolayev / Kherson Ukraine Ashdod Israel 1250x 1250x 57 +2 wheat (sf 46-47') 3,000t Giurgiuleşti Moldova Alexandria Egypt 1250x 1250x 56 +2 wheat (sf 46-47') 3,000t Constanta Romania Poti Georgia 1250x 1250x 33 +1.5 corn (sf 49-50') 10-12,000t Yuzhny Ukraine Alexandria Egypt 3500x 2000x 47.5 +1 corn (sf 49-50') 7-8,000t Chornomorsk Ukraine Alexandria Egypt 2500x 1750x 48 +1.5 corn (sf 49-50') 7-8,000t Constanta Romania Alexandria Egypt 2500x 1750x 45.5 +1.5 corn (sf 49-50') 5-6,000t Braila Romania Larnaca Cyprus 1750x 1500x 49.5 +1 corn (sf 49-50') 5-6,000t Braila Romania Adriatic Sea ports Italy 1750x 2000x 53.5 +2 corn (sf 49-50') 5-6,000t Nikolayev Ukraine Alexandria Egypt 2000x 1500x 51.5 +1.5 corn (sf 49-50') 5-6,000t Constanta Romania Mersin Turkey 2000x 1500x 45 +1 corn (sf 49-50') 5-6,000t Reni Ukraine Ravenna Italy 1500x 1750x 56.5 +2.5 corn (sf 49-50') 3,000t Nikolayev / Kherson Ukraine Larnaca Cyprus 1250x 1250x 55 +2 corn (sf 49-50') 3,000t Nikolayev / Kherson Ukraine Adriatic Sea ports Italy 1250x 1500x 57.5 +2.5 corn (sf 49-50') 3,000t Nikolayev / Kherson Ukraine Ashdod Israel 1250x 1250x 58 +2 corn (sf 49-50') 3,000t Nikolayev / Kherson Ukraine Marmara Sea ports Turkey 1250x 1250x 38.5 +1.5 corn (sf 49-50') 3,000t Nikolayev / Kherson Ukraine Black Sea ports Turkey 1250x 1250x 38 +1.5 corn (sf 49-50') 3,000t Varna Bulgaria Marmara Sea ports Turkey 1250x 1250x 26.5 +1.5 soybean (sf 50`) 10-12,000t Odessa / Chornomorsk Ukraine Marmara Sea ports Turkey 4000x 2500x 34.5 +0.5 soybean (sf 50`) 10-12,000t Odessa / Chornomorsk Ukraine Iskenderun Turkey 4000x 2500x 46.5 +1 soybean (sf 50`) 5-6,000t Odessa / Chornomorsk Ukraine Marmara Sea ports Turkey 2000x 1500x 35 +1 soybean (sf 50`) 5-6,000t Odessa / Chornomorsk Ukraine Iskenderun Turkey 2000x 1500x 46.5 +1 soybean (sf 50`) 5-6,000t Odessa / Chornomorsk Ukraine East Coast Spain 2000x 2000x 63.5 +2.5 sunflower seeds (sf 8590`) 3,000t Odessa Ukraine Marmara Sea ports Turkey 1000x 1000x 56.5 +1 meals (sf 55-56') 7,000t Nikolayev / Kherson Ukraine Ghent Belgium 2000x 2500x 97.5 +8.5 meals (sf 55-56') 5-6,000t Nikolayev / Kherson Ukraine East Coast Spain 2500x 2000x 72 +3 bran (sf 54-55') 2,700t Kherson Ukraine Marmara Sea ports Turkey 1000x 1000x 39.5 +1.5 bran (sf 54-55') 2,700t Kherson Ukraine Izmir Turkey 1000x 1000x 42.5 +1.5 saw log 3,54,000m3 Belgorod-Dniester Ukraine Poti Georgia 1000x 1000x 29 +1 saw log 3,54,000m3 Kherson Ukraine Marmara Sea ports Turkey 1000x 1000x 29 +1 saw log 3,54,000m3 Belgorod-Dniester Ukraine Marmara Sea ports Turkey 1000x 1000x 27.5 +1 cement in big-bags 5-6,000t Unye Turkey Batumi Georgia 1500x 1500x 21.5 +0.5 cement / minerals in bigbags 3,000t Bartin/Eregli Turkey Azov Sea ports Russia 1000x 1000x 23 +0.5 cement / minerals in bigbags 2-3,000t Bartin/Eregli Turkey Kherson Ukraine 1500x 1250x 22.5 +0.5 cement / minerals in bigbags 2-3,000t Bartin/Eregli Turkey Chornomorsk Ukraine 1500x 1250x 21.5 +0.5 clinker 7-8,000t Bartin/Eregli Turkey Kherson Ukraine 3500x 3500x 22 +0.5 Terms FIOS 1/1 * - per m3; Spot/ppt freight assessments on main trade routes ex Azov Sea deepwater ports Cargo Lot flat steel products Loading port Country Discharging port Country Given load rate Given disch rate Rate, $/tonne w-o-w 10-12,000t Mariupol Ukraine Ravenna / Marghera Italy 3000c 3000x 56.5 +2 flat steel products 10-12,000t Mariupol Ukraine Varna Bulgaria 3000c 2500x 40 +1 flat steel products 5-6,000t Mariupol Ukraine Tunis Tunisia 2000c 1250x 61.5 +4.5 flat steel products 5-6,000t Mariupol Ukraine Thessaloniki Greece 2000c 1750x 49.5 +1.5 flat steel products 3,000t Mariupol Ukraine Iskenderun Turkey 1500c 1500x 57 +2 square billets 10-12,000t Mariupol Ukraine Alexandria Egypt 3500c 2500x 53.5 +1.5 square billets 10-12,000t Mariupol Ukraine Iskenderun Turkey 3500c 3000x 52.5 +1 square billets 10-12,000t Mariupol Ukraine Annaba Algeria 3500c 1250x 68 +2 square billets 10-12,000t Mariupol Ukraine Marmara