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Monday, 12 October 15
BDI WEIGHED DOWN BY CAPE
 COALspot.com: The BDI (Baltic Dry Index) has come back down again this week. The BDI is a benchmark index used to assess the overall cost of moving dry bulks across ocean in the spot market.
On 9 October 2015, the Baltic Dry Index stood at 809, down 80 points (-9%) from last Friday.
The Cape size vessels is also experiencing weakness, dropping 382 points from 1931 points over the same period. The weakness in the Cape Index suggests high supply and weak demand, as a consequence, it’s dragging down the performance of the overall Baltic Dry Index this week.
However the Panamax index was up 8.56 per cent week over week to 761 points on 9 October 2015. The Supramax and Handy size indices were also weaken to 669 points (down 3.18 pct) and 380 points(down 3.06 pct) respectively for the same period.
The Supramax charter rate for Indonesia to India was rated at around US$ 7500 per day for a ship passing through Singapore this week. In the meantime, the Panamax vessels were rated at around US$ 6500 per day delivery Shanghai.
Freight rates are expected to be steady next week.
The Cape size average charter rates were reported at around US$ 9792 per day this week and US$ 6102 per day for Panamax. The Supramax and Handy size average charter rates were reported at around US$ 6995 and US$ 5506 per day respectively.
The three years (2015-2018) future were reported at around US$ 14000 per day for Cape (around US$ 4208 higher compared to spot average rates), US$ 8500 per day for Panamax (around US$ 2398 higher compared to spot average rates) , US$ 8500 per day (around US$ 1505 higher compared to spot average rates) for Supramax and for US$ 7000 per day (around US$ 1494 higher compared to spot average rates) for Handy size.
The S8 route for Supramax was shows a increase of 2.67 pct week over week to US$ 5536 per day compared to last week’s closing rate of US$ 5392 per day.
The Freight rates from Indonesia to India is expected to be soft next week.
The Brent crude oil prices was up 9.39 per cent week over week to US$ 52.65 per barrel (last week US$ 48.13 per barrel). The bunker prices was almost at same levels closing at US$ 253.50 pmt (IFO 380 cst ex Singapore on 9th Oct 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 9 October 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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Saturday, 31 October 15
ADARO ENERGY'S CORE EARNINGS DECLINE 21 PER CENT FOR THE NINE MONTHS PERIOD TO SEPTEMBER 2015
COALspot.com: Adaro Energy's core earnings decline 21% to US$228 Million for first 9months of this year compared to the same period last year. ...
Friday, 30 October 15
INDONESIA'S COAL EXPORTS DROP ON LOW PRICES - THE JAKARTA POST
Indonesia's coal exports significantly dropped in the first nine months of the year as coal companies continued to suffer from low prices in ad ...
Friday, 30 October 15
CHINESE MINERAL IMPORTS: MOVING ON FROM INDONESIA? - CLARKSONS
China has accounted for almost 90% of global imports of nickel ore and bauxite in recent years and was therefore heavily hit by the Indonesian mine ...
Friday, 30 October 15
COAL PRODUCTION IN THE UNITED STATES INCREASED THIS WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.5 million shor ...
Thursday, 29 October 15
IRAN'S RETURN TO OIL MARKETS WILL HAVE TEMPERED IMPACT FOR THE TANKER SHIPPING INDUSTRY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
While many analysts appear to be fearful of a potential incremental rise in tanker ships’ supply, as a result of the imminent return of Iran ...
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- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- Planning Commission, India
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- The University of Queensland
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
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