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Monday, 22 August 16
THE FREIGHT MARKET WAS STEADY THIS PAST WEEK; CAPE INDEX DECLINE 5.38%
 COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose and ending in a positive note this past week except Cape sector. The BDI was up 1.79 percent from last week and Cape Index was down around 48 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 683 points on 19 August 2016. The index peaked at 11,793 in May 2008.
The Cape Index down 5.38% week over week. The BCI closed 843 points on 19 August 2016.
The Panamax index (BPI) was up 3.4% to 727 points. While, the Supramax index (BSI) was also rose 6.68% to 686 points on 19 August 2016, compared to 643 points on 12 August 2016.
Average daily earnings for Supramax, for the route Indonesia to India passing through Singapore, rated at around US$ 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 steady to slightly firm this week.
The spot Cape’s average charter rates were reported at around US$ 5,846 per day and Panamax’s was reported at around US$ 5,814 per day, the Panamax average charter rates were up week over week while cape average rates decline slightly. The Supramax’s average charters rate was at around $ 7,173 per day, decline slightly compared to last week’s average charter rate. While the Handy-size ships were at $ 5,927 per day, the average charter rates were 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 slightly up (+2.68 %) week over week to $ 6,694 per day on Friday 19 August 2016 ($6,519 was reported on 12 August 2016). Freight rate from Indonesia to India is expected to be steady to firm this week.
The Brent crude oil price was up 8.32 percent and closed at US$ 50.88 per barrel. The bunker prices also up and closed at US$ 261.50 pmt (IFO 380 cst ex Singapore on 19 August 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 19 August 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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Thursday, 19 May 16
AUSTRALIAN IRON ORE CARGOES PUSHED UP THE FREIGHT RATES FOR CAPE THIS WEEK - FEARNLEYS
Cape
It has been a big jump in the freight rates for Cape size this week, says Fearnleys in its latest weekly report. All of the Australian iron ...
Thursday, 19 May 16
DISPUTE OVER VAT ON COAL DRAGS ON, CAUSING DOUBLE-BLOW TO MINERS - JP
The dispute over the value-added tax ( VAT ) mechanism between coal miners operating under third-generation contracts and the Finance Ministry&rsqu ...
Wednesday, 18 May 16
DRY BULK OUTLOOK REMAINS GLOOMY SAYS DANISH SHIP FINANCE, AS SHIPPING NEEDS TO RETHINK BUSINESS MODEL - HELLENIC SHIPPING
Our Shipping Market Review – May 2016 is devoted to the fourth industrial revolution. To understand the truly disruptive nature of the fourth ...
Wednesday, 18 May 16
LONG TERM FUNDAMENTALS ARE SLOWLY IMPROVING FOR THE DRY BULK MARKET - INTERMODAL
As we are approaching the end of the first half of the year, there is a number of market participants over at the dry bulk sector that have started ...
Tuesday, 17 May 16
INDONESIAN COAL PRICE REFERENCE DECLINE AGAIN
COALspot.com: The Indonesia Coal Benchmark Price declined in May 2016.
The Director General of Mineral and Coal of Indonesia, the regulator of ...
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Showing 2426 to 2430 news of total 6871 |
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- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Central Electricity Authority - India
- The University of Queensland
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Economic Council, Georgia
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- White Energy Company Limited
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Aditya Birla Group - India
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
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