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Sunday, 19 May 13
FREIGHT RATES TO REMAIN UNSTABLE AND VOLATILE - CAPT. REDDY
COALspot.com – The freight remained weak this week with all the segments down.
The BDI, the Baltic Dry Index is a number issued daily by the London-based Baltic Exchange was down by 4.86 pct and closed at 841 points week ended 17 May 2013. Cape index followed BDI and down by 4.05 pct closed at 1326 points. The panamax sector fell drastically (6.44 pct) closed at 930 points. The Supramax and Handymax was almost at same levels closing at 851 points (down by 1.73 pct ) and 553 points (up by 0.36 pct) respectively.
The iron ore market is on the downward trend indicating that the demand is slowing down. There is an another big news from China’s National Energy Administration which is considering a proposal to ban import of low calorific thermal coal. Presently China is importing large quantity of low grade coal and if the ban is imposed , there could be major affect in the freight market as well as coal prices.
The average charter rates was at Cape/$ 5,168 per day , Panamax/$ 7,418 per day , Supramax/$ 8,902 per day and Handy size/$ 8,165 per day.
The futures for three years (2013-2015) was at around Cape/$ 14,000 per day, Panamax/$ 10,000 per day, Supramax/$ 10,000 per day , Handy size/$ 9000 per day.
The supramax index in the far east (S8 route) was down by 1.65 pct and closed at 8,161 per day (last week $ 8,298 per day) .The route S7 was at same levels closing at $ 7875 per day (Last week $ 7,875 per day) . The freight market in this sector is expected to be soft next week.
The Brent crude oil prices was up by 0.70 pct closing at $ 104.64 per barrel (last week $ 103.91 per barrel). The bunker prices was also lower closing at same levels and closed at $ 614.00 pmt (IFO 380 cst ex Singapore on 17th May 2013).
Baltic Dry Index : Down
Cape index: Down
Panamax index : Down
Supramax index: Up
(as of 17 May 2013)
Click here for Vistaar’s forecasts (terms & conditions apply) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Australian Coal Association
- Coal and Oil Company - UAE
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- VISA Power Limited - India
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
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