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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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Monday, 04 April 16
INDONESIA CS57 COAL INDEX SLIDES SLIGHTLY WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin fell 0.07 percent week over week to averaging $38.88 per ton on this past Friday, ac ...
Monday, 04 April 16
CAPE INDEX JUMPED 70% WEEK ON WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week.
The freight market was ...
Friday, 01 April 16
ASSESSING THE DRY BULK MARKET AT ROCK BOTTOM - CLARKSONS
While the opening months of the year are typically a weak period for the dry bulk market, the downturn so far this year has been severe. Earnings h ...
Friday, 01 April 16
NINE AM - TIME TO GET AN INDONESIAN LANGUAGE VERSION OF YOUR CHARTERPARTIES - CLYDE & CO
KNOWLEDGE TO ELEVATE
For several years, Indonesian law (Article 31, Law Number 24 of 2009) has required that memoranda of understanding (" ...
Friday, 01 April 16
U.S. COAL PRODUCTION UP SLIGHTLY WEEK OVER WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 11.6 million shor ...
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- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- The University of Queensland
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- White Energy Company Limited
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
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