Sea ports Turkey 3500c 3000x 41 +1 square billets 5-6,000t Mariupol Ukraine Iskenderun Turkey 2000c 1750x 54.5 +1.5 square billets 5-6,000t Mariupol Ukraine Marmara Sea ports Turkey 2000c 1500x 42 +1 slabs 7-8,000t Mariupol Ukraine Izmir Turkey 3500c 2000x 44 +1.5 slabs 7-8,000t Mariupol Ukraine Diliskelesi Turkey 3500c 2000x 41 +1.5 slabs 5-6,000t Mariupol Ukraine Taranto Italy 2000c 2250x 56.5 +2 slabs 3,000t Mariupol Ukraine Taranto Italy 1750c 1750x 58 +2.5 hot rolled coils 5-6,000t Mariupol Ukraine Koper Slovenia 2000c 2000x 61.5 +3.5 hot rolled coils 7-8,000t Mariupol Ukraine Bilbao Spain 2000c 1500x 85 +10 hot rolled coils 7-8,000t Mariupol Ukraine East Coast UK 2000c 1500x 99 +11 pig iron 10-12,000t Mariupol Ukraine Marghera Italy 5000c 4000x 49 +1.5 pig iron 5-6,000t Mariupol Ukraine Marmara Sea ports Turkey 4000c 2500x 37.5 +1 pig iron 3,000t Mariupol Ukraine Black Sea ports Turkey 2000c 1500x 34.5 +1.5 wheat (sf 46-47`) 10-12,000t Berdyansk / Mariupol Ukraine Beirut Lebanon 3000x 2000x 53 +1 wheat (sf 46-47`) 10-12,000t Berdyansk / Mariupol Ukraine Alexandria Egypt 3000x 2000x 54 +1 wheat (sf 46-47`) 10-12,000t Berdyansk / Mariupol Ukraine Mersin Turkey 3000x 2500x 52.5 +1 wheat (sf 46-47`) 10-12,000t Berdyansk / Mariupol Ukraine Barcelona Spain 3000x 3000x 65.5 +1.5 barley (sf 53-54`) 10-12,000t Berdyansk / Mariupol Ukraine Ashdod Israel 3000x 2500x 58.5 +1.5 barley (sf 53-54`) 7-8,000t Berdyansk / Mariupol Ukraine 1 port Libya 2500x 1000x 60 +2 wheat (sf 46-47`) 7-8,000t Berdyansk / Mariupol Ukraine Ashdod Israel 2500x 1750x 59 +1.5 wheat (sf 46-47`) 5-6,000t Berdyansk / Mariupol Ukraine Marmara Sea ports Turkey 1500x 1250x 42.5 +1 wheat (sf 46-47`) 5-6,000t Berdyansk / Mariupol Ukraine Alexandria Egypt 1500x 1250x 56 +1.5 wheat (sf 46-47`) 5-6,000t Berdyansk / Mariupol Ukraine Adriatic Sea Italy 1500x 2000x 58.5 +2.5 wheat (sf 46-47`) 3,000t Berdyansk / Mariupol Ukraine Alexandria Egypt 1500x 1000x 58 +3 clay 10-12,000t Mariupol Ukraine Castellon Spain 4000c 5000x 58 +2.5 clay 10-12,000t Mariupol Ukraine Ravenna Italy 4000c 5000x 52 +1.5 clay 7-8,000t Mariupol Ukraine Marmara Sea ports Turkey 3500c 3000x 36 +1 clay 7-8,000t Mariupol Ukraine Ravenna Italy 3500c 4000x 54 +2 clay 5-6,000t Mariupol Ukraine Iskenderun Turkey 2500c 2500x 49.5 +1 clay 5-6,000t Mariupol Ukraine Thessaloniki Greece 2500c 2500x 44 +1 clay 5-6,000t Mariupol Ukraine Marmara Sea ports Turkey 2500c 2500x 37 +1 clay 5-6,000t Mariupol Ukraine Salerno Italy 2000c 2000x 52 +2 Terms FIOS 1/1 * - per m3; Spot/ppt freight assessments on main trade routes ex shallow Azov Sea ports Cargo Lot Loading port Country Discharging port Country Given load rate Given disch rate Rate, $/tonne w-o-w flat steel products 4,000t Rostov-on-Don Russia Adriatic Sea ports Italy 1500c 1500x 69 +4 flat steel products 4,000t Rostov-on-Don Russia Alexandria Egypt 1500c 1500x 62.5 +3 flat steel products 4,000t Rostov-on-Don Russia Iskenderun Turkey 1500c 1500x 59.5 +3 flat steel products 4,000t Taganrog Russia Nemrut Bay Turkey 1500c 1500x 43 +3 flat steel products 4,000t Taganrog Russia Marmara Sea ports Turkey 1500c 1500x 39.5 +3 manganese ore 3,000t Rostov-on-Don Russia Marghera Italy 2000c 2000x 65 +4 scrap (sf 56-58`) 3,000t Rostov-on-Don Russia Nemrut Bay Turkey 1000x 1000x 52.5 +3 scrap (sf 56-58`) 3,000t Rostov-on-Don Russia Volos Greece 1000x 1000x 55.5 +3 scrap (sf 56-58`) 3,000t Rostov-on-Don Russia Marmara Sea ports Turkey 1000x 1000x 48.5 +3 scrap (sf 56-58`) 3,000t Taganrog Russia Marmara Sea ports Turkey 1000x 1000x 47.5 +3 scrap (sf 56-58`) 3,000t Taganrog Russia Nemrut Bay Turkey 1000x 1000x 51 +3 scrap (sf 56-58`) 2,000t Rostov-on-Don Russia Nemrut Bay Turkey 750x 750x 52.5 +3 scrap (sf 56-58`) 2,000t Rostov-on-Don Russia Marmara Sea ports Turkey 750x 750x 49 +3 coal (sf 48') 5,000t Temryuk Russia Adriatic Sea ports Italy 3000c 2500x 53 +2.5 coal (sf 48') 5,000t Temryuk Russia Varna Bulgaria 2500c 