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Sunday, 25 November 12
INDONESIA TO INDIA SUPRAMAX FREIGHT RATES ARE EXPECTED TO BE FIRM - VISTAAR


COALspot.com - The freight market was buoyant this week with all sectors up except for the Cape size index. The BDI was up by 5.21 pct closing at 1090 points. The cape size index was down by 2.51 pct closing at 2288 points , whereas panama index was up by 14.33 points closing at 1013 points. The Supramax and Handy size index were also up closing at 724 points (up by 7.42 pct) and 431 points (up by 6.12 pct ) respectively.

The Supramax freight market from Indonesia to India was firm and the freight rates are expected to be up next week too.

The average charter rates were at Cape/US$ 16,412 per day , Panamax/US$ 8,091 per day , Supramax/US$ 7,566 per day and Handy size/US$ 6,357 per day.

The futures for three years (2013-2015) was at around Cape/US$ 15,000 per day, Panamax/US$ 9,500 per day, Supramax/US$ 9,500 per day  and Handy size/US$ 8,000 per day.

The supramax index in the far east (S8 route) was up by 9.48 pct and closed at US$ 8,939 per day (last week it was at US$ 8165 per day). S7 route  was also up by 12.62 pct  and closed at US$ 5192 per day (last week it was US$ 4,610 per day) . Both routes likely to be firm next week.

The congestion in EC Australia was at 44 vessels this week (last week 40 vessels).  The vessels waiting at main coal loading ports were at Hay point/3, DBCT/11, Gladstone/12, Abbot Point/Nil, New Castle/14, Port Kembla/4 vessels.

The Brent crude oil prices was slightly up by 2.01 pct and closed at US$ 111.39  per barrel (last week  US$ 109.19 per barrel). The bunker prices closed higher at US$ 609.50  (last week US$ 611.00 pmt) for IFO 380 cst ex Singapore on 23rd Nov 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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Monday, 12 November 12
DRILLING COMPLETED AT THE MOORLANDS DEPOSIT, WEST BOWEN PROJECT
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Monday, 12 November 12
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COALspot.com - Orpheus Energy (ASX:OEG) has announced that, it has successfully shipped a 5,000 tonne of ADK thermal coal to an Indonesian trading g ...


Sunday, 11 November 12
AN OPTIMISTIC WEEK FOR INDONESIAN SUB-BIT COAL
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for January 2013 delivery gains 2.08 percent WoW  and 1.28 percent DoD on Friday, 9 November ...


Sunday, 11 November 12
THE IRON ORE AND COAL PRICES MOVEMENTS REMAINS LOW - VISTAAR
COALspot.com The  market remained soft with all the sectors soft. The BDI and was down by 4.67 pct closing at 940 points, on Friday 9 Novemb ...


Friday, 09 November 12
SHIP OWNERS TURN TO SECOND HAND VESSELS, WHICH COME AT ATTRACTIVE PRICES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The attractiveness of modern second hand vessels, which are often priced aggressively can't be ignored by cash-rich ship owners, who are taking adv ...


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