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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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Friday, 03 February 17
KOMIPO INVITES BIDS FOR 1.13 MILLION TONS OF BITUMINOUS COAL FOR Q2' 17
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 1,130,000 Metric Tons of Bituminous coal f ...
Friday, 03 February 17
U.S. WEEKLY COAL PRODUCTION DECLINED 3.9% W/W; ROSE 17.7% Y/Y
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.1 million short ton ...
Friday, 03 February 17
US - EXECUTIVE ORDER ON IMMIGRATION AFFECTS VESSEL CREWS - GARD
From 27 January 2017, crew members carrying Iraqi, Syrian, Sudanese, Iranian, Somalian, Libyan or Yemeni passports are temporarily barred from ente ...
Wednesday, 01 February 17
MARKET INSIGHT - PANOS TSILINGIRIS
The recent placement of LOIs for 208kdwt Newcastlemax Newbuildings at $38.5m at Private Chinese Yard identifies with the modern history low for dry ...
Tuesday, 31 January 17
A CASE OF NEW YEAR BLUES FOR THE FAR EAST? - GEORGE LAZARIDIS
Unlike the typical lull in the market that we note during the period just prior to the Chinese New Year, 2017 has proved to be fairly m ...
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- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- The University of Queensland
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- The Treasury - Australian Government
- MS Steel International - UAE
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
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