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Monday, 27 February 17
THE FREIGHT MARKET WAS FIRMED UP THIS PAST WEEK; BCI ROSE 57.64% W/W
COALspot.com: The Freight market was firmed up this past week.
The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose this past week and ending on a positive note except panamax week over week. The BDI was up by 18.08% from the last week and Cape Index was also up 57.64 % or increased around 426 points week over week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global supply and demand for shipping of commodities was reported up 18.08% week over week and ended at 875 points on 24 February 2017. The index peaked at 11,793 points in May 2008.
The Cape Index was up by 57.64% week over week. The BCI closed 1176 points on 24 February 2017. The Panamax index (BPI) was also increased (6.21%) week over week on 24 February 2017.
The Supramax index (BSI) was up 3.27% to 809 points on 24 February 2017, compared to 729 points on 17 February 2017.
The handy size index was rose 9.46% and the index was closed at 428points for the same period.
According to Vistaar India, this past week’s daily average earnings for Supramax, for the route Indonesia to India passing through Singapore was firm week over week, owners were rating at around US$ 11000-11500 per day, while the Panamax vessels rated at around $ 7500 per day delivery Shanghai area, rose compared to last week rates.
Road blockages and bad weather in coal-rich Kalimantan are being blamed for a disruption of coal supplies. Significant numbers of ships were waiting for load coal from Kalimantan. Daily charter rates were moving to North, due to less availability of vessels this region.
The futures for three years (2017-2020) for the ships were reported higher than the current spot rates the ships were earning. The Cape-size ships were at US$ 12000 per day, the Panamax at US$ 8,500 per day, Supramax at US$ 8000 per day and Handysize at US$ 7000 per day. No change from last week reported three years future rates.
Freight rates are expected to be steady to firm next week.
The Brent crude oil price was closed at US$ 55.99 per barrel, inch up from last week closing. The bunker prices were closed at US$ 328 pmt (IFO 380 CST ex. Singapore on 24 February 2017).
Ex. Singapore bunker prices rose 123.12% year on year and declined 5.20% year to date.
Baltic Dry Index (BDI) - UP
Cape index (BCI) - UP
Panamax index (BPI) - UP
Supramax index (BSI) - UP
Handy index - UP
(as of week ended 24 February 2017 (week on week changes)
Click here for Vistaar Shipping Services (India) Private Ltd forecasts (subject to terms, conditions & Disclaimer clauses) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)
The information provided by Vistaar Shipping Services (India) Private Ltd , India in this report is provided for information purposes only. No claim is made as the accuracy of the content in this report at any time. Vistaar Shipping Services (India) Private Ltd, and their Group companies or Subsidiaries do not accept any liability to any person or Company for the information provided in this report. No responsibility is taken for any information of services that may appear in this report.
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Tuesday, 06 February 24
INDIA'S COAL PRODUCTION INCREASES BY 10.3% TO 99.73 MILLION TONNE IN JANUARY - PTI
The country’s coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal.
...
Friday, 02 February 24
DRY BULK MARKET: THE DOWNWARD REVISION IN THE GROWTH OF CAPESIZE TONNE DAYS IN JANUARY WITH THE BCI DROPPING - MARIA BERTZELETOU
In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE ...
Friday, 02 February 24
COAL INDIA ACHIEVES NEARLY 80% OF ITS FY24 PRODUCTION TARGET IN TEN MONTHS - CNBCTV18
For the month of January, the company’s production grew by 9.1% from the same period last year to 78.4 Million Tonnes (MT), from 71.9 MT last ...
Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts.
&nb ...
Thursday, 01 February 24
ANTI-DEDUCTION CLAUSES: CAN A CHARTERER WITHHOLD HIRE WITHOUT AN OWNER'S CONSENT? - SKULD
KNOWLEDGE TO ELEVATE
Summary
In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be m ...
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Showing 16 to 20 news of total 6846 |
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- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- Planning Commission, India
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- The University of Queensland
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
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