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Monday, 27 March 17
THE FREIGHT MARKET CONTINUED TO FIRM WEEK OVER WEEK
 COALspot.com: The Freight market was continuing to firming up.
The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose this past week and ending on a positive note week over week. The BDI was up by 3.68% from the last week and Cape Index was also up 2.68% or increased around 69 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 up 3.68% week over week and ended at 1240 points on 24 March 2017. The index peaked at 11,793 points in May 2008.
The Cape Index was up by 2.86% week over week. The BCI closed 2482 points on 24 March 2017. The Panamax index (BPI) was also increased (9.93%) week over week.
The Supramax index (BSI) was up 1.93% to 896 points on 24 March 2017, compared to 879 points on 17 March 2017.
The handy size index was rose 3.54% and the index was closed at 526 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 stay firm week over week, owners were rating at around US$ 12,000 per day, while the Panamax vessels rated at around $ 10000 per day delivery Shanghai area.
The futures for three years (2017-2020) for the ships were reported lower than the current spot rates that ships were earning. The Cape-size ships were at US$ 15000 per day, the Panamax at US$ 11,500 per day, Supramax at US$ 9000 per day and Handy-size at US$ 8000 per day.
The freight rates are expected to be steady to firm this week.
The Brent crude oil price was closed at US$ 50.80 per barrel almost same level from last week. The bunker prices were closed at US$ 289.50 pmt (IFO 380 CST ex. Singapore on 24 March 2017).
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Tuesday, 21 February 17
CHINA SUSPENDS COAL IMPORTS FROM NORTH KOREA FROM 19 FEB
COALspot.com: China is suspended coal imports from North Korea until December 2017. China says it will suspend all imports of coal from North Korea ...
Monday, 20 February 17
OCEAN FREIGHT RATES SLIGHTLY UP WEEK OVER WEEK
COALspot.com: The Freight market was firmed up this past week. The Panamax segment was declined for the week ending 17 February 2017.
The Balt ...
Friday, 17 February 17
U.S. COAL PRODUCTION SLIPS SLIGHTLY WEEK OVER WEEK, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.5 million sh ...
Thursday, 16 February 17
CAPE MARKET HAVE EXPERIENCED A STRONG DOWNTURN - FEARNLEYS
Supramax
Market has shifted sides from Atlantic to Pacific, where Atlantic is now lagging behind with little action and sliding indices, notably ...
Thursday, 16 February 17
IF I PLAN TO UNDERTAKE A CHARTERPARTY WITH AN UNFAMILIAR ENTITY, WHAT STEPS CAN I TAKE TO ENSURE THE CHARTERER WILL PAY THEIR HIRE? - SHIPOWNERS' CLUB
KNOWLEDGE TO ELEVATE
Due to the difficult conditions currently existing in the shipping market, particularly in the offshore sector, Members a ...
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- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Parliament of New Zealand
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- White Energy Company Limited
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- The University of Queensland
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- Aditya Birla Group - India
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
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