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Monday, 11 July 16
THE MAIN SEA FREIGHT INDEX, BDI ROSE FURTHER ON 8 JULY DUE TO STRONG DEMAND FOR PANAMAX SHIPS
 COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose this past week. The BDI was up 3.84 percent from last week and Cape Index was down around 2.72 %.
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 703 points on 8 July 2016. The index peaked at 11,793 in May 2008.
The Cape Index declined 2.72% week over week or down 28 points. The BCI closed 1002 points on 8 July 2016.
The Panamax index (BPI) was up 14.62% to 792 points while the Supramax index (BSI) was up 3.19% to 647 points on 8 July 2016, compared to 627 points on 1 July 2016.
Average daily earnings for Supramax, for the route Indonesia to India through Singapore, rated at around $ 7,500 per day this past week, while the Panamax vessels rated at around $ 6000-6,500 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$ 7,149 per day and Panamax’s was reported at around US$ 6,327 per day. The Supramax’s average charters rates were at around $ 6,767 per day and Handy size ships were at $ 5,232 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 3.44% week over week to $ 5,569 per day on Friday 8 July 2016 (S8 as on 1 July 2016 $ 5384 per day). Freight rates from Indonesia to India is expected to be steady/firm this week.
The Brent crude oil price was down 6.18 percent and closed at US$ 46.76 per barrel. The bunker prices down and closed at US$ 246.50 pmt (IFO 380 cst ex Singapore on 8 July 2016).
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Monday, 20 June 16
THE BDI HAS FELL 23 POINTS WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities declined this past week. The BDI was fell 3.77 percent fr ...
Friday, 17 June 16
CHINA'S NEW POLICY TO REDUCE WASTE IN RENEWABLE ENERGY - FITCH
Chinese renewable energy producers are likely to benefit from a new policy that guarantees a minimum amount of solar and wind power is purchased in ...
Friday, 17 June 16
KOMIPO INVITES BIDS FOR BITUMINOUS COAL FOR BORYEONG POWER PLANT
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 780,000 Metric Tons of Bituminous Coal for its B ...
Friday, 17 June 16
U.S WEEKLY COAL PRODUCTION UP 7.7% - EIA
COALspot.com – U.S., the world’s one of the largest coal producer has produced approximately totalled an estimated 12.9 million short t ...
Wednesday, 15 June 16
THE DRY BULK PRICES CORRECTED UPWARDS ROUGHLY 15% - KONSTANTINOS KONTOMICHIS
Once more, the international shipping community turned its attention to Greece and more specifically to Attica that hosted Posidonia, the biggest m ...
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- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- Karaikal Port Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Rio Tinto Coal - Australia
- Australian Coal Association
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Anglo American - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- Sical Logistics Limited - India
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
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