2500x 32 +2 coal (sf 48') 3,000t Azov Russia Nemrut Bay Turkey 2500c 2500x 42 +2 coal (sf 48') 3,000t Azov Russia Marmara Sea ports Turkey 2000c 2000x 38.5 +2 coal (sf 48') 3,000t Azov Russia Black Sea ports Turkey 2000c 2000x 36 +2 coal (sf 48') 3,000t Azov Russia Constanta Romania 2000c 2000x 37 +2 coal (sf 48') 3,000t Azov Russia Varna Bulgaria 2000c 2000x 37 +2 coal (sf 48') 5,000t Taganrog Russia Nemrut Bay Turkey 2000c 2000x 40 +2 coal (sf 48') 5,000t Taganrog Russia Marmara Sea ports Turkey 2000c 2000x 36.5 +2 coal (sf 48') 5,000t Taganrog Russia Black Sea ports Turkey 2000c 2000x 34 +2 coal (sf 48') 5,000t Taganrog Russia Iskenderun Turkey 2000c 2000x 54.5 +2 coal (sf 48') 3-5,000t Yeisk Russia Nemrut Bay Turkey 2000c 2000x 40 +2 coal (sf 48') 3-5,000t Yeisk Russia Marmara Sea ports Turkey 2000c 2000x 36.5 +2 coal (sf 48') 3-5,000t Yeisk Russia Black Sea ports Turkey 2000c 2000x 34 +2 coal (sf 48') 3-5,000t Rostov-on-Don Russia Nemrut Bay Turkey 2000c 2000x 42 +2 coal (sf 48') 3-5,000t Rostov-on-Don Russia Marmara Sea ports Turkey 2000c 2000x 38.5 +2 coal (sf 48') 3-5,000t Rostov-on-Don Russia Varna Bulgaria 2000c 2000x 37.5 +2 coal (sf 48') 3-5,000t Rostov-on-Don Russia Black Sea ports Turkey 2000c 2000x 36 +2 coal (sf 48') 3-5,000t Rostov-on-Don Russia Constanta Romania 2000c 2000x 37.5 +2 wheat (sf 46-47') 5,000t Azov Russia Marmara Sea ports Turkey 1250x 1250x 42 +3 wheat (sf 46-47') 5,000t Azov Russia Mersin Turkey 1250x 1250x 59 +3 wheat (sf 46-47') 5,000t Yeisk Russia Alexandria Egypt 1250x 1250x 61 +3 maize (sf 50-51') 5,000t Taganrog Russia Marmara Sea ports Turkey 1250x 1250x 41 +3 maize (sf 50-51') 5,000t Azov Russia Adriatic Sea ports Italy 1250x 1250x 65 +4 wheat (sf 46-47') 3,000t Rostov-on-Don Russia Alexandria Egypt 1000x 1000x 64 +3 wheat (sf 46-47') 3,000t Rostov-on-Don Russia Ashdod Israel 1000x 1000x 63.5 +3 wheat (sf 46-47') 3,000t Rostov-on-Don Russia Marmara Sea ports Turkey 1000x 1000x 41.5 +3 wheat (sf 46-47') 3,000t Rostov-on-Don Russia Aegean Sea ports 1000x 1000x 49 +3 Greece wheat (sf 46-47') 3,000t Rostov-on-Don Russia Tunis Tunisia 1000x 1000x 64.5 +4 wheat (sf 46-47') 3,000t Azov Russia Adriatic Sea ports Italy 1000x 1000x 64.5 +4 wheat (sf 46-47') 3,000t Azov Russia Durres Albania 1000x 1000x 60 +3 wheat (sf 46-47') 3,000t Azov Russia Tripoli Libya 1000x 1000x 63.5 +3.5 wheat (sf 46-47') 3,000t Azov Russia Alexandria Egypt 1000x 1000x 63.5 +3 wheat (sf 46-47') 3,000t Azov Russia Marmara Sea ports Turkey 1000x 1000x 41 +3 wheat (sf 46-47') 3,000t Azov Russia Black Sea ports Turkey 1000x 1000x 38.5 +3 wheat (sf 46-47') 3,000t Azov Russia Poti Georgia 1000x 1000x 39.5 +3 wheat (sf 46-47') 3,000t Azov Russia Mersin Turkey 1000x 1000x 59 +3 wheat (sf 46-47') 3,000t Yeisk Russia Izmir Turkey 1000x 1000x 43 +3 wheat (sf 46-47') 3,000t Yeisk Russia Alexandria Egypt 1000x 1000x 61.5 +3 wheat (sf 46-47') 3,000t Yeisk Russia Tartous Syria 1000x 1000x 61 +3 wheat (sf 46-47') 3,000t Yeisk Russia Marmara Sea ports Turkey 1000x 1000x 39.5 +3 wheat (sf 46-47') 3,000t Yeisk Russia Black Sea ports Turkey 1000x 1000x 37 +3 wheat (sf 46-47') 3,000t Temryuk Russia Marmara Sea ports Turkey 1000x 1000x 36 +2 wheat (sf 46-47') 3,000t Temryuk Russia Tartous 1000x 1000x 56 +2 maize (sf 50-51') 3,000t Rostov-on-Don Russia 1000x 1000x 42.5 +3 Syria Marmara Sea ports Turkey maize (sf 50-51') 3,000t Taganrog Russia Adriatic Sea ports maize (sf 50-51') 3,000t Azov Russia meals (sf 65') 4,000t Yeisk bran (sf 55') 3,000t bran (sf 55') 3,000t Italy 1000x 1000x 64 +4 Marmara Sea ports Turkey 1000x 1000x 42 +3 Russia Marmara Sea ports Turkey 1000x 1000x 44.5 +3.5 Yeisk Russia Marmara Sea ports Turkey 1000x 1000x 41 +3 Taganrog Russia Samsun Turkey 1000x 1000x 38.5 +3 Bulgaria 1500x 1250x 57.5 +5 sunflower seeds (sf 85-90') 3,8-4,200t Rostov-on-Don Russia Varna/Burgas sunflower seeds (sf 85-90') 3,8-4,200t Rostov-on-Don Russia Marmara Sea ports Turkey 1500x 1250x 60 +5 sunflower seeds (sf 85-90') 1,8-2,200t Azov Russia Marmara Sea ports Turkey 800x 800x 61.5 +5 sunflower seeds (sf 85-90') 1,8-2,200t Azov Russia Mersin Turkey 800x 800x 92 +5 Russia Alexandria Egypt 1250x 1250x 44.5* +2 saw timber 3,5-4,000m3 Temryuk saw log 3,5-4,000m3 Rostov-on-Don Russia Marmara Sea ports Turkey 1250x 1250x 33* +2 saw log 3,5-4,000m3 Yeisk Samsun 1250x 1250x 29* +2 Russia Turkey Terms FIOS 1/1 * - per m3; Spot/ppt freight assessments on main trade routes ex Dnipro river ports Cargo Lot Loading port Country Discharging port Country Given load rate Given disch rate Rate, $/t w-o-w steel products 3,000t Zaporizhya Ukraine Zonguldak Turkey 1500x 1250x 42.5 +2.5 steel products 3,000t Zaporizhya Ukraine Marmara Turkey 1500x 1250x 44 +2.5 steel products 3,000t Zaporizhya Ukraine Varna Bulgaria 1500x 1250x 42.5 +2.5 steel products 3,000t Zaporizhya Ukraine East Coast Greece 1500x 1250x 51.5 +3 scrap (sf 65-70`) 2,2-2,300t Dnipro Ukraine Marmara Turkey 750x 750x 83.5 +3.5 scrap (sf 65-70`) 2,2-2,300t Kherson Ukraine Marmara Turkey 750x 750x 69 +3 scrap (sf 65-70`) 2,2-2,300t Nikolaev Ukraine Marmara Turkey 750x 750x 70 +3 fertilizers 2,5-3,000t Marmara Turkey Kamyanske Ukraine 1500c 750x 31.5 +1.5 fertilizers 1,7-2,000t Marmara Turkey Kremenchug Ukraine 1500c 750x 41 +2 wheat/corn 3,000t Dnipro Ukraine Samsun/Trabzon Turkey 1000x 1000x 46.5 +2.5 wheat/corn 3,000t Dnipro Ukraine Marmara Turkey 1000x 1000x 47.5 +2.5 wheat/corn 3,000t Dnipro Ukraine Izmir Turkey 1000x 1000x 51 +2.5 wheat/corn 3,000t Dnipro Ukraine Mersin Turkey 1000x 1000x 66 +3.5 wheat/corn 3,000t Kherson Ukraine Marmara Turkey 1000x 1000x 38.5 +2 wheat/corn 3,000t Kherson Ukraine Izmir Turkey 1000x 1000x 42 +2 wheat/corn 3,000t Kherson Ukraine EC Greece 1000x 1000x 45 +2 wheat/corn 3,000t Kherson Ukraine Famagusta Cyprus 1000x 1000x 56.5 +3 wheat/corn 3,000t Kherson Ukraine Mersin Turkey 1000x 1000x 57 +3 wheat bran pellets (sf 55-56`) 2,5-3,000t Dnipro Ukraine Samsun/Trabzon Turkey 900x 900x 47.5 +2.5 wheat bran pellets (sf 55-56`) 2,5-3,000t Dnipro Ukraine Marmara Turkey 900x 900x 48.5 +2.5 wheat bran pellets (sf 55-56`) 2,5-3,000t Kherson Ukraine Marmara Turkey 900x 900x 39.5 +2 wheat bran pellets (sf 55-56`) 2,5-3,000t Kherson Ukraine Izmir Turkey 900x 900x 43 +2 meals (sf 65`) 2,2-2,300t Dnipro Ukraine Marmara Turkey 700x 700x 59 +3 sunflower seeds (sf 85-90') 1,5-2,000t Dnipro Ukraine Marmara Turkey 700x 700x 78.5 +4 gypsum/marble/calcit in bb 2,5-3,000t Iskenderun Turkey Dnipro Ukraine 1500x 1000x 30 +1 gypsum/marble/calcit in bb 2,5-3,000t Marmara Turkey Dnipro Ukraine 1500x 1000x 27 +1 gypsum/marble/calcit in bb 2,5-3,000t Marmara Turkey Zaporizhya Ukraine 1500x 1000x 25 +1 gypsum/marble/calcit in bb 1,7-2,000t Marmara Turkey Kremenchug Ukraine 1000x 700x 39 +1.5 cement in bb 2,5-3,000t Bartin Turkey Dnipro Ukraine 1500x 1000x 26 +1 cement in bb 2,5-3,000t Bartin Turkey Zaporizhya Ukraine 1500x 1000x 24 +1 feldspar 2,5-3,000t Gulluk Turkey Dnipro Ukraine 2000x 1000x 28 +1 Terms FIOS 1/1 Spot/ppt freight assessments on main trade routes ex EMed, Adriatic Sea and WMed ports Cargo Lot Loading port Country Discharging port Country Given load rate Given disch rate Rate, $/t w-ow steel products 10,000t Marmara Sea ports Turkey Saudi Arabia 3000x 1500x 73 +10.5 Jeddah / Yanbu steel products 10,000t Marmara Sea ports Turkey Ravenna / Marghera Italy 3000x 3000x 38 +2.5 steel products 10,000t Nemrut Bay Turkey Damietta Egypt 2500x 1750x 33.5 +2 steel products 5-6,000t Sevilla Spain Marmara Sea ports Turkey 1500x 1500x €36.5 +2 steel products 5-6,000t FOS France Marmara Sea ports Turkey 2500x 1500x €31.5 +2 steel products 5-6,000t FOS France Iskenderun Turkey 2500x 1500x €35.5 +2 steel products 5-6,000t Barcelona Spain Marmara Sea ports Turkey 2000x 1500x €31.5 +2 steel products 5-6,000t Marmara Sea ports Turkey Algiers Algeria 2000x 750x 56 +3 steel products 5-6,000t Marmara Sea ports Turkey