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Tuesday, 14 December 10
THE FREIGHT RATES FROM INDONESIA TO INDIA AND CHINA REMAINED FIRM - CAPT. REDDY


COALspot.com - The freight market continued to be soft with the Cape sector most effected which was down by 289 points  and closed at 2,694 points. The BDI was also down by 73 points and closed at 2,095 points.

The Panamax index was also remained soft and was down by 25 points and closed at 2,357 points. The Supramax and handy size were slightly up by 77 points and 14 points and closed at 1,670 points and 830 points respectively. The freight rates from Indonesia to India and china remained firm.

The bunker prices continued to be firm with crude trading above $ 90 per barrel.  The charter rates for Supramax ships opening N. China were being fixed around $ 15000 per day for trip to India or China.

The average charter rates was at Cape/$ 25,375 per day , Panamax/$ 18,873 per day , Supramax/$ 17,458 per day and Handy size/$ 12,150 per day. The Supramax index in the feast (S6 route) continued firmed up by $ 769 per day (up by 5.43 pct) and closed at $ 14,914 per day (last week $ 14,145 per day).

The EC India/ China rates also firmed up and the Supramax S7 rates was up by $ 1,450 per day (up by 10.25 pct) and closed at $ 15,592 per day (last week $ 14,142 per day).

The S6 and S7 route seems will almost at same levels due to holiday season approaching.

The futures for three years (2011-2013) was at around Cape/$ 24,000 per day, Panamax/$ 17,500 per day, Supramax/$ 17,000 per day , Handy size/$ 12,500 per day.

The congestion in EC Australia remained same at 113 vessels this week (last week 113 vessels).  The vessels waiting at main coal loading ports were at Hay point/5, DBCT/38,Gladstone/15,Abbot Point/4, New Castle/45, Port Kembla/4 vessels. On the WC Australia iron ore vessels waiting reduced to 22 vessels (last week 28 vessels).

The waiting at Indian ports for coal vessels was quite normal except for Paradip, Haldia, Kandla where the berthing delays was high.

The Brent crude prices was slightly down and closed at $ 90.55 per barrel (last week $ 91.58 per barrel). Bunker prices was slightly down and was at $ 500.50 pmt (last week $ 504 pmt) for IFO 380 cst ex Singapore on 10th Dec 2010.

Click here for Vistaar’s forecasted (terms & conditions apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
Reported by Vistaar Shipping, Singapore



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Friday, 19 December 14
HOW WILL LOWER BUNKER PRICES AFFECT THE SUBSTANTIAL OVERCAPACITY IN DRY BULK MARKET? - BIMCO
As bunker fuel costs have come down from USD 600 per tonnes to USD 330 per tonnes in the past 6 months, much talk about increased ship speed have s ...


Friday, 19 December 14
U.S WEEKLY COAL PRODUCTION REACHED APPROXIMATELY 19.8 MMST; UP 1.0% WOW
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19.8 million short tons (mmst) of coal ...


Friday, 19 December 14
HANDY: SOFTER TONE; PANAMAX: QUIET WEEK; CAPESIZE; PAINFUL WEEK
Handy A softer tone for rates and volumes for the Supras, perhaps less apparent in the Pacific the last week before the season holidays and good ...


Thursday, 18 December 14
INDONESIA TO REVISE UP COAL OUTPUT TARGET TO 460 MILLION TONS IN 2015
COALspot.com: Indonesian government has revised up its next year coal output forecast to 460 million tons from its previous forecast of 421 million ...


Wednesday, 17 December 14
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