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Sunday, 02 March 14
THE FREIGHT MARKET WAS STEADY TO FIRM THIS PAST WEEK - CAPT. REDDY
 COALspot.com: The freight market was steady to firm this past week. The BDI was up 7.06 pct and closed at 1258 points and the cape index was also firm up by 22.52 pct closed at 2084 points week on week.
The panamax index continued its slow down and fell 11.65 pct closed at 1099 points. The Supramax index was almost at same levels closing at 1103 points. The handysize index was almost steady closing at at 699 points.
In the Far east/SE Asia the charter rates on supramax firmed up and most vessels were rating around US$ 10,000 per day DOP Mid China and generally the freight market from Indonesia to India and china had firmed up this past week. The freight rates expected to remain firm next week too.
The average charter rates was at Cape/US$ 14,296 per day , Panamax/US$ 8,848 per day , Supramax/US$ 11,530 per day and Handy size/US$ 9,684 per day.
The futures for three years (2014-2016) was at around Cape/US$ 22,000 per day, Panamax/US$ 13,000 per day, Supramax/US$ 12,500 per day , Handy size/US$ 10,000 per day.
The route S8 route was up this week by 8.68 pct and closed at US$ 11,400 per day (last week US$ 10489 per day ) week on week with the freights rates from Indonesia to India being fairly firm. Panamax and Supramax vessels opening EC India were seen ballasting towards Singapore or to EC South America.
The Brent crude oil prices was almost at same levels and closed at US$ 109.07 per barrel (last week US$ 109.85 per barrel). The bunker prices was steady and closed at 604.50 pmt (IFO 380 cst ex Singapore on 28th Feb 2014).
Baltic Dry Index - UP
Cape index - UP
Panamax index - DOWN
Supramax index - UP
Handy index: - DOWN
(as of week ended 28 Feb 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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Monday, 14 April 14
CHINA'S MEASURES TO STIMULATE ECONOMY'S GROWTH COULD OFFER ROOM FOR STABILITY IN SHIPPING MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Since the outbreak of the 2008-crisis, the shipping industry, in most of its aspects, i.e. dry bulk and tanker markets alike, has been dealing w ...
Sunday, 13 April 14
INDONESIA TO INDIA FREIGHT MARKET DECLINE CONTINUES
COALspot.com: The freight market continued to drop this week and BDI almost touched 1000 points. BDI closed at 1002 points fell 16.85 pct week o ...
Saturday, 12 April 14
HOW DO YOU CALCULATE LOSS OF EARNINGS FOLLOWING A COLLISION? - INCE & CO
KNOWLEDGE TO ELEVATE
The recent case of Astipalaia vs Hanjin Shenzhen [2014] EWHC 120 (Admlty) has revisited the existing case law on asses ...
Friday, 11 April 14
US COAL PRODUCTION IN MARCH INCREASED 9.69% TO 82.6 MMST MONTH ON MONTH
COALspot.com – United States the world's second largest coal producer, produced approximately 19.10 million short tons (mmst) of coal ...
Thursday, 10 April 14
DRY BULK MARKET IS RISING CLAIMS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the recent fall of the Baltic Dry Index (BDI), when one compares the first quarter of 2014, to similar quarters of the recent past, it i ...
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- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Planning Commission, India
- Chamber of Mines of South Africa
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Eastern Coal Council - USA
- The Treasury - Australian Government
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
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