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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 on week.
The cape index was also heavily fell by 22.42 pct and index is closed at 1,789 points. The Panamax index seemed to have reached the bottom down and lost 4.86 pct week on week and closed at 782 points. The Supramax and handy size indices were down by about 7 pct closing at 927 points and 556 points respectively.
In the Far East/SE Asia the charter rates for supramax continued to be weak and most vessels were rating around US$ 13-14,000 per day passing Singapore, but charterers were rating lower than owners rating.
Panamax rates were also continued to lost ground as owners rating around US$ 9,000 per day delivery South China. Freight rates are expected to be soft next week.
The average charter rates was at Cape/US$ 11,042 per day , Panamax/US$ 6,312 per day , Supramax/US$ 9,696 per day and Handy size/US$ 8,282 per day.
The futures for three years (2014-2016) was at around Cape/US$ 23,000 per day, Panamax/US$ 12,500 per day, Supramax/US$ 12,500 per day , Handy size/US$ 10,000 per day.
The route S8 route softened further and fell 6.05 pct week on week and closed at US$ 10,033 per day (last week US$ 10,679 per day ). A weak trend is expected for freight rates from Indonesia to India next week.
The Brent crude oil prices was slightly up by 0.57 pct and closed at US$ 107.33 per barrel (last week US$ 106.72 per barrel). The bunker prices was slightly up and closed at 587.50 pmt (IFO 380 cst ex Singapore on 11th April 2014).
Baltic Dry Index - DOWN
Cape index - DOWN
Panamax index - DOWN
Supramax index - DOWN
Handy index: - DOWN
(as of week ended 11 April 2014 (week on week))
Click here for Vistaar Shipping Services (India) Private Ltd forecasts (subject to terms, conditions & Disclaimer clauses) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)
The freight forecasts and information provided by Vistaar Shipping Services (India) Private Ltd , India in this report (including suprmax & Panamax freight forecasts) is provided for information purposes only. No claim is made as to accuracy of the content in this report at any time. Vistaar Shipping Services (India) Private Ltd, 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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Thursday, 08 May 14
'TRIAL BY MEDIA, TRIAL BY LAW' - A REPORT FROM TRACK 1 OF BIMCO'S ANNUAL CONFERENCE DUBAI 2014
KNOWLEDGE TO ELEVATE
Aiming to bring a very different type of event into their annual conference, BIMCO presented ‘Double Jeopardy &n ...
Thursday, 08 May 14
INDONESIAN COAL PRICE REFERENCE IN MAY CRASHES THROUGH $74
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has revised down again the coal bench mark price by US$ 1.21 / MT to ...
Wednesday, 07 May 14
THE DRY BULK MARKET HAS NOTED ANOTHER WEEKLY POSITIVE GAIN
Chartering (Wet: Softer- / Dry: Stable+)
The Dry Bulk market has noted another weekly positive gain, driven by the Capesize segment, but we ne ...
Wednesday, 07 May 14
SGX ENHANCES ITS COMMODITIES PRODUCT OFFERING
COALspot.com: SGX is building up its bulk commodity product offerings with 9 more derivative contracts over the next 2 months, subject to regula ...
Tuesday, 06 May 14
NEWCASTLE COAL EXPORT SLIPS 7.92% WEEK ON WEEK
COALspot.com: In the week ended 07:00 hours 5 May 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland ...
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- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Australian Coal Association
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
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