Alexandria Egypt 1500x 1250x 38.5 +2 steel products 5-6,000t Iskenderun Turkey Aegean Sea ports Greece 2500x 2000x 25 +1.5 steel products 5-6,000t Nemrut Bay Turkey 1 port Tunisia 2000x 1250x 42.5 +2.5 steel products 5-6,000t Nemrut Bay Turkey Ravenna / Marghera Italy 2000x 2000x 42 +2.5 steel products 5-6,000t Alexandria Egypt Ravenna / Marghera Italy 2000x 2000x 44.5 +2.5 steel products 5-6,000t FOS France Algiers Algeria 2500x cqd €27 +1.5 steel products 3-4,000t Barcelona Spain Algiers Algeria 2000x cqd €28.5 +1.5 steel products 3-4,000t Sevilla Spain Casablanca Morocco 1500x cqd €28.5 bss FILO +1.5 steel products 3-4,000t Sevilla Spain Aalborg / Randers Denmark 1250x 1250x €50 +4 steel products 3,000t Sevilla Spain Algiers Algeria 1500x cqd €32 +2 steel products 3,000t Iskenderun Turkey Alexandria Egypt 1250x 1000x 26.5 +2 steel products 3,000t Chioggia Italy Algiers Algeria 1500x 750x 42.5 +3 steel products 3,000t Chioggia Italy East Coast Greece 1500x 1250x 28.5 +1.5 steel products 3,000t Chioggia Italy Marmara Sea ports Turkey 1500x 1250x 29.5 +1.5 steel products 3,000t Marmara Sea ports Turkey Constanta Romania 1250x 1250x 25.5 +1 steel bars 3,000t Iskenderun Turkey Haifa Israel 1250x cqd 72 bss FILO = rebar 10,000t Marmara Sea ports Turkey Dubai UAE 2500x 2000x 88 +11.5 rebar 10,000t Marmara Sea ports Turkey Muscat Oman 2500x 1250x 85 +11 rebar 5-6,000t Catania Italy Bejaia Algeria 2000x 750x 34.5 +2.5 rebar 3,000t Alexandria Egypt Volos Greece 1000x 1250x 28 +1.5 rebar 3,000t Diliskelesi Turkey Alexandria Egypt 1500x 1000x 39 +2 HBI 10,000t Misurata Libya Alexandria Egypt cqd cqd 32.5 +2 scrap (sf 60-70`) 5,000t Ashdod Israel Iskenderun Turkey 2000x 2000x 32.5 +1.5 scrap (sf 60`) 3,000t Adriatic Sea ports Italy Iskenderun Turkey 1000x 1000x 49.5 +3 scrap (sf 70-75`) 3,000t Rijeka Croatia Iskenderun Turkey 1000x 1000x 52 +3 scrap (sf 100110`) 2-2,500t Ashdod Israel Iskenderun Turkey 1000x 1000x 47.5 +1.5 alumina 5-6,000t San Nicolas Greece Koper / Bar Slovenia / Montenegro 3000c 2500x 30 +1.5 urea (sf 51`) 1012,000t Arzew Algeria Savona Italy 6000x 2500x 29 +1 urea (sf 51`) 5-6,000t Arzew Algeria Gaeta Italy 3000x 2000x 30 +1.5 urea (sf 51`) 5-6,000t Damietta Egypt Rouen France 3000x 2500x 68 +5 urea (sf 51`) 5-6,000t Damietta Egypt East Coast Spain 3000x 2500x 48.5 +2.5 urea (sf 51`) 5-6,000t Damietta Egypt Sevilla Spain 3000x 2500x 53 +3 urea (sf 51`) 5-6,000t Damietta Egypt Casablanca Morocco 3000x 2500x 54 +3 urea (sf 51`) 5-6,000t Damietta Egypt Setubal Portugal 3000x 2500x 56 +3.5 urea (sf 51`) 5-6,000t Damietta Egypt Aegean Sea ports Greece 3000x 2500x 25.5 +1 sulphur 6-7,000t Eleusis Greece Ashdod Israel 2000c 2000x 41.5 +1.5 sulphur 6-7,000t Kalamaki Greece Abu Qir Egypt 2000c 2000x 32.5 +1.5 DAP 5-6,000t Gabes Tunisia Marmara Sea ports Turkey 2500x 2000x 29 +1 fertilizers 12,000t Annaba Algeria Nikolayev Ukraine 3000x 4500c 31 +1.5 fertilizers 7-8,000t Ashdod Israel Ravenna Italy 7000x 2500x 40.5 +2 fertilizers 7-8,000t Ashdod Israel East Coast Spain 7000x 2500x 44.5 +2.5 fertilizers 5-6,000t Gulluk Turkey Ashdod Israel 2000x 2000x 32 +1.5 soda 3,000t Mersin Turkey Alexandria Egypt 1500x 1500x 22.5 +1 salt 5-6,000t Damietta Egypt Constanta / Burgas Romania / Bulgaria 2500c 2500x 26 +1 salt 5-6,000t Damietta Egypt Adriatic Sea ports Italy/Croatia 2500c 2500x 31 +1 salt 3,000t Sfax Tunisia Adriatic Sea ports Italy/Croatia 1500x 2000x 30.5 +1 wheat (sf 46-47`) 5-6,000t Split Croatia Sicily Italy 1500x 1500x 27.5 +1 wheat (sf 46-47`) 3,000t Split Croatia Sousse / Sfax Tunisia 1500x 1000x 30 +1 wheat (sf 45-46`) 3,000t Southern ports France Adriatic Sea ports Italy 1500x 1500x €31.5 +1.5 wheat (sf 45-46`) 3,000t Southern ports France Sousse / Sfax Tunisia 1500x 1000x €28.5 +1.5 bentonite 5-6,000t Milos Greece Marghera (Venice) Italy 2500x 2500x 30 +1.5 bulk cement 5-7,000t Iskenderun Turkey Ashdod / Haifa Israel 2500c 2000x 27.5 +1 cement in big bags 10,000t