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Sunday, 06 January 13
FREIGHT MARKET REMAINED FAIRLY STEADY - VISTAAR


WISH YOU ALL HAPPY NEW YEAR

COALspot.com - The freight market remained fairly steady in spite of Christmas / New Year Holidays. The BDI was almost steady closing at 706 points. The iron ore movement picked up and seems China stocking up iron ore which kept the cape size index firm closing at 1285 points. Panamax index was soft closing at 670 points. The supramax and handy size index was almost steady closing at 739 points and 446 points respectively.

The average charter rates was at Cape / US$ 5,259 per day , Panamax / US$ 5,622 per day , Supramax / US$ 7,654 per day and Handy size / US$ 6,587 per day.

The futures for three years (2013-2015) was at around Cape / US$ 13,500 per day, Panamax / US$ 9,000 per day, Supramax / US$ 9,500 per day , Handy size / US$ 8,000 per day.

The supramax index in the feast (S8 route) was fairly steady closing at US$ 8,660 per day .The route S7 was also fairly steady closing at US$ 5,198 per day .  The freight market is expected to be steady this week.

The Brent crude oil prices was up and closed at US$ 111.45  per barrel. The bunker prices closed higher at US$ 627.50 pmt ( IFO 380 CST ex Singapore on 4th Jan 2013).

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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Recent News

Tuesday, 12 February 13
GOVERNMENT DECLARED INDONESIAN THERMAL COAL PRICE INCHES UP IN FEBRUARY
COALspot.com -  The Indonesian government has declared bench mark price for coal has moved upwards in February 2013. The monthly coal refere ...


Monday, 11 February 13
NEWCASTLE PORT SHIPPED 23.01 PERCENT MORE COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,967,761 MT of thermal and coking coal for week ended  0700 hours 11 February 2013, Newc ...


Sunday, 10 February 13
INDONESIA SUB-BIT SWAPS: "UP" - CFR SOUTH CHINA SWAPS: "DOWN"
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Sunday, 10 February 13
DRY BULK OVERSUPPLY OF TONNAGE SEEN WANING IN THE COMING MONTHS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It seems that the tide could be shifting in the dry bulk market, in terms of tonnage oversupply, according to the latest data figures. This could ex ...


Sunday, 10 February 13
HIGHER BUNKER PRICE PUSHES SEA FREIGHTS FIRM - REDDY
COALspot.com - The freight market was soft and all at same levels with Chinese year holidays next week. The BDI was slightly down by 0.27 pct ad ...


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