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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

Monday, 28 January 13
BAYAN RESOURCES TO SELL 18 MILLION TONS OF COAL TO GNPOWER MARIVELES COAL PLANT
Publicly-listed PT Bayan Resources announced on Friday that it had signed an agreement on coal sales with Philippine-based GNPower Mariveles Coal Pl ...


Sunday, 27 January 13
CFR SOUTH CHINA COAL SWAPS: WEAK
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery has gained 0.31 percent and CFR South China coal shipment&nbs ...


Sunday, 27 January 13
FREIGHT MARKET: FLAT TO SOFT - VISTAAR
COALspot.com - The freight market was soft and all the indices were down except for handy size. The BDI was down 4.66 pct closing at 798 points.. ...


Friday, 25 January 13
BOTSWANA GOVERNMENT GRANTS COAL LICENSES TO A-CAP RESOURCES LIMITED
A-Cap Resources Limited has announced that it has been granted coal rights within its Bolau tenements which sit next to the Sese Coal and Power Proj ...


Friday, 25 January 13
SMALL ROOM FOR OPTIMISM FOR THE PROSPECTS OF THE DRY BULK MARKET AS NET FLEET GROWTH IS SLOWING DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the fact that the dry bulk market didn't manage to post a rebound during the past year, quite the opposite, as a fast fleet growth and slow ...


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