Antalya Turkey Mediterranean Sea ports Egypt 2500c 2000x 29.5 +1.5 cement in big bags 7,000t Antalya Turkey Tripoli / Al-Khums Libya 2250c 750x 32 +2 cement in big bags 7,000t Setubal Portugal Algiers Algeria 2500x 750x €25.5 +1.5 cement in big bags 7,000t Alicante Spain Algiers Algeria 2500x 750x €23 +2 cement in big bags 5-6,000t Marmara Sea ports Turkey Tripoli / Al-Khums Libya 2000c 750x 36 +2 cement in big bags 5-6,000t Alicante Spain Algiers Algeria 2000x 750x €24.5 +1.5 cement in big bags 3-5,000t Iskenderun Turkey Ashdod / Haifa Israel 1750x 1250x 66 bss FILO = cement in big bags 3,000t Antalya Turkey Azov Sea ports Russia 1500c 1500c 28 +0.5 cement in big bags 3,000t Marmara Sea ports Turkey Azov Sea ports Russia 1500c 1500c 25 +0.5 cement in big bags 3,000t Marmara Sea ports Turkey Alexandria Egypt 1500c 1500c 38.5 +2.5 cement in big bags 3,000t Aliaga Turkey Barcelona Spain 1500c 1500x 58 +3 clinker 6-7,000t Casablanca Morocco North ports France 3000x 2500x €31.5 +2.5 clinker 6-7,000t Alicante Spain North ports France 3000x 2500x €32 +2.5 marble block 6-7,000t Marina di Carrara Italy Tunis Tunisia 2500x 1750x €17 +0.5 marble block 4,000t Marina di Carrara Italy Tunis Tunisia 2000x 1250x €19 +0.5 marble block 4,000t Marina di Carrara Italy Misurata Libya 2000x 1250x €22 +0.5 marble chips 4,000t La Spezia Italy Misurata Libya 2000x 1250x €22 +0.5 silica sand 5,000t Arish Egypt Thessaloniki Greece 1500x 2000x 20.5 +0.5 silica sand 5,000t Arish Egypt Adriatic Sea ports Italy 1500x 2500x 27 +0.5 feldspar 3,000t Gulluk Turkey Misurata Libya 2000c 1000x 30 +1 wall block 3,000t Nemrut Bay Turkey Constanta Romania 2000c 2000x 24 +1 Terms FIOS 1/1 Spot/ppt freight assessments on main trade routes ex Caspian Sea and Volga ports Cargo Lot Loading port Country Discharging port Country Given load rate Given disch rate Rate, $/tonne w-o-w steel products 3,000t Astrakhan Russia Anzali Iran cqd cqd 21.5 = steel products 3,000t Astrakhan Russia Baku Azerbaijan cqd cqd 18 = steel products 3-5,000t Aktau Kazakhstan Anzali Iran cqd cqd 13 = urea 3-5,000t Turkmenbashi Turkmenistan Baku Azerbaijan 2000c 1500x 14 = barley 3-5,500t Aktau Kazakhstan Amirabad Iran 1500x 1000x 19.5 = wheat 3-5,500t Aktau Kazakhstan Amirabad Iran 1500x 1000x 18.5 = grain 3,000t Volgograd Russia Amirabad Iran 1000x 1000x 32 = grain 3,000t Kamyshyn Russia Amirabad Iran 1000x 1000x 35 = grain 3,000t Saratov Russia Amirabad Iran 1000x 1000x 39.5 = grain 3,000t Samara Russia Amirabad Iran 1000x 1000x 46.5 = grain 3,000t Astrakhan Russia Amirabad Iran 1000x 1000x 26.5 -1 grain 3,000t Olya Russia Amirabad Iran 1000x 1000x 25.5 -1 grain 3,000t Makhachkala Russia Amirabad Iran 1000x 1000x 22.5 -0.5 meal 3,000t Astrakhan Russia Anzali Iran 1000x 1000x 28.5 = timber 1,5-2,000m3 Astrakhan Russia Anzali Iran 750x 750x 22* = cement in big bags 3,000t Amirabad Iran Astrakhan Russia 1000x 1000x 10 = cement in big bags 3,000t Amirabad Iran Aktau Russia 1000x 1000x 6.5 = cement in big bags 3,000t Amirabad Iran Baku Azerbaijan 1000x 1000x 8.5 = cement in big bags 3,000t Amirabad Iran Turkmenbashi Turkmenistan 1000x 1000x 7.5 = Terms FIOS 1/1 * - per m3 Spot/ppt freight assessments on main trade routes ex Baltic Sea ports Cargo Lot Loading port Country Discharging port Country Given load rate Given disch rate Rate, $/tonne w-ow flat steel products 6,000t St. Petersburg Russia UK 2500c 2500x €38 +2 Newcastle flat steel products 4,000t St. Petersburg Russia Hamburg Germany 1500c 1750x €33 +2 flat steel products 4,000t St. Petersburg Russia East Coast UK 1500c 1750x €41 +2 flat steel products 4,000t St. Petersburg Russia Rotterdam / Antwerp Netherlands / Belgium 1500c 1750x €38.5 +2.5 flat steel products 4,000t Kaliningrad Russia Rotterdam / Antwerp Netherlands / Belgium 1500c 1750x €34 +3.5 flat steel products 4,000t Kaliningrad Russia Aalborg Denmark 1500c 1750x €21.5 +2 slabs 10,000t St. Petersburg Russia East Coast UK 