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Sunday, 14 September 14
FREIGHT RATES RALLY AS DEMAND INCREASED
COALspot.com: The Baltic Dry Index (BDI) is a number (in US$) issued daily by the London-based Baltic Exchange up 2.25 percent week on week. BDI closed at 1,181 points on 12 September.
The cape index was also up 2.53 pct for the same period and closed at 2,546 points. In the meantime, Panamax index was slightly softened or lost 6.01 percent week over week and closed at 875 points.
The supramax and handy size indices were almost at same levels or up just 1 percent. Supramax closed at 1006 points and Handy size closed at 477 points week over week.
In the Feast/SE Asia, the coal shipments were steady and the freight rates were up for Supramax and Panamax loading and expected to be continued the trend. Larger Supramax vessels were rating around US$ 12,500-13,000 per day passing Singapore.
Freight rates are expected to be firm for next few weeks.
The average charter rate for cape was at US$ 17,470 per day, Panamax was at US$ 7,013 per day, Supramax was at US$ 10,519 per day and Handy size was at US$ 7,046 per day.
The futures for three years (2015-2017) were at around US$ 20,000 per day for Cape, US$ 11,000 per day for Panamax, US$ 11,500 per day for Supramax and US$ 9,500 per day for Handy size.
The route S8 route for supramax continued to firm, up 6.43 pct week on week and closed at US$ 8561 per day (last week US$ 8044 per day). Freight rates from Indonesia to India is expected to be firm next week.
The Brent crude oil prices slightly softened down by 3.68 pct closing at US$ 97.11 per barrel (last week US$ 100.82 per barrel). The bunker prices also softened closing at US$ 580.00 pmt (IFO 380 cst ex Singapore on 12th Sept 2014).
Baltic Dry Index - UP
Cape index - UP
Panamax index - DOWN
Supramax index - UP
Handy index - UP
(as of week ended 12 Spetember 2014 (week on week changes))
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 information provided by Vistaar Shipping Services (India) Private Ltd , India 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. 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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Friday, 10 October 14
INDONESIA TO DEVELOP DOWNSTREAM COAL INDUSTRY - JP
The government is planning to launch a program to develop the downstream coal industry to increase the commodity’s added value, an official h ...
Friday, 10 October 14
U.S. PRODUCED 83.2 MMST OF COAL IN SEPTEMBER, SAYS EIA
COALspot.com – United States the world's one of largest coal producers, produced approximately 18.6 million short tons (mmst) of coal in ...
Thursday, 09 October 14
CAPESIZE MARKET HAS CONTINUED TO SHOW WEAKNESS - FEARNLEYS
Handy
We mentioned last week that after several weeks of rate increase for the Supras, the bigger Panamaxes started to snap up better paying Supr ...
Thursday, 09 October 14
SHIPPING REMAINS CHALLENGED AS GLOBAL GROWTH DISAPPOINTS - BIMCO
The global shipping industry finds no grace from much stronger economic activity going forward, as the global recovery remains fragile and uneven. ...
Wednesday, 08 October 14
CAPES RATE FOR THE W. AUSTRALIA TO CHINA VOYAGE MOVED TO BELOW $8/MT - INTERMODAL
The Dry Bulk market remained under pressure last week, with rates for Capes remaining on the red while those for Panamaxes managed to outperform th ...
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- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Manunggal Multi Energi - Indonesia
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- The University of Queensland
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- Planning Commission, India
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
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