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Monday, 03 February 14
COAL FREIGHT RATES REMAIN UNDER PRESSURE
COALspot.com: The BDI is fell 50 pct over last one month which seems to be one of the lowest fall in last few years.
The BDI was down by 11 pct closing at 1,110 points week on week and the cape size continued to drop down by 19.37 pct closing at 1,524 points for the same period. The panamax and supramax was down by about 11 pct closing at 1,137 points and 996 points respectively comapred to last Friday's cloasing. The handy size followed its big sisters trend and index was down by 3.93 pct closing at 684 points.
In the Far east/SE Asia the supramax charter rates continued its north direction and ships were reported fixed as low at US$ 5,000 + Ballast bonus $50,000 delivery Kalimantan for trip to India. The Pananamx seemed to hold fairly well and ships were being around US$ 8,000-9,000 per day for round voyage. Also several Panamax were reported fixed delivery India / Far east region for trip via ECSA at around US$ 14,000-15,000 DOP.
The supramax spot freight rates from Indonesia to EC India around US$ 8.50 pmt. The freight market is expected to be soft for next week and hopefully there will be some recovery by mid February, according to Capt. Reddy of Solym Carriers Singapore.
The average charter rates was at Cape/US$ 8,263 per day , Panamax/US$ 10,663 per day , Supramax/US$ 10,410 per day and Handysize/US$ 9804 per day.
The futures for three years (2014-2016) was at around Cape/US$ 19,000 per day, Panamax/US$ 12,500 per day, Supramax/US$ 12,500 per day , Handy size/US$ 10,000 per day.
The Brent crude oil prices was down by 1.34 pct and closed at US$ 106.40 per barrel (last week US$ 107.85 per barrel). The bunker prices was steady and closed at 624.00 pmt (IFO 380 cst ex Singapore on 31st Jan January 2014).
Baltic Dry Index - DOWN
Cape index - DOWN
Panamax index - DOWN
Supramax index - DOWN
Handy index: - DOWN
(as of week ended 31 JAN 2014 (week on week))
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, 14 March 14
US, THE WORLD'S SECOND LARGEST COAL PRODUCER MINED 75.3 MMST OF COAL IN FEBRUARY; DOWN 10.88% M-M
COALspot.com – United States the world’s second largest coal producer, produced approximately 18.7 million short tons (mmst) of coal ...
Thursday, 13 March 14
HANDY: THE FAR EAST MARKET IS IN AN UPWARD TREND - FEARNRESEARCH
Handy
Atlantic is a bit under pressure for spot tonnage, but the underlying sentiment is positive for the short medium future. 2-3 legs are do ...
Thursday, 13 March 14
MARKET INSIGHT - CHRISTOPHER T. WHITTY
By Christopher T. Whitty
Marketing Manager
Cotzias Intermodal Shipping Inc.
During the last year we have noticed that a fair number of ...
Wednesday, 12 March 14
ADARO ENERGY IMPROVES EFFICIENCY AND GENERATED STRONG EBITDA IN 2013
COALspot.com: PT Adaro Energy Tbk, Indonesia's single largest coal miner posted revenue of US$ 3.28 billion and cost of revenue of US$ 2.54 ...
Wednesday, 12 March 14
DGOMC OF INDONESIA REVISED DOWN THE BENCHMARK PRICES FOR COAL BY 4.26% IN MARCH
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has revised down the government's declared coal bench mark price ...
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- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Marubeni Corporation - India
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
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