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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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Sunday, 23 March 14
THE COAL FREIGHT RATES SEEN SLIGHTLY FIRMING UP THIS WEEK - REDDY
COALspot.com: The freight market firmed up this week. BDI was up 8.26 pct week on week and index was closed at 1599 points. The Cape index was u ...
Saturday, 22 March 14
SHIP OWNERS INVEST $15 BILLION FOR NEWBUILDINGS AND SECONDHAND VESSELS DURING FEBRUARY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners have kept on their aggressive stance in the investment scene both for newbuildings, as well as for secondhand vessels globally durin ...
Friday, 21 March 14
DRY BULK MARKET STAYS ON RECOVERY MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has reached new year heighs, as a result of renewed Capesize demand. The Baltic Dry Index (BDI) ended yesterday's sessio ...
Friday, 21 March 14
US COAL PRODUCTION UP 1.5%; WEST MISSISSIPPI COAL PRODUCTION DOWN 1.85% WEEK ON WEEK
COALspot.com – United States the world's second largest coal producer, produced approximately 19.0 million short tons (mmst) of coal i ...
Friday, 21 March 14
MERCURIA ANNOUNCES ACQUISITION OF J.P. MORGAN PHYSICAL COMMODITIES BUSINESS
COALspot.com: Mercuria Energy Group announced that it has reached a definitive agreement with J.P. Morgan Chase & Co. to acquire its physica ...
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- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- PTC India Limited - India
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- Larsen & Toubro Limited - India
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Vedanta Resources Plc - India
- White Energy Company Limited
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- London Commodity Brokers - England
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- The University of Queensland
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
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