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Sunday, 24 January 16
PANAMAX MARKET WEAKENS ACROSS THE BOARD
 COALspot.com: The Baltic Dry Index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, coal and fertiliser, fell nineteen points, or 5.09 percent, to 354 points on 22 January 2016.
The Capesize index, however, rose 31 points, or 15.65 percent, to 226 points on Friday.
According to market, the Panamax index declined 31 points, or 12.33 percent, to 226 points on 22 January. The Supramax index down 36 points, or 9.14 percent, to 358 points while the handy size index down 12 points, or 4.89 percent, to 233 points week over week on 22 Janaury.
Average daily earnings for Supramax, for the route Indonesia to India (delivery Singapore) rated at around $ 4000-5000 per day this week, while the Panamax vessels rated at around $ 3000 per day delivery Shanghai.
Freight rates expected to be flat to steady next week.
The Panamax’s average charter rates were reported at around US$2672 per day. The Supramax’s average charters rates were at around $3742 per day and Handy size ships were at $3439 per day.
In the meantime, the futures for three years (2016-2018) for the ships were reported slightly higher than the current spot rates the ship were earning. The Cape size ships were at US$ 8000 per day, Panamax at US$ 7000 per day, Supramax at US$ 7000 per day and Handy size at US$ 6000 per day.
The S8 route charter rates for Supramax down 14.77 percent week over week to $3103 per day on Friday. Indonesia to India freight rates are expected to be flat to steady this week.
The Brent crude oil price was closed at $32.18 per barrel up around 11.19 percent on 22 January 2016. The bunker prices were also up and closed at $159.00 pmt (IFO 380 cst ex Singapore on 22 Jan 2016).
Baltic Dry Index (BDI) - DOWN
Cape index (BCI) - UP
Panamax index (BPI) - DOWN
Supramax index (BSI) - DOWN
Handy index - DOWN
(as of week ended 22 January 2016 (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, 10 February 16
OWNERS APPEAR WILLING TO DISPOSE OF TONNAGE THE SOONEST IT HITS THE 10 YEAR MARK - TIMOS PAPADIMITRIOU
COALspot.com: The last two months of 2015 made a case for traditional shipowners to invest in the dry bulk sector, doing so though based purely on ...
Monday, 08 February 16
DRY-BULK SHIPPING DIVING DEEP
COALspot.com: The freight markets continued to fall this past week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of glo ...
Monday, 08 February 16
DRY BULK: SHIPBROKER SEES BDI MARKET REACHING LOW POINT OF 236 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The endless pit that is the dry bulk market over the past two months, has been the issue of debate among ship owners, shipbroker and analysts alike ...
Friday, 05 February 16
COAL INDIA EYES COAL MINES IN SOUTH AFRICA - PTI
“Coal India Ltd has plans of acquiring coal mines in South Africa,” an official said. It is looking at acquiring mines in partnership w ...
Friday, 05 February 16
U.S. WEEKLY COAL OUTPUT ROSE 4.2% TO 13.6 MMST
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.6 million shor ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- White Energy Company Limited
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- GMR Energy Limited - India
- Australian Coal Association
- Electricity Authority, New Zealand
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
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