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Monday, 27 June 16
THE BDI UP 3.75 PERCENT ; BCI FELL 1.51% WEEK OVER WEEK
 COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose this past week. The BDI was up 3.75 percent from last week and Cape Index was down around 1.51%.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global supply and demand for shipping of commodities was up week over week to 609 points on 24 June 2016. The index peaked at 11,793 in May 2008.
The Cape Index declined 1.51% week over week or down 14 points. The BCI closed 913 points on 24 June 2016.
The Panamax index (BPI) was up 7.14% to 585 points while the Supramax index (BSI) was up 5.04% to 583 points on 24 June 2016, compared to 555 points on 17 June 2016.
Average daily earnings for Supramax, for the route Indonesia to India through Singapore, rated at around $ 6,500 per day this past week, while the Panamax vessels rated at around $ 5,000 per day delivery South China / Hong Kong range.
The freight rates are expected to be flat to firm this week.
The spot Cape’s average charter rates were reported at around US$ 6,452 per day and Panamax’s was reported at around US$ 4,681 per day. The Supramax’s average charters rates were at around $ 6,101 per day and Handysize ships were at $ 4,855 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$ 7,500 per day, Supramax at US$ 7,500 per day and Handysize at US$ 6,000 per day. No change from the previous week.
The S8 route for supramax moved up or increased by 7.88% week over week to $ 5,313 per day on Friday 24 June 2016 (S8 as on 17 June 2016 $ 4925 per day). Freight rates from Indonesia to India is expected to be steady/firm this week.
The Brent crude oil price was down 1.55 percent and closed at US$ 48.41 per barrel. The bunker prices up and closed at US$ 242 pmt (IFO 380 cst ex Singapore on 24 June 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 24 June 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 the 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, 25 July 16
STRONG BUYER DEMAND PUSHING UP INDONESIAN THERMAL COAL INDICES
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.73 percent week over week to averaging $40.83 per ton this past week, shows C ...
Monday, 25 July 16
THE BDI FELL ON WEAKER RATES FOR CAPESIZE & PANAMAX VESSELS
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities slide slightly as Cape and Panamax segments ending in neg ...
Friday, 22 July 16
U.S COAL OUTPUT ROSE 17.2% WEEK OVER WEEK - EIA
COALspot.com – U.S, world’s second largest coal producers has produced approximately totalled an estimated 15.1 million short tons (mms ...
Thursday, 21 July 16
WHAT TO DO WHEN YOU DON'T GET PAID - SHIPOWNERS CLUB
Present market conditions have led to an increase in claims related to unpaid hire. To recover unpaid hire, Owners need to fully understand who the ...
Thursday, 21 July 16
CONSTRUCTIVE TOTAL LOSS: WHAT GOES IN TO CALCULATING QUANTUM? - HILL DICKINSON
KNOWLEDGE TO ELEVATE
The Commercial Court recently delivered its judgment in an important case (Connect Shipping Inc and Machrimar Management ...
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- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Interocean Group of Companies - India
- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
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