Daily Journal of Dry Bulk Shipping 0926

On September 25th,the BDI comprehensive freight index and its sub-ship type freight index were mainly increased.Specifically, the BDI comprehensive freight index closed at 2016 points, up 2 points compared to the previous period. September 26, 2024 Daily Journal of Dry Bulk Shipping Industry information 1、From September 16th to September 22nd, 2024 (Week 38) The four major mines shipped a total of 22.812 million tons of iron ore, a decrease of 1.484 million tons compared to the previous week but an increase of 3.602 million tons compared tothe same period last year. Of this total, shipments to China amounted to 17.233 million tons, a decrease of 3.619 million tons compared to the previous week but an increase of 1.241million tons compared to the same period last year. Shipments to China from the four major mines accounted for 75.54% of the total shipments. source：Hifleet maritime 2、year-on-year increase of 9.6% According to the commodity import and export statistics released by the Ministry of Commerce and Industry of India, the import volume of coal, coke, and briquettes, etc., in India fromJanuary to July 2024 totaled 157.7 million tons, representing a year-on-year increase of 9.6% compared to the same period in the previous year. source：China Coal Economic Research Association FFA contract Overview On September 20th, the trading volume for the Cape size vessel 5TC 2411 contract increased significantly by 455 lots compared to the previousday, reaching 1210 lots. The main contract 2410 had a trading volume of 1880 lots. Contracts 2412, 2501, and 2502 saw decreases in tradingvolume. A similar product is the Panamax vessel 4TC, where the trading volume for the 2411 contract increased by 1770 lots, reaching 2425 lotscompared to the previous day. The main contract 2410 had a trading volume of 2880 lots. The trading volume for the remaining contractsremained relatively stable. Spot Market Overview On September 25th,the BDI comprehensive freight index and its sub-ship type freight index were mainly increased. Specifically, the BDI comprehensive freight index closed at 2016 points, up 2 points compared to the previous period;the BCI freight index closed at 3315 points, up 14 points comparedto the previous period;the BPI freight index closed at 1543 points, unchanged from the previous period; the BSI freight index closed at 1317 points, up 5 point compared to the previousperiod; and the BHSI freight index closed at 713 points, up 2 point compared to the previous period. Far east dry bulk index FDIstands for"Far East Dry Bulk Index",itwas compiled and released by theShanghai Shipping Exchange. On September 25th, the FDI comprehensive freight index, FDI charter index, and FDI freight index all saw a month-on-month rise.Specifically, the FDI comprehensive index closed at 1483.47 points, up 0.37% month-on-month; the FDI charter index closed at 1816.39 points, up 0.67% month-on-month; among them,the FDI Capesize vessel charter index was at 2002.2 points, up 0.53% month-on-month; the FDI Panamax vessel charter index was at 1558.69 points, up 0.62% month-on-month; theFDI Supramax vessel charter index was at 1826.36 points, up 0.93% month-on-month; and the FDI freight index closed at 1261.53 points, up 0.08% month-on-month. In the BCI (Baltic Capesize Index) freight rate index for different shipping routes: China/Japan Pacific Round Trip Route: The freight rate is 30383 usd/day, showing a 0.53% increase compared to the previous period.Dampier, Western Australia to Qingdao, China Route: The freight rate is 20.692 usd/ton, indicatinga 0.08% decrease compared tothe previous period. Tubarao, Brazil to Qingdao, China Route: The freight rate is 28.014 usd/ton, marking a 0.05% increase compared to the previousperiod. In the BPI (Baltic Panamax Index) freight rate index for different shipping routes: China/Japan Pacific Round Trip Route: The freight rate is 14169 usd/day, showing a 0.55% increase compared to the previous period.Southern China through Indonesia Route: The freight rate is 12700 usd/day, indicating a 0.77% increase compared to the previousperiod. In the BSI (Baltic Supramax Index) freight rate index for different shipping routes: South China to Indonesia Route: The freight rate is 16654 usd/day, showing a 0.78% increase compared to the previous period. The number and classification of daily shipment Breakdown of ships carrying industrial goods: The number and classification of daily shipment Comparing to September 25th, the data shows that there is a increase in the shipment volume of industrial goods andagricultural goodsfrom certain countries.Industrial goods shipment countries include Indonesia, Australia, Guinea, Russia, the United States, South Africa, Brazil, Canada, India, Colombia, Sierra Leone, and Mozambique.Countries that saw an increase in shipment volume on that day are theIndonesia. Countries that experienced a decrease in shipment volume include Russia、Brazil.Agricultural p