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Monday, 15 August 16
THE SPOT FREIGHT MARKET STRENGTHEN OVER THIS WEEK
 COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose as Cape and Panamax segments ending in a positive note this past week. The BDI was up 5.5 percent from last week and Cape Index was up around 121 points.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global supply and demand for shipping of commodities was rose week over week to 671 points on 12 August 2016. The index peaked at 11,793 in May 2008.
The Cape Index up 15.71% week over week. The BCI closed 891 points on 12 August 2016.
The Panamax index (BPI) was up 9.84% to 703 points. However, the Supramax index (BSI) was declined 0.62% to 643 points on 12 August 2016, compared to 647 points on 5 August 2016.
Average daily earnings for Supramax, for the route Indonesia to India passing through Singapore, rated at around US$ 7000 - 7500 per day this past week, while the Panamax vessels rated at around $ 6000 per day delivery South China / Hong Kong range.
The freight rates are expected to be flat to slightly firm this week.
The spot Cape’s average charter rates were reported at around US$ 6,236 per day and Panamax’s was reported at around US$ 5,625 per day, the average charter rates were up week over week. The Supramax’s average charters rate was at around $ 6,720 per day, decline slightly compared to last week’s average charter rate. While, the Handy-size ships were at $ 5728 per day, the average charter rate was up week over week.
The futures for three years (2016-2018) for the ships were reported higher than the current spot rates the ships were earning. The Cape-size ships were at US$ 10,000 per day, Panamax at US$ 7,500 per day, Supramax at US$ 8,000 per day and Handysize at US$ 6,000 per day. The Cape size, Panamax, Supramax and Handy Size vessel’s average future rates were flat compared to last week’s reported rates.
The supramax S8 route charter rates declined slightly (0.09%) week over week to $ 6,519 per day on Friday 12 August 2016 ($6,538 was reported on 5 August 2016). Freight rate from Indonesia to India is expected to be Flat to firm this week.
The Brent crude oil price was up 6.09 percent and closed at US$ 46.97 per barrel. The bunker prices also up and closed at US$ 229.00 pmt (IFO 380 cst ex Singapore on 12 August 2016).
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Wednesday, 21 September 16
SHIPPING MARKET INSIGHT - PANOS MAKRINOS
Amidst a challenging dry bulk and tanker market, very little time has been spent on the offshore industry developments during the past couple of ye ...
Monday, 19 September 16
AFTER YEARS OF COMA, COAL BECOMES THE MOST ATTRACTIVE COMMODITY RIGHT NOW
COALspot.com: China boosted coal imports in recent months. The Chinese government’s drive to cut over capacity pushed up the demand for therm ...
Monday, 19 September 16
THE CAPE INDEX WAS UP 7.28% WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities declined and ending in a slightly negative note this past ...
Friday, 16 September 16
GLOBAL SHIPBUILDING: THE CHALLENGE TO REMAIN 'ACTIVE' - CHRISTOPHER PEARCE, CLARKSONS
The number of ‘active’ shipyards globally has more than halved since the start of 2009, falling to around 400 shipyards at the start of ...
Friday, 16 September 16
U.S. WEEKLY COAL OUTPUT DECLINED 6.2% TO 15.1 MMST, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.1 million short ton ...
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- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Planning Commission, India
- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- White Energy Company Limited
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- The University of Queensland
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
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