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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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Thursday, 03 December 15
PANAMAX BUSINESS REMAINED UNDER PRESSURE LAST WEEK
COALspot.com: Following the new record lows the Dry Bulk market witnessed the week prior, the BDI took a much needed breath during the past days.
...
Wednesday, 02 December 15
Q3' 16 FOB RICHARDS BAY COAL SWAP SLIGHTLY UP FOR THE THIRD STRAIGHT WEEK
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 up month over month and fell week over week.
The Q1’ 2016 &nbs ...
Wednesday, 02 December 15
MARKET INSIGHT - VASSILIS LOGOTHETIS
Boom and bust cycles in commodity prices are not something rare, yet they have important implications both for the world economy in general and for ...
Tuesday, 01 December 15
FOB NEWCASTLE COAL SWAP UP THIS PAST WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery slid $3.75 per ton (9.26%) month over month to US$ 36.75 per ton. The swap ...
Tuesday, 01 December 15
TANKERS VERSUS BULKERS - JUST PLAYING CATCH UP? - CLARKSONS
It’s now more than a year since the tanker market took off. In mid-2014 tanker earnings picked up and since then have been in the $30-$40,000 ...
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- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Attock Cement Pakistan Limited
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- Australian Coal Association
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- GMR Energy Limited - India
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