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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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Friday, 06 September 13
DRY BULK MARKET REACHES NEW YEAR-HIGHS ON THE BACK OF INCREASED CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been on the rise once again, but this time around any new increase of freight rates translates into new year-highs, thus bri ...
Friday, 06 September 13
US PRODUCED APPROXIMATELY 90.80 MMST OF COAL IN AUGUST
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 20.90 million short tons (mmst) of ...
Thursday, 05 September 13
INDONESIAN COAL EXPORTS UP BY 6.72 PERCENT IN JULY
COALspot.com: Indonesia, the world's largest multi grade coal exporter shipped 35.268* million tons of coal in July 2013. Indonesian coal exp ...
Thursday, 05 September 13
HANDY: NICKEL ORE WAS PUSHING THE FAR EAST MARKET - FEARNLEYS
Handy
Nickel Ore was pushing the Feast market, several ships were fixed from low teens to $14k. Indo/India was still supported by bauxite, while th ...
Thursday, 05 September 13
DRY BULK MARKET ON A HIGH ROLL, MAINLY THANKS TO CAPESIZE APPETITE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize owners have been rejoycing on the back of renewed optimism for the further rise in the dry bulk market's freight rates, especially when on ...
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- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Central Electricity Authority - India
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- The University of Queensland
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- The Treasury - Australian Government
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
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