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Sunday, 28 October 12
INDONESIA TO INDIA SUPRAMAX FREIGHT MARKET FAIRLY STEADY - VISTAAR


COALspot.com - The Cape size sector continued to remain active with iron ore movement being steady. All other sectors were down.

The BDI was up by 3.86 pct closing at 1,049 points and the cape index was by 10.55 pct closing at 2,451 points. The panamax index was down by 8.53 pct closing at 804 points. The supramax and handy size index was also down closing at 699 points (down by 4.51 pct) and 434 points (down by 2.47 pct).

The supramax freight market from Indonesia to India was fairly steady.

The charter rates for vessels delivery Singapore reported around $ 10,000 per day for trip via Indonesia to India.  The Supramax freight expected to be steady to slightly weak next week and the panamax freights expected to be steady.

One year charter rates for cape size vessels was at  around $ 14,000 per day. Short period rates for Panamax and supramax was around $ 8000 per day.

The iron imports into china has been steady , but that could soften once there is sufficient stock. The prices of iron ore and coal remains soft and seems freight market could be fairly steady to soft.

The average charter rates was at cape/$ 16,842 per day , panamax/$ 6,424 per day , supramax/$ 7,304 per day and Handy size/$ 6,397 per day.

The futures for three years (2013-2015) was at around cape/$ 16,000 per day, panamax/$ 10,000 per day, supramax/$ 10,000 per day , Handy size/$ 8,000 per day.

The supramax index in the feast (S8 route) was steady up by 1.06 pct and closed at $ 7736  per day (last week $ 7,655 per day) and S7 route  was slightly up by 1.79 pct and closed at $ 4,436 per day (last week $ 4,358 per day) . Both routes likely to be steady next week.

The Brent crude oil prices was slightly down by 2.43 pct and closed at $ 109.55  per barrel (last week  $ 112.28 per barrel). The bunker prices closed also lower at $ 628.00  (last week $ 646.50 pmt) for IFO 380 cst ex Singapore on 26th Oct 2012.

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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Recent News

Thursday, 13 December 12
HANDY : WCI-CHINA RATES AROUND $ 6000 AND ECI-CHINA AROUND $ 4000 - FEARNLEYS
Handy Atlantic market remained unchanged. Rates from USG to Feast were around USD 18k and Black Sea to Feast about USD 10k. USG-Skaw-Passero rates ...


Wednesday, 12 December 12
69.23 PERCENT OF END-USERS ARE BELIEVE, COAL PRICES ARE IN UPWARD TREND
COALspot.com -  The Indonesian government’s declared coal reference price for December’ 12 has gained US cents 31 per MT  M-o- ...


Wednesday, 12 December 12
CAPESIZE FREIGHT RATES TO RANGE BETWEEN $9,000 - 16,000/DAY IN THE COMING WEEKS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its regular update on the dry bulk market, BIMCO forecasted yesterday, that Capesize time-charter rates are expected to stay elevated in the foll ...


Tuesday, 11 December 12
NEWCASTLE PORT IN AUSTRALIA HAS LOADED 2,720,205 MT OF COAL W/E 10 DECEMBER 2012
COALspot.com - Newcastle port in Australia has loaded 2,720,205 MT of thermal and coking coal for week ended  0700 hours 10 December 2012, Newc ...


Sunday, 09 December 12
COAL SWAPS HAVE LOST DIRECTION DUE TO LACK OF ASIAN INTEREST
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery gained 2.43 percent M-M but lost WoW by 0.54 percent and 0.62 ...


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