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Sunday, 20 April 14
FREIGHT RATES END WEEK ON WEAK NOTE - VISTAAR
Wish you all Happy Easter.
The freight market continued to its downwards as BDI was fell 7.187 percent to 930 points week on week.
The cape size index also followed BDI and closed at 1591 after losing 11.06 percent week on week. The Panamax index seemed to have bottomed out and was slightly up by 3.83 pct and closed at 812 points for the same period. The Supramax and handy size index were down by about 2.05 pct and 4.13 pct closing and 908 points and 533 points respectively.
In the Far East/SE Asia, the Supramax charter rates continued to be soft and most vessels were rating around US$ 12,000 per day passing Singapore, but charterers were rating lower than US$ 12K. Panamax rates were also continued to be soft with owners rating around US$ 8,500 per day delivery South China. Freight rates are expected to be follow same trend next week.
The average charter rates were at Cape/US$ 8,831 per day , Panamax/US$ 6,539 per day , Supramax/US$ 9,496 per day and Handy size/US$ 7,928 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 was down by 3.75 pct closing at US$ 9,656 per day (last week US$ 10,033 per day ). Freight rates from Indonesia to India is expected to be soft next week.
The Brent crude oil prices was slightly up by 2.05 pct and closed at US$ 109.53 per barrel (last week US$ 107.33 per barrel). The bunker prices was slightly up and closed at 590.00 pmt (IFO 380 cst ex Singapore on 17th April 2014).
Baltic Dry Index - DOWN
Cape index - DOWN
Panamax index - UP
Supramax index - DOWN
Handy index: - DOWN
(as of week ended 17 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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Monday, 07 April 14
API 8 CFR SOUTH CHINA COAL SWAPS GAINED 2.09% M-O-M
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries gained 2.09 percent month on month and closed at US$ 75.68 per ...
Sunday, 06 April 14
THE FREIGHT MARKET KEEPS SLIDING
COALspot.com: The freight market continued to drop this week. The BDI (Baltic Dry Index) is a widely followed metric that reflects the overall r ...
Friday, 04 April 14
UNITED STATES COAL OUTPUT UP 5.4% IN PAST WEEK
COALspot.com – United States the world's second largest coal producer, produced approximately 19.9 million short tons (mmst) of coal i ...
Thursday, 03 April 14
PANAMAX SECTOR IS WATCHING A SEVERE DROP IN RATES - FEARNLEYS
Handy
A further weaker sentiment for the Supras as well in both hemispheres this week with oversupply of tonnage being the major headline. Tra ...
Wednesday, 02 April 14
CHINA: ARBITRATION CLAUSES IN BILLS OF LADING UNDER CHINESE LEGAL PRACTICE - SKULD
KNOWLEDGE TO ELEVATE
Successful incorporation of a charterparty arbitration clause into the bills of lading is not a straight forward matte ...
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- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Planning Commission, India
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
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