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Sunday, 21 September 14
CAPE INDEX LOST 17% W-O-W ; BALTIC DRY PLUNGES 106 POINTS
COALspot.com: This week the freight market softened a bit compared to last week.
BDI fell 8.97% week on week and closed BDI at 1075 points on Friday as the capesize segment incurred more losses. The capesizes experiencing major downsides or lost 17.00% and closed at 2112 points.
The Panamax index also followed capesize direction and lost 7.00%. Panamax Index was closed at 814 points compared to last week closing of 875 points. The supramax and handy size indices were however, up slightly week on week and closed at 1029 points and 498 points respectively.
In the Far East/SE Asia, the coal shipments were steady and the freight rates were also firm on Supramax and Panamax. Larger supramax vessels were rating around US$ 12,000 per day passing Singapore. Freight rates are still expected to be steady for next few weeks.
The average charter rates for Cape at US$ 13,823 per day, Panamax at US$ 6,527 per day, Supramax at US$ 10,764 per day and Handy size at US$ 7,320 per day.
The futures for three years (2015-2017) were around US$ 19,000 per day capes, US$ 10,500 per day for Panamaxes, US$ 11,000 per day for Supramaxes and US$ 9,500 per day for handy size vessels.
The route S8 route for supramax was slightly up and closed at US$ 8,617 per day (last week US$ 8561 per day) after gaining 0.65% week on week. Freight rates from Indonesia to India is expected to be steady next week.
The Brent crude oil prices was almost at same levels closing at US$ 97.70 per barrel (last week US$ 97.11 per barrel). The bunker prices softened closing at US$ 570.00 pmt (IFO 380 cst ex Singapore on 19th Sept 2014).
Baltic Dry Index - DOWN
Cape index - DOWN
Panamax index - DOWN
Supramax index - UP
Handy index - UP
(as of week ended 19 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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Wednesday, 08 October 14
OIL COULD FALL TO USD80 BEFORE SHALE SUPPLY RESPONSE - FITCH
COALspot.com: Brent oil could fall as low as USD80 a barrel before triggering a self-correcting supply response with shale-oil drillers cutting inv ...
Wednesday, 08 October 14
IS THERE ANY BRIGHT SIDE ON THE DRY BULK SEGMENT? - YANNIS OLZIERSKY
In the movie “Life Of Brian”, a character on a nearby cross was singing the famous “Always look on the bright side of life” ...
Tuesday, 07 October 14
TAIPOWER TO IMPORT 525K MT OF LOW ASH AND EXTRA LOW SULFUR SUB-BITUMINOUS COAL
COALspot.com: Taiwan Power Company intends to procure 525,000 metric tons of low ash and extra low sulfur sub-bituminous coal for Taipower thermal ...
Tuesday, 07 October 14
SUB-BIT FOB INDONESIA COAL SWAP SHOWS A FLAT TO WEAK TREND THIS PAST WEEK
COALspot.com: Indonesian coal swaps November 2014 delivery flat week on week and gained US$ 0.10 (-0.20%) per mt day on day. The swap also lost US$ ...
Tuesday, 07 October 14
THE RIO TINTO CONFIRMS THAT NO DISCUSSIONS ARE TAKING PLACE WITH GLENCORE
COALspot.com: The board of Rio Tinto notes the recent press speculation regarding a possible combination of Rio Tinto and Glencore.The Rio Tinto bo ...
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- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Commonwealth Bank - Australia
- Gujarat Sidhee Cement - India
- ICICI Bank Limited - India
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
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