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Saturday, 26 November 11
THE FREIGHT MARKETS EXPECTED TO BE STEADY NEXT WEEK - VISTAAR


COALspot.com - The market were down probably with the sentiments of global financial markets and all segments were down.

The BDI was up down by 4.64 pct closing at 1,807 points and  the BCI was down by 5.75 pct closing at 3,049 points. The Panamax index was down by 2.02 pct closing at 1,794 points whereas the Supramax index was just down by 0.07 pct closing at 1,380 points. The handy size index was down by 3.33 pct closing at 639 points.

The freight markets expected to be steady next week.

Supramax delivery N. China for trips via Indonesia were reported around US$ 8,000-8,500 per day. Short Period charter rates for Panamax and Supramax was around US$ 12,500 per day.

The average charter rates was at Cape/US$ 25,851 per day , Panamax/US$ 14,332 per day , Supramax/US$ 14,331 per day and Handy size/US$ 9,073 per day.

The Supramax index in the feast (S6 route) was up by 2.87 pct and closed at US$ 8,164 per day (last week US$ 8,405 per day). The EC India/China (S7 route) was up by 2.67 pct and closed at US$ 7,217 per day (last week US$ 7,415 per day). The S6 and S7 route likely to remain steady next week.

The futures for three years (2011-2013) was at around Cape/US$ 15,000 per day, Panamax/US$ 12,500 per day, Supramax/US$ 12,500 per day , Handy size/US$ 10,250 per day.

The congestion in EC Australia decreased to 101 vessels this week (last week 87 vessels). The vessels waiting at main coal loading ports were at Hay point/3, DBCT/18, Gladstone/16, Abbot Point/1, New Castle/51, Port Kembla/10 vessels. On the WC Australia iron ore vessels waiting increased and was at 41 vessels  (last week 23 vessels).

The Brent crude oil prices was down by 0.09 pct and closed at US$ 106.64  per barrel (last week US$ 107.61 per barrel).  Bunker prices softened and closed at US$ 667.50 pmt (last week US$ 683.50 pmt) for IFO 380 CST ex Singapore on 25th Nov 2011.

Click here for Vistaar’s forecasts (terms & conditions apply) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)



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Thursday, 02 June 11
LARGE SUPRAS FOR RBCT/INDIA ROUND ARE NOW ASKING 14K - FEARNBULK
Handy The Handy/Supra market has in general been flat and un-exciting this week. The Black Sea market is almost non existing while the US Gulf mar ...


Thursday, 02 June 11
DRY BULK SHIP OWNERS LOOKING INTO SHORTENED WEEK WITH ANXIETY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With most markets in the western world closed yesterday, as a result of Memorial Day, dry bulk stakeholders weren’t able to build over the pos ...


Monday, 30 May 11
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Sunday, 29 May 11
THE FREIGHT MARKET CONTINUED TO GAIN MOMENTUM - VISTAAR
COALspot.com - The freight market continued to gain momentum and the BDI, Cape Index and Panamax was by up almost 10-12 pct and on all sectors, Vist ...


Saturday, 28 May 11
WCI-CHINA RATES SLIDED TO 15K AND FROM ECI AROUND 12K - FEARNLEYS AS
Handy Rates in the Atlantic remain steady/flat with the Black Sea remaining quiet with little fresh enquiries. The Continent is seeing more tonnag ...


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