3000c 3500x €31 +2 slabs 10,000t St. Petersburg Russia Bremen Germany 3000c 3500x €27 +2 slabs 5,000t Kaliningrad Russia Aarhus Denmark 2000c 2500x €20 +1 slabs 5,000t Kaliningrad Russia East Coast UK 2000c 2500x €36 +2 aluminium 10-12,000t St. Petersburg Russia Vlissingen Netherlands 3000c 3500x €29.5 +2 aluminium 8,000t St. Petersburg Russia Rotterdam / Antwerp Netherlands / Belgium 2500c 3000x €36 +5 aluminium 3,000t St. Petersburg Russia East Coast UK 1500c 1750x €45 +3 aluminium 4,000t St. Petersburg Russia 1 port Norway 1500c 1750x €35 +3 aluminium 4,000t St. Petersburg Russia Rotterdam / Antwerp Netherlands / Belgium 1500c 1750x €38 +2 aluminium 3,000t St. Petersburg Russia Szczecin Poland 1500c 1750x €27 +2 pig iron 10,000t Riga Latvia Northern ports Spain 4000c 4000x €33 +3 pig iron 5,000t Riga Latvia Northern ports Spain 2500c 2500x €41.5 +3 pig iron 5,000t Riga Latvia Rotterdam / Antwerp Netherlands / Belgium 2500c 2500x €33.5 +4.5 pig iron 5,000t Riga Latvia Lubeck Germany 2500c 2500x €26 +2 pig iron 3,000t Riga Latvia Rotterdam / Antwerp Netherlands / Belgium 2000c 2000x €36.5 +4 ferroalloys 5,000t Riga Latvia Rotterdam / Antwerp Netherlands / Belgium 1500c 1500x €39 +3.5 ferroalloys 3,000t Riga Latvia Northern ports Spain 1000c 1000x €51 +3 steel cuttings (sf 44`) 5,000t St. Petersburg Russia Southern ports Spain 1250c 1250x €55 +3 steel cuttings (sf 44`) 6-8,000t St. Petersburg Russia Barcelona Spain 1000c 1000x €59 +2 steel cuttings (sf 44`) 5,000t St. Petersburg Russia Northern ports Spain 1000c 1000x €51 +2 scrap (sf 55-60`) 6,000t Tallinn Estonia Barcelona Spain 1750c 1750x €52 +2 scrap (sf 55-60`) 5,000t Arkhangelsk Russia Northern ports Spain 1000c 1500x €71 +2 scrap (sf 55`) 5,000t Murmansk Russia Northern ports Spain 1500c 1500x €72 +2 scrap (sf 55-60`) 3-5,000t St. Petersburg Russia Szczecin Poland 1500c 1500x €29 +2 scrap (sf 55-60`) 3-5,000t St. Petersburg Russia Rotterdam / Antwerp Netherlands / Belgium 1500c 1750x €43 +2 scrap (sf 55-60`) 3-5,000t Klaipeda Lithuania Northern ports Spain 1500c 1750x €46 +2 scrap (sf 55-60`) 3-5,000t Klaipeda Lithuania Rotterdam / Antwerp Netherlands / Belgium 1500c 1750x €37.5 +3 scrap (sf 55-60`) 3,000t Vyborg Russia Northern ports Spain 1250c 1500x €54 +2 scrap (sf 58`) 3,000t St. Petersburg Russia Barcelona Spain 1250c 1500x €62 +2 scrap (sf 55-60`) 3,000t St. Petersburg Russia Northern ports Spain 1250c 1500x €55 +2 coal 3,000t Kaliningrad Russia Vlissingen Netherlands 1500c 2000x €35 +4 coal 10,000t Riga Latvia Ghent Belgium 4000c 4000x €29.5 +3 coal (sf 44-45`) 5-7,000t Riga Latvia Rotterdam / Antwerp Netherlands / Belgium 3000c 3000x €32 +4 coal (sf 44-45`) 4,000t Riga Latvia Northern ports Ireland 2000c 2000x €46 +4 fertilizers 7-8,000t Klaipeda Lithuania Rotterdam / Antwerp Netherlands / Belgium 3000c 3000x €31 +2.5 fertilizers 5,000t St. Petersburg Russia West Coast UK 2500c 2500x €49 +3 fertilizers 4,000t St. Petersburg Russia Rotterdam / Antwerp Netherlands / Belgium 2000c 2000x €38.5 +2 fertilizers 3-5,000t Klaipeda Lithuania Rotterdam / Antwerp Netherlands / Belgium 2000c 2000x €35 +3 fertilizers 3-5,000t Klaipeda Lithuania Northern ports Spain 2000c 2000x €44 +4 fertilizers 3-5,000t Klaipeda Lithuania Southern ports Spain 2000c 2000x €49 +4 fertilizers 3-5,000t Klaipeda Lithuania Waterford/Cork Ireland 2000c 2000x €46 +3 fertilizers 5-6,000t Vyborg Russia Northern ports Spain 2000c 2000x €48 +4 fertilizers 5-6,000t Vyborg Russia Waterford/Cork Ireland 2000c 2000x €50 +2 fertilizers 3-4,000t Vyborg Russia 1 port Denmark 1750c 1750x €28 +2 fertilizers 3,000t Klaipeda Lithuania Gdynia Poland 1750c 1750x €19 +1 fertilizers 3,000t St. Petersburg Russia Western ports Sweden 1500c 1500x €31 +2 linseeds (sf 56-58`) 3,000t St. Petersburg Russia Ghent Belgium 1500c 1500x €44 +2 soya bean meal (sf 5658`) 3,500t Kaliningrad Russia Rotterdam / Antwerp Netherlands / Belgium 1500c 1500x €37.5 +3.5 wheat 3-4,000t