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Monday, 17 October 16
THE FREIGHT MARKET WAS SOFTENED IN ALL SEGMENTS THIS PAST WEEK - VISTAAR
 COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline slightly and ending in a negative note this past week. The BDI was down 3.15% from last week and Cape Index was down 10.11% or around 227 points week over week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global supply and demand for shipping of commodities was reported down 3.15% week over week and ended at 892 points on 14th Oct 2016. The index peaked at 11,793 in May 2008.
The Cape Index was down 10.11% week over week. The BCI closed 2018 points on 14th Oct 2016. The Panamax index (BPI) was up (14.22%) to 819 points on 14th Oct 2016. The Supramax index (BSI) was also slightly down (0.44%) to 674 points on 14 October 2016, compared to 677 points on 7 October 2016.
Meantime, the handy size index was at same levels closing at 411 points for the same period.
According to Vistaar India, the average daily earnings for Supramax, for the route Indonesia to India passing through Singapore, rated at around US$ 8500 per day this past week, while the Panamax vessels rated at around $ 6500 per day delivery South China / Hong Kong range. No change from last week.
The freight rates are expected to be flat this week.
The Vistaar India further noted that the spot Cape’s average charter rates were reported at around US$ 12,744 per day and Panamax was reported at around US$ 6,559 per day. This past week’s Cape and Panamax average charter rates were down compared to previous Friday’s average Charter rates.
The spot Supramax’s average charters rate was at around $ 7,049 per day, while the Handy-size ships were at $ 5,966 per day. The spot average charter rates for supra were down while handy was rose very marginally compared to last week’s charter rates.
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$ 11,000 per day, the Panamax at US$ 7,500 per day, Supramax at US$ 7,500 per day and Handysize at US$ 6,500 per day. No change from last week’s reported rates.
The Supramax S8 route charter rates slightly down (1.60%) week over week to $6691 per day on Friday 14 October 2016 ($6800 was reported on 7 October 2016).
According to Vistaar the freight rate from Indonesia to India is expected to be steady this week.
The Brent crude oil price was closed at US$ 51.95 per barrel the same levels of last week's price. The bunker prices were closed at US$ 285.50 pmt (IFO 380 cst ex. Singapore on 14 October 2016).
Baltic Dry Index (BDI) - DOWN
Cape index (BCI) - DOWN
Panamax index (BPI) - UP
Supramax index (BSI) - DOWN
Handy index - FLAT
(as of week ended 14 October 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, 03 November 16
THE INDEX BASED COAL SALES & PURCHASE STRATEGY MAKES MORE EFFICIENT, SAYS 55.17% END-USERS
Considering the current coal market condition, the Index based coal sales & purchase strategy make more efficient was deemed the winner by 57.0 ...
Thursday, 03 November 16
CAPESIZE: BRAZIL/CHINA RATES MOVED TO THE $11 PMT LEVEL; WEST AUSTRALIA/CHINA ROUTE MOVED UP CLOSE TO MID $5 PMT LEVEL - FEARNLEYS
Supramax
In the Atlantic we see a bit more activity than in the eastern hemisphere, says Fearnleys in its latest weekly report. Fhauls via Black ...
Wednesday, 02 November 16
SHIPPING MARKET INSIGHT
A week before the U.S. presidential election, everyone is eager to see the socio-political effects that the result of these elections will have. As ...
Wednesday, 02 November 16
SHIP OPERATING COSTS ARE EXPECTED TO RISE IN BOTH 2016 AND 2017 - MOORE STEPHENS
Vessel operating costs are expected to rise in both 2016 and 2017. Repairs and maintenance and spares are the cost categories which are likely to i ...
Tuesday, 01 November 16
PANAMAX : A FAIR AMOUNT OF SIDEWAYS SHIPPING IN RATES - ALLIED SHIPPING
Capesize
A very sluggish start to the week, with rates dropping considerably as all optimism seems to have evaporated over the weekend. According ...
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- Aditya Birla Group - India
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- White Energy Company Limited
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Eastern Energy - Thailand
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- PTC India Limited - India
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Siam City Cement PLC, Thailand
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