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Sunday, 15 June 14
COAL FREIGHT RATES FALL FURTHER ON LACK OF DEMANDS - CAPT. REDDY
COALspot.com: The BDI softened this week as all segments fell this week. The Panamax sector being most affected. The Cape index was down 3.51 pct week on week and closed at 1730 points. The Panamax index was lost almost 20 points and closed at 582 points while the Supramax index was down 6.73 pc closed at 748 points for the same period. The Handysize index lost 4.57 pct and closed at 459 points.
In the Far East/SE Asia, the charter rates for supramax was soft and Supramaxes were reported fixed at around US$ 11,000 per day delivery Indonesia for a trip to India. Panamax rates were also weak this week with charter rates around US$ 6,000 for a trip to India. Freight rates expected to be flat to weak next week too.
The average charter rate was at Cape/US$ 13,050 per day , Panamax/US$ 4,670 per day , Supramax/US$ 7,822 per day and Handy size/US$ 6,833 per day.
The futures for three years (2015-2017) was at around Cape/US$ 20,000 per day, Panamax/US$ 11,000 per day, Supramax/US$ 11,000 per day , Handysize/US$ 10,000 per day.
The route S8 route continued to soften and was down by 12.01 pct closing at US$ 7,072 per day (last week US$ 8,038 per day). Freight rates from Indonesia to India is expected to be flat to soft.
The Brent crude oil prices firmed up due to Iraq unrest and was up by 4.24 pct closing at 113.41per barrel (last week US$ 108.79 per barrel). The bunker prices also firmed and closed at US$ 614.00 pmt (IFO 380 cst ex Singapore on 13th June 2014).
Baltic Dry Index - DOWN
Cape index - DOWN
Panamax index - DOWN
Supramax index - DOWN
Handy index: - DOWN
(as of week ended 13 June 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)
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Friday, 23 May 14
DRY BULK NEWBUILDING CANCELLATIONS COULD HELP SUPPORT MARKET IN THE COMING WEEKS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market's demise over the past few months maybe has come as a surprise to many, but analysts and shipbrokers are looking forward to ...
Thursday, 22 May 14
HEAR SUCCESSFUL CASE STUDIES FROM 10 INDEPENDENT UNCONVENTIONAL GAS OPERATORS
Unconventional Gas Asia 2014 will provide a unique opportunity for Asia’s unconventional gas leaders to share their experience and expertise ...
Thursday, 22 May 14
CNPC-GAZPROM DEAL A MEDIUM - TERM POSITIVE FOR CHINA'S GAS SECTOR
Fitch Ratings says a 30-year deal in which Russia's OAO Gazprom (BBB/Negative) will supply gas to China National Petroleum Corporation (CNPC; A ...
Thursday, 22 May 14
CAPESIZE : RATES ARE STILL UNDER PRESSURE
Handy
A quiet start into the week in Far East, some fresh Indonesian coal order in the market. For trips within S.E. Asia, Supras are trading aro ...
Wednesday, 21 May 14
SHIPPING: MARKET INSIGHT - GEORGE LAZARIDIS
The recent revision by the OECD of its global growth forecast has sparked a debate as to the potential outcome these new figures will have on seabo ...
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- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- SMC Global Power, Philippines
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Latin American Coal - Colombia
- VISA Power Limited - India
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Australian Coal Association
- Ministry of Finance - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
- Vijayanagar Sugar Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
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