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Monday, 11 April 16
BDI ROSE TO ITS HIGHEST LEVEL IN FOUR MONTHS
 COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week.
The freight market was steady and all segments 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 19.78% week over week to 539 points on 8 April 2016. The index peaked at 11,793 in May 2008.
The Cape Index also rose 90.14% week over week or up 311 points. The BCI closed 656 points on 8 April 2016.
The Panamax index (BPI) was up 20.18% to 643 points while the Supramax index (BSI) was rose 2.52% to 488 points on 8 April 2016, compared to 476 points on 1 April 2016.
The handy size index was also up 5.15% to 286points on 8 April 2016.
Average daily earnings for Supramax, for the route Indonesia to India (passing Singapore) rated at around $6000-6500 per day this past week, while the Panamax vessels rated at around $5500-6000 per day delivery South China / Hong Kong range.
The freight rates are expected to be firm this week.
The spot Cape’s average charter rates were reported at around US$ 5,089 per day and Panamax’s was reported at around US$ 5,131 per day. The Supramax’s average charters rates were at around $ 5,102 per day and Handy size ships were at $ 4,213 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$ 10,000 per day, Panamax at US$ 7,000 per day, Supramax at US$ 7,000 per day and Handy size at US$ 6,000 per day.
The S8 route for supramax firmed up and was up by 12.20% week over week to $4,313 per day on Friday 8 April 2016 (S8 as on 1 April 2016 $ 3,844 per day). Freight rates from Indonesia to India is expected to be steady to firm this week.
The Brent crude oil prices was up 5.75 % week over week and closed at US$ 41.94 per barrel. The bunker prices closed at US$ 180 pmt (IFO 380 cst ex Singapore on 8 April 2016).
Baltic Dry Index (BDI) - UP
Cape index (BCI) - UP
Panamax index (BPI) - UP
Supramax index (BSI) - UP
Handy index - UP
(as of week ended 8 April 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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Friday, 18 March 16
DRY BULK MARKET HAS LITTLE TO LOOK FORWARD TO FROM CHINA AT THE MOMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s rebound is long overdue, but when it comes, it won’t be because of China’s strong demand for commodities, o ...
Friday, 18 March 16
COAL PRODUCTION IN THE UNITED STATES SLIGHTLY DECREASED THIS WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 12.5 million shor ...
Thursday, 17 March 16
THE PANAMAX MARKET SEEMS TO BE A BIT TOPPISH THIS WEEK - FEARNLEYS
Cape
There are challenging days with rates or less unchanged from last week; West Australia to China still below US$ 3 pmt, and Tuarao to China i ...
Wednesday, 16 March 16
OIL SUPPLY OUTPACES DEMAND ON ANY GIVEN DAY, AND BILLIONS OF BARRELS OF OIL ARE BEING STORED RATHER THAN CONSUMED - CHRISTOPHER
Oil producers have turned to the concept of limiting their output to January levels as a certain form of action to boost prices that have fallen mo ...
Tuesday, 15 March 16
PORT OF NEWCASTLE SHIPPED 12.78 MMT OF COAL IN FEBRUARY 2016
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped AU$1,110.5 mi ...
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Showing 2516 to 2520 news of total 6871 |
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- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Posco Energy - South Korea
- SN Aboitiz Power Inc, Philippines
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- PTC India Limited - India
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Parliament of New Zealand
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