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Monday, 21 March 16
THE BALTIC DRY INDEX ROSE SLIGHTLY WEEK OVER WEEK; BCI UP 11.93%
 COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued rose this week helped by higher rates for Cape and smaller vessels.
The freight market was steady and all segments except Panamax were up ending in positive note.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global supply and demand for shipping of commodities up 1.80% week over week to 395 points on 18 March 2016. The index peaked at 11,793 in May 2008.
The Cape Index also rose 11.93% week over week or up 21 points. The BCI closed 197 points on 18 March 2016.
The Panamax index (BPI) was down 2.93% to 463 points from last week while the Supramax index (BSI) was rose 6.9% to 449 points, compared to 420 points on 11 march 2016.
The handy size index was also up 4.42% to 260 points on 18 March 2016 from 11 March 2016.
Average daily earnings for Supramax, for the route Indonesia to India (passing Singapore) rated at around $5000-5500 per day this past week, while the Panamax vessels rated at around $4500-5000 per day delivery South China / Hong Kong range.
The freight rates are expected to be steady to firm this week.
The Cape average charter rates were reported at around US$ 2,036 per day and Panamax’s was reported at around US$ 3,716 per day. The Supramax’s average charters rates were at around $ 4,699 per day and Handy size ships were at $ 3865 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$ 7000 per day, Supramax at US$ 7000 per day and Handy size at US$ 6000 per day.
The S8 route for supramax firmed up and was up by 8.59% week over week to $3288 per day on Friday 18 March 2016 (S8 as on 11 March 2016 $3028 per day). Freight rates from Indonesia to India is expected to be steady to firm next week.
The Brent crude oil prices was up 2% week over week and closed at US$41.20 per barrel. The bunker prices flat or slightly done this past week and closed at US$ 181 pmt (IFO 380 cst ex Singapore on 18 March 2016).
Baltic Dry Index (BDI) - UP
Cape index (BCI) - UP
Panamax index (BPI) - DOWN
Supramax index (BSI) - UP
Handy index - UP
(as of week ended 18 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, 30 May 16
BCI ENDING AT 830 POINTS, DOWN 4.6 PER CENT W/W
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline this week. The freight market was weak this past ...
Friday, 27 May 16
PET-COKE IMPORTS TO FACE PRESSURE IN INDIA
COALspot.com: An Indian environmental activist moved the National Green Tribunal seeking ban on the use of all forms of petroleum coke, also called ...
Friday, 27 May 16
US COAL PRODUCTION ROSE 2.9% WOW, ACCORDING TO EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 11.7 million short tons (mm ...
Thursday, 26 May 16
GIANT ORE CARRIERS SET TO PLAY A BIGGER ROLE IN THE GLOBAL SHIPPING FLEET: CHINA EMBRACES VALEMAXES - RICHARD SCOTT
Another phase of the giant ships era is approaching. Chinese shipowners placed orders recently for 30 huge ‘valemax’ ore carriers. Thes ...
Wednesday, 25 May 16
MEDIATION AS A WAY TO RESOLVE DISPUTES IN THE SHIPPING INDUSTRY - LANA JACOBS
KNOWLEDGE TO ELEVATE
The shipping market is currently experiencing a serious recession with the Baltic Dry Index and Baltic Capesize Index bot ...
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Showing 2416 to 2420 news of total 6871 |
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- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Parliament of New Zealand
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Bangladesh Power Developement Board
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
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