Riga Latvia Rotterdam / Antwerp Netherlands / Belgium 1500c 1500x €36 +3 grain 3-5,000t Liepaja Latvia 1 port Denmark 1700c 1700x €25 +2 grain 3,000t Szczecin Poland Hamburg Germany 1500c 1500x €26 +2 saw timber 10,000m3 Riga Latvia Alexandria Egypt 3000c 2000x €45* +1 saw timber 3,54,000m3 St. Petersburg Russia East Coast UK 1750c 2000x €33.5* +2 saw timber 3,54,000m3 Arkhangelsk Russia East Coast UK 1750c 2000x €52* +2 saw timber 3,54,000m3 Arkhangelsk Russia Rotterdam / Antwerp Netherlands / Belgium 1750c 2000x €49* +2 saw timber 3,54,000m3 Southern ports Sweden East Coast UK 1750c 2000x €27* +2 saw timber 3,54,000m3 Ust-Luga Russia Ghent Belgium 1750c 2000x €31* +2 saw timber 3,54,000m3 Klaipeda Lithuania West Coast UK 1750c 2000x €31* +2 saw timber 3,54,000m3 Liepaja Latvia East Coast UK 1750c 2000x €28* +2 saw timber 2,53,000m3 Riga Latvia Bordeaux France 1250c 1500x €31* +2 saw timber 2,53,000m3 Klaipeda Lithuania Southern ports Sweden 1250c 1500x €22* +2 timber 5,000m3 St. Petersburg Russia Oulu Finland 2000c 1750x €22* +2 timber 4,500m3 St. Petersburg Russia 1 port Germany 1750c 1750x €23.5* +2 timber 3,000m3 St. Petersburg Russia Southern ports Sweden 1500c 1500x €24* +2 construction cargoes 3,000t Klaipeda Lithuania Vasteras Sweden 2000c 2000c €19 +2 crushed stone 3,000t 1 port Sweden Russia 2000c 2000c €7,75 +0,25 Rate, $/tonne w-ow Kaliningrad Terms FIOS 1/1 * - per m3 Spot/ppt freight assessments on main trade routes ex North Sea ports Cargo Lot Loading port Country Discharging port Country Given load rate Given disch rate flat steel products 3,000t Oslo Norway East Coast UK 1700x 1700x €29 +2 flat steel products 23,000t East Coast UK Northern ports Spain 1250x 1250x €31 +2 flat steel products 23,000t East Coast UK Rotterdam / Antwerp Netherlands / Belgium 1250x 1250x €26 +2 rebar 45,000t Rotterdam Netherlands 1 port Tunisia 2500x 1500x €44.5 +2 angle, channel 23,000t East Coast UK Northern ports Spain 1200x 1200x €31 +2 angle, channel 23,000t East Coast UK Rotterdam / Antwerp Netherlands / Belgium 1200x 1200x €26.5 +2 scrap (sf 5560`) 4,000t East Coast UK 1 port Portugal 1500x 1500x €36.5 +2 scrap (sf 5560`) 34,000t East Coast UK Northern ports Spain 1500x 1500x €33 +2 scrap (sf 58`) 22,500t Sligo Ireland Sevilla Spain 1000x 1000x €37 +2 fertilizers 3,500t Rotterdam / Antwerp Netherlands / Belgium St. Malo France 1500x 1500c €26.5 +2 fertilizers 3,000t Hamburg Germany Bordeaux France 1700x 1700x €28 +2 fertilizers 3,000t Hamburg Germany East Coast UK 1700x 1700x €31 +2 fertilizers 2,000t Immingham UK Rotterdam / Antwerp Netherlands / Belgium 1250x 1250x €27.5 +2 barley (malt) 3,000t Southern ports UK Rotterdam / Antwerp Netherlands / Belgium 1500x 1500x €25.5 +2 wheat 3,000t Hamburg Germany 1 port Portugal 1500c 1500x €38 +2 grain 3,000t Hamburg Germany 1 port Finland 2000c 2000x €21.5 +1 grain 3,000t 1 port UK Setubal Portugal 1500c 1500x €37 +2 grain 3,000t Hull UK West Coast Ireland 1500x 1500x €28.5 +2 grain 3,000t Northern ports France Alexandria Egypt 1500x 1500x 52 +2 grain 3,000t Northern ports France 1 port Tunisia 1500x 1000x 48.5 +2 grain 3,000t Northern ports France 1 port Morocco 1500x 1000x €45 +2 grain 3,000t Northern ports France Sicily Italy 1500x 1500x €46 +2 grain 23,000t East Coast UK Rotterdam / Antwerp Netherlands / Belgium 1500x 1500x €25.5 +2 grain 23,000t Bordeaux France Southern ports Sweden 1200x 1200x €26.5 +2 meals 35,000t Rotterdam / Antwerp Netherlands / Belgium Riga Latvia 2000x 2000x €22 +1 meals 35,000t Rotterdam / Antwerp Netherlands / Belgium Kaliningrad Russia 2000x 2000x €22 +1 cement in big bags 3,000t Hamburg Germany St. Petersburg Russia 2000c 2000c €19 +1 cement in big bags 3,000t Aalborg Denmark St. Petersburg Russia 2000c 2000c €19 +1 stone 3,000t 1 port Norway Kaliningrad Russia 2000c 2000c €7.75 +0.25 asphalt crumb 5,000t Rotterdam Netherlands Tallinn Estonia 3000c 3000x €7.75 +0.25 Terms FIOS 1/1 * - per m3