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Monday, 19 December 16
THE FREIGHT MARKET WAS CONTINUING TO SOFTEN
 COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continually decline this past week and ending on a negative note week over week. The BDI was down by 13.21% from the previous week and Cape Index was down 33.46% or around 527 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 144 points, week over week and ended at 946 points on 16 December 2016. The index peaked at 11,793 in May 2008.
The Cape Index was down 33.46% week over week. The BCI closed 1048 points on 16 December 2016. The Panamax index (BPI) was also declined week over week on 16 December 2016. The Panamax index was fell 25.33% from end of last week’s closing.
The Supramax index (BSI) was fell 0.62% to 960 points on 16 December 2016, compared to 966 points on 9 December 2016. The handy size index was increased 5.82 to 600 points for the same period.
According to Vistaar India, this past week’s daily average earnings for Supramax, for the route Indonesia to India passing through Singapore was steady, owners were rating at around US$ 8500 - 9000 per day, while the Panamax vessels rated at around $ 8500 per day delivery South China / Hong Kong range.
The freight rates are expected to be soft this week.
The Vistaar India further noted that the average spot Cape’s charter rates were reported at around US$ 6,729 per day and Panamax was reported at around US$ 8,994 per day. The spot Supramax’s average charters rate was reported at around $ 10,034 per day, while the Handy-size ships were at $ 8,537 per day. The average spot charter rates for all size ships declined week on week except for Handy size ships, which rose compared to last 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$ 11,000 per day, the Panamax at US$ 8,500 per day, Supramax at US$ 7,500 per day and Handysize at US$ 7000 per day. No change from last week’s closing.
The Supramax S8 route charter rates fell 3.45% week over week to $6,119 per day on Friday 16 December 2016 ($6,338 was reported on 9 December 2016).
According to Vistaar the freight rate from Indonesia to India is expected to be soft, this week.
The Brent crude oil price was closed at US$ 55.21 per barrel, up week over week. The bunker prices were closed at US$ 327.50 pmt (IFO 380 cst ex. Singapore on 16 December 2016) significant increase week over week.
Baltic Dry Index (BDI) - DOWN
Cape index (BCI) - DOWN
Panamax index (BPI) - DOWN
Supramax index (BSI) - DOWN
Handy index - UP
(as of week ended 16 December 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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Wednesday, 21 June 17
MARKET INSIGHT - SHIPPING
Looking back at March and April shipping reports when the dry bulk indexes were starting to move up, a number of shipping analysts were stating tha ...
Tuesday, 20 June 17
WORLD ECONOMY SHOWS A MORE OPTIMISTIC TREND
During the past weeks, we have seen many organizations and think tanks show a more optimistic face with regards to the world economy. The World Ban ...
Monday, 19 June 17
PANAMAX RATES HELP BALTIC INDEX TO A POSITIVE MOVE
COALspot.com: The Freight market rose very marginally this past week compared to the previous week, as BDI and Panamax indexes show a positive tren ...
Friday, 16 June 17
WEEKLY U.S. COAL PRODUCTION RISES; UP 24.1% Y/Y
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.5 million short tonn ...
Thursday, 15 June 17
SUPRAMAX NICKEL ORE FROM PHILIPPINES TO S. CHINA PAYING AROUND MID $10000 - FEARNLEYS
Supramax
Market looked more promising from both sides of the basins. Within Atlantic USG returned with tick better rates seen as tonnage kept tig ...
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Showing 2021 to 2025 news of total 6871 |
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
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- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- MS Steel International - UAE
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Planning Commission, India
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
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- Maheswari Brothers Coal Limited - India
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- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
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- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
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- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
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- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
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- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Chamber of Mines of South Africa
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
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