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Sunday, 15 February 15
BALTIC DRY INDEX CONTINUALLY DIPPED IN RED
COALspot.com: The Baltic Dry Index continues its decline and fell 5.18 pct to 530 points week on week due to falling commodity prices and declining import demand from China and particularly celebrations of Lunar New Year holidays next week. Most of the owners are hoping that the market would pick up after the Lunar New Year holidays and will have to wait to see how the market behaves.
In recent months, the dry bulk shipping industry is affected by numerous factors such as world economies’ slow growth and weak commodity demand. China’s economic growth rate impact dry bulk shipper’s movement as China is an important commodity market, which is the backbone of growth of shipping industry recent years. According to industry analysts, the world’s fleet of dry-bulk ships are far exceeding demand and estimated around 20% above demand over the past few years. Recovery of shipping industry has to go through rough sea in coming years to reach a safe destination.
The cape index is down nearly 8.56 percent over the past one week and closed at 630 points on 13 Friday 2015. The Panamax index was the only segment where the index was up 16.04 pct week over week and closed 499 points. The Supramax and Handy size index was also down and closed at 436 points (down by 17.73 pct) and 268 points (down by 10.96 pct) respectively on 13 Friday.
In the Far East/SE Asia the freight rates continued its decline this week and the Supramax charter rate delivery arrival load ports in Kalimantan were being rated at around $ 6,500 per day. In the meantime, Panamax charter rates were soft and ships were reported fixed delivery Indonesia around $ 4,000 per day for a trip to India below its break-even point. Freight rates are still expected to be weak on Supramax and Panamax in coming days.
The Cape average charter rates were reported at around $ 5,117 per day, far below its break-even point, Panamax is at around $ 3,984 per day , Supramax at $ 5,077 per day and Handy size/$ 4,021 per day.
The futures for three years (2015-2017) was reported at around $ 14,000 per day for Cape, $ 9,000 per day for Panamax, $ 9,000 per day for Supramax and Handy size at $ 7,500 per day.
The route S8 route for Supramax was declines 10.20% closing at $ 4,625 per day (last week $ 5094 per day). Freight rates from Indonesia to India is expected remain weak next week.
The Brent crude oil prices was up by 7.43 pct closing at $ 61.52 per barrel (last week $ 57.80 per barrel). The bunker prices was almost at same levels closing at 366.00 pmt (IFO 380 cst ex Singapore on 13th Feb 2015).
Baltic Dry Index (BDI) - DOWN
Cape index (BCI) - DOWN
Panamax index (BPI) - UP
Supramax index (BSI) - DOWN
Handy index - DOWN
(as of week ended 13 February 2015 (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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Monday, 15 June 15
API 5 FOB NEWCASTLE COAL SWAP: Q1'16 DELIVERY CLOSED 1.14% LOWER THAN Q4'15 DELIVERY PRICE
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery up $ 1.10 per MT (2.47%) month over month to US$ 45.67 per mt. The swap ...
Monday, 15 June 15
CFR SOUTH CHINA COAL SWAP: ROSE M-O-M; DECLINED W-O-W
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery rose US$ 1.43 (2.82%) per MT month over month.
A commodity swap is a ...
Sunday, 14 June 15
THE FREIGHT MARKET FINISHED THE WEEK UP COMPARED TO LAST WEEK
COALspot.com: The freight market finished the week up compared to last week. All the segments except for Cape index were up. Cape segment was ...
Friday, 12 June 15
EXPECTATIONS IN REGARDS TO THE SUMMER SEASON VARY ACROSS THE MARKET - INTERMODAL
The Dry Bulk market closed off last slightly up last week, with the BDI re-gaining the 600 points level, while the driving force behind the increas ...
Friday, 12 June 15
U.S. PRODUCED 15.1 MMST OF COAL THIS PAST WEEK - EIA
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 15.1 million short ...
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- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Mercator Lines Limited - India
- Australian Coal Association
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- PTC India Limited - India
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
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