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Monday, 10 March 14
THE FREIGHT MARKET WAS QUITE FIRM THIS PAST WEEK
COALspot.com: The freight market was quite firm this past week with BDI sharply increased by 22.65 pct week on week and closed at 1543 points, while cape index saws some strong activity and was very firm for the same period. Cape index was up by 22.52 pct closed at 2980 points.
However the Panamax index fell 2.18 pct week on week and index was closed at 1075 points, 24 point lower than last week closing. The supramax index continued its strong trend and was up by 2.54 pct and closed at 1131 points. The handy size index was almost steady closed at 663 points week on week.
In the Far east/SE Asia the charter rates on supramax firmed up and most vessels were rating around US$ 16,000 per day passing Singapore and US$ 14-15000 per day for delivery South China for trip to India. Some vessels were keen to go to WC India and were offering some discount for calling WC India. Panamax rates remained almost steady and expected see the charter rates strengthening up due to strong Cape charter rates.
Freight rates expected to be firm this week from Indonesia to India.
The average charter rates was at Cape/US$ 24,243 per day , Panamax/US$ 11,831per day , Supramax/US$ 11,831 per day and Handy size/US$ 9654 per day.
The futures for three years (2014-2016) was at around Cape/US$ 25,000 per day, Panamax/US$ 13,500 per day, Supramax/US$ 13,500 per day , Handy size/US$ 10500 per day.
The route S8 route was up this week by 9.94 pct and closed at US$ 12533 per day (last week US$ 11400 per day ) with the freights rates from Indonesia to India being fairly firm.
The Brent crude oil prices was almost at same levels and closed at US$ 109.00 per barrel (last week US$ 109.07 per barrel). The bunker prices was steady and closed at 598.00 pmt (IFO 380 cst ex Singapore on 7th March 2014).
Baltic Dry Index - UP
Cape index - UP
Panamax index - DOWN
Supramax index - UP
Handy index: - UP
(as of week ended 7 March 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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Saturday, 08 March 14
LETTERS OF INDEMNITY - SKULD
KNOWLEDGE TO ELEVATE
In today's trading market, owners are frequently requested to accept a letter of indemnity (LOI) in exchange for complying ...
Friday, 07 March 14
DRY BULK MARKET TO BENEFIT FROM CHINA'S GDP GROWTH TARGET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
With the dry bulk market freight rates finally making waves, China's aim of 7.5% GDP growth for 2014 mean once again positive news for the shipping ...
Friday, 07 March 14
RBCT, WORLD'S LARGEST COAL EXPORTING TERMINAL SHIPPED 1.78% LESS COAL MONTH ON MONTH
COALspot.com: South Africa's Richards Bay Coal Terminal (RBCT) the single largest export coal terminal in the world, shipped 4.487 million tons of ...
Friday, 07 March 14
INDONESIA SHIPPED 7% LESS COAL IN JANUARY 2014 COMPARED TO ITS DECEMBER EXPORTS
COALspot.com: Indonesia, the world 4th largest coal producer and the Global largest multi grade coal exporter shipped around $1.8* billion ...
Friday, 07 March 14
INDONESIA TO PRODUCE 421 MMT OF COAL IN 2014
Coalspot.com: Indonesia finally agreed to increased 2014 coal output by as much as 6 percent to 421 million metric tons from its previous plan, a se ...
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Showing 3811 to 3815 news of total 6871 |
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- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Planning Commission, India
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Videocon Industries ltd - India
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
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