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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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Tuesday, 01 October 13
DRY BULK MARKET POISED FOR RETREAT ON CHINA HOLIDAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The start of a national weeklong in China as of Tuesday is expected to put a lid in the latest rally of the dry bulk freight market, as has always b ...
Monday, 30 September 13
NEWCASTLE'S COAL EXPORT VOLUME CONTINUES TO SLIP
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port fell 8.38 per cent week on week to 2.67 million mt fo ...
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 to ...
Sunday, 29 September 13
API 8 CFR SOUTH CHINA COAL Q3 2014 DELIVERY SWAP GAINED $1.19 M-O-M
COALspot.com : SGX has launched API 8 CFR South China Coal Swap on 29 April 2013 and SGX replaced the previous swap.
API 8 CFR South China Coal s ...
Sunday, 29 September 13
SUB-BIT INDONESIA COAL SWAP FELL ON MONTH AND WEEK
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q4 2013 delivery fell 3.93 percept month on month on Friday 27 September 2 ...
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- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- PTC India Limited - India
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- The University of Queensland
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- White Energy Company Limited
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Independent Power Producers Association of India
- Economic Council, Georgia
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
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