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Sunday, 06 October 13
DRY BULK FREIGHT MARKET STAYS STEADY IN SPITE CHINESE HOLIDAYS - SOLYM CARRIERS SINGAPORE
COALspot.com: The freight market continued to remain firm in spite of Chinese holidays.
The BDI closed at 2,084 points on Friday 4 October or up 1.85 % from last week. The cape index was slightly down 0.60 % and closed at 3,943 points for the same period. The Panamax index was also up by 6.33 % and reached 1914 points week ended 4 October 2013. The supramax and handysize indices increased 4.11 % and 2.52 points respectively week on week.
The Panamax and Supramax charter rates were quite firm in Far East and SE Asia. Owners were holding onto their rates and seem to get their expected levels. Charter rates from Indonesia to India was at around $ 12,000 per day delivery South China and were demanding a premium to go to WC India.
"The cape charter rates remained firm due the strong iron ore demands from China", said capt. Reddy of Solym Carriers Singapore. According to Reddy, the freight market is expected to remain firm next week with the Chinese back from Holidays.
The average charter rate was at Cape/$ 37,799 per day , Panamax/$ 15,350 per day , Supramax/$ 11,643 per day and Handy size/$ 8684 per day.
The futures for three years (2014-2016) was at around Cape/$ 18,500 per day, Panamax/$ 11,500 per day, Supramax/$ 10,500 per day , Handy size/$ 9,000 per day.
The supramax index in the far east (S8 route) was up by 5.30 % and closed at US$ 11,344 per day (last week $ 10,773 per day). The route S7 was at same levels and closed at $ 7,875 per day. The freight market in this sector is expected to be firm next week.
The Brent crude oil price was slightly up by 0.76 and closed at $ 109.46 per barrel (last week $ 108.63 per barrel). The bunker prices was up and closed at 618.00 pmt (IFO 380 cst ex Singapore on 4th Oct 2013).
Baltic Dry Index - UP
Cape index - DOWN
Panamax index - UP
Supramax index - UP
Handy index: - UP
(as of week ended 4 October 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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Sunday, 10 November 13
PANAMAX COAL FREIGHT RATES REMAIN UNDER PRESSURE; SUPRAMAX BIGGEST GAINER - REDDY
COALspot.com: The freight market was up this week with all indices increased except for Panamax index.
The BDI was up by 56 points closing at 158 ...
Friday, 08 November 13
DRY BULK MARKET BOUNCES BACK ON RENEWED DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market staged a mild comeback this week, as the industry's benchmark, the Baltic Dry Index (BDI) inched forward step by step and bit b ...
Friday, 08 November 13
US'S OCTOBER COAL PRODUCTION INCREASED BY 1.78% M-M - EIA
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.3 million short tons (mmst) of coal in ...
Thursday, 07 November 13
FORMOSA PLASTICS SEEKS 80K MT OF 5850 GAR COAL
COALspot.com: Taiwan's Formosa Plastics Group is inviting bids for 80,000 mt of bituminous coal for delivery in Nov - Dec'13 for its Chi ...
Thursday, 07 November 13
INDONESIAN COAL EXPORT VOLUME INCREASED; REVENUE DECREASED
COALspot.com: Indonesia, the 15th largest economy, 4th largest coal producer in the world and world's largest multi grade coal exporter shipp ...
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- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- PetroVietnam Power Coal Import and Supply Company
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Parliament of New Zealand
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Thai Mozambique Logistica
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
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