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Monday, 30 September 13
PANAMAX CHARTER RATES TOUCHING US$ 18K FOR A TRIP TO NOPAC - CAPT. REDDY
COALspot.com : The freight market continued to remain firm, BDI and the Panamax index up week ended 27 September 2013.
The cape index was fell towards second half of the week and ended 1.27 pct lower and closed at 3,967 points but the BDI was up by 7.45 pct and closed at 2046 points on 27 September 2013.
The biggest gain was in the Panamax index this week which jumped 23.88 pct week on week and closed at 1,800 points. The supramax also followed Panamax trend, up almost 11 pct and closed at 1069 points. The handy size index was also up by 6.45 pct closed at 594 points.
There was acute shortage of tonnage in the supramax sector mainly from Indonesia to India as many owners preferred short period or 2/3 Laden legs. The Panamax charter rates were also quite firm with charter hire touching US$ 17000-18000 per day for trip to NOPAC.
“The tight on tonnages and firm freight rates are expected to continues this week”, said Capt. Reddy of Solym Carriers Pte Ltd, Singapore. But he also said that, “the cape charter rates are trying to come down and if that continues expect that Panamax charter rates also would soften in due course.”
The average charter rates was at Cape/US$ 38,023 per day , Panamax/US$ 14,436 per day , Supramax/US$ 11,179 per day and Handysize/US$ 8,473 per day.
The futures for three years (2014-2016) was at around Cape/US$ 18,500 per day, Panamax/US$ 11,500 per day, Supramax/US$ 10,500 per day , Handysize/US$ 9,000 per day.
The supramax index in the far east (S8 route) was up by 8.94 pct and closed at US$ 10,773 per day (last week US$ 9,889 per day) .The route S7 was at same levels closing at US$ 7,875 per day (Last week US$ 7,875 per day) . The freight market in this sector is expected to be firm this week.
The Brent crude oil prices was slightly down by 3.15 pct and closed at US$ 108.63 per barrel (last week US$ 109.22 per barrel). The bunker prices also closed lower at US$ 611.00 pmt (IFO 380 cst ex Singapore on 27th Sept 2013).
Baltic Dry Index - UP
Cape index - DOWN
Panamax index - UP
Supramax index - UP
Handy index: - UP
(as of week ended 27 September 2013 (W-O-W))
Click here for Solym Singapore's forecasts (terms & conditions apply) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)
The information provided by SOLYM Carriers Pte Ltd, Singapore in this report is provided for information purposes only. No claim is made as to accuracy of the content in this report at any time. Solym Carriers Pte Ltd, Singapore 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, 17 September 13
BUMA PRODUCED 3.57 PERCENT MORE COAL IN AUGUST
COALspot.com: BUMA has removed totaled 25.20 million bcm of overburden to produce 2.90 million tons coal in August 2013. BUMI produced 3.07 percent ...
Tuesday, 17 September 13
NEWCASTLE PORT SHIPPED ABOUT 27 PERCENT MORE COAL WEEK ON WEEK
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 27.26 per cent week on week to 3.01 million mt for ...
Tuesday, 17 September 13
TAIPOWER INVITES BIDS FOR SUPPLY OF SUB-BITUMINOUS COAL
COALspot.com - Taiwan Power Company intends to procure 1.050 million tons of sub-bituminous coal for Taipower thermal power plant through open tende ...
Tuesday, 17 September 13
ORPHEUS SECURES SIGNIFICANT INFRASTRUCTURE DEAL THROUGH ACQUISITION OF SOUTH KALIMANTAN PORT CAPACITY
COALspot.com : Orpheus Energy Limited (ASX: OEG) of Australia has today announced that, it has executed a binding agreement with the proprietor of S ...
Monday, 16 September 13
WHAT RECOVERY MEANS FOR THE CAPESIZE MARKET - COMMODORE RESEARCH
COALspot.com: The simple fact that capesize rates have been able to increase above the $9,000/mark and become much more responsive to changes in car ...
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- Bhatia International Limited - India
- Georgia Ports Authority, United States
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Videocon Industries ltd - India
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
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