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Monday, 07 March 16
FREIGHT MARKET MOVING POSITIVE; ALL SEGMENTS EXCEPT CAPE SHOWING A FIRM TREND
 COALspot.com: The freight market was steady this past week and showing a firm trend for all segments except for Cape index.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global supply and demand for shipping of commodities up 6.73% week over week to 349 points on 4 March 2016. The index peaked at 11,793 in May 2008.
The Cape Index was declined week over week or down 13 points. The BCI closed 164 points on 4 March 2016.
The Panamax index (BPI) was up 9.66% to 9.66 points while the Supramax index (BSI) was rose 11.41% to 371 points, compared to 333 points on 26 February 2016.
The handy size index was also up 9.4 % to 232 points on 4 March 2016.
Average daily earnings for Supramax, for the route Indonesia to India (passing Singapore) rated at around $4500-5000 per day this past week, while the Panamax vessels rated at around $4500-5000 per day delivery South China / Hong Kong range.
The freight rates are expected to be firm this week.
The Cape average charter rates were reported at around US$2,221per day and Panamax’s was reported at around US$3,098 per day. The Supramax’s average charters rates were at around $3,875 per day and Handy size ships were at $3,446 per day.
The futures for three years (2016-2018) for the ships were reported higher than the current spot rates the ship were earning. The Cape size ships were at US$ 8000 per day, Panamax at US$ 6000 per day, Supramax at US$ 6000 per day and Handy size at US$ 5000 per day.
The S8 route for supramax firmed up and was up by 26.16% week over week to $2,247 per day on Friday 4 March 2016 (S8 as on 26th Feb 2016 $ 2572 per day). Freight rates from Indonesia to India is expected to be steady to firm next week.
The S8 route charter rates for Supramax up 4.16 percent week over week to $2679 per day on Friday 4 March 2016 compare to on US$ 2572 per day on 26th Feb 2016. Indonesia to India freight rates are expected to be firm to steady this week.
The Brent crude oil prices was up 10.31% week over week and closed at US$ 38.72 per barrel. The bunker prices firmed this past week and closed at US$ 159.50 pmt (IFO 380 cst ex Singapore on 4 March 2016).
Baltic Dry Index (BDI) - UP
Cape index (BCI) - DOWN
Panamax index (BPI) - UP
Supramax index (BSI) - UP
Handy index - UP
(as of week ended 4 March 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, 07 April 16
PANAMAX RATES ARE FIRMING IN BOTH HEMISHEPHERES - FEARNLEYS
Capesize
With a great volume our of west Australia, rates were finally moving to upper 3's. and stabilizing towards the middle of the week in ...
Thursday, 07 April 16
BIMCO AND GIIGNL PUBLISH A GROUNDBREAKING VOYAGE CHARTER PARTY FOR LNG TRADE
BIMCO and the International Group of Liquefied Natural Gas Importers (GIIGNL) have today jointly issued the first definitive voyage charter party & ...
Wednesday, 06 April 16
HOW LONG SHIPPING CRISIS WILL BE; WHEN SHOULD OWNERS EXPECT THE BULK CARRIERS TO BECOME PROFITABLE? - INTERMODAL
It is the consensus that dry bulk shipping has been in a crisis for quite some time now. Bulk carrier values are at historical low levels, therefor ...
Tuesday, 05 April 16
DRY BULK REVISITS 1980S LOWS AND FACES UNCERTAIN LONGER TERM OUTLOOK - MSI | HELLENIC SHIPPING NEWS
With the market near bottom, attention is turning to the length of the downturn, the effect on asset values and the impact of broader demand side c ...
Monday, 04 April 16
THE LOADING, AND SUBSEQUENT DISCHARGE, OF UNSAFE NICKEL ORE - ALL TIME TO 'COUNT' - THE STANDARD CLUB
KNOWLEDGE TO ELEVATE
In a recent, published, London arbitration award the English tribunal has held that all time lost as a result of loading, ...
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- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Parliament of New Zealand
- Wilmar Investment Holdings
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- PTC India Limited - India
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Merrill Lynch Commodities Europe
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Marubeni Corporation - India
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
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