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Sunday, 09 December 12
LOW DEMAND PUSHES CHARTER RATES TOWARDS DOWN - VISTAAR
COALspot.com - The freight market has softened and BDI, The Baltic Dry Index, a measure of shipping costs for dry bulk goods, plunged below 1000 points on Friday closed at 966 points (down by 12.67 pct).
The Baltic Dry Index is issued daily by the UK-based Baltic Exchange, and has been in existence since 1744. It tracks the worldwide international shipping prices of major raw materials and dry bulk cargoes by sea, including grain, iron ore, coal and other fossil fuels. The BDI measures the shipping costs of these raw materials for four different sizes of merchant vessels on 26 different geographic routes and averages them into one index.
The cape index has also dropped by 1.67 pct and closed at 1832 points. The Panamax also continued to fall this week closed at 936 points . The supramax and handy size index was almost at same levels down by less than 1 pct closing at 760 points and 470 points respectively.
The charter rates dropped towards second half of the week due to drops in demand. The Freight market likely to be soft next week too.
The average charter rate for Cape was around US$ 12,066 per day , Panamax was at around US$ 7441 per day this week. In the meantime Supramax was at US$ 7,947 per day and Handy size US$ 6,589 per day.
The futures for three years (2013-2015) was at around Cape / $14000 per day, Panamax $ 9,500 per day, Supramax $ 9,500 per day and Handy size$ 8000 per day.
The supramax index in the far east (S8 route) was down by 3.36 pct and closed at $ 9770 per day (last week it was at $ 10110 per day). The route S7 was also down by 1.46 pct closed at $ 5725 per day (last week was at $ 5810 per day) . The market seems to be weak this week and the freights from Indonesia to India also to be soft next week.
The congestion in EC Australia increased to 79 vessels this week (last week 67 vessels). The vessels waiting at main coal loading ports were at Haypoint/4, DBCT/17, Gladstone/17, Abbot Point/2, New Castle/33, Port Kembla/2 vessels.
The Brent crude oil prices was down by 3.59 pct and closed at $ 107.16 per barrel (last week $ 111.15 per barrel). The bunker prices closed higher at $ 595.00 (last week $ 600.50 pmt) for IFO 380 cst ex Singapore on 6th Dec 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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Thursday, 03 January 13
DRY BULK DEMAND TO KEEP RISING IN 2013, DRY BULK SHIP PRICES TO KEEP FALLING SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In a recent report on the future of the shipping markets, DVB bank said that dry bulk demand is expected to keep on growing in the coming years, mai ...
Wednesday, 02 January 13
NEWCASTLE PORT SHIPPED 23.61 PERCENT MORE COAL W-W
COALspot.com - Newcastle port in Australia has loaded 3,533,183 MT of thermal and coking coal for week ended 0700 hours 31 December 2012, Newc ...
Wednesday, 02 January 13
DRY BULK MARKET TO STAY ELEVATED IN START OF 2013 BUT THE NEW YEAR WILL NOT BE WITHOUT TURBULENCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its regular update on the dry bulk market, BIMCO forecasted, that Capesize time-charter rates are expected to stay elevated in the following six ...
Monday, 31 December 12
KOSEP IS LOOKING FOR 280K MT OF 4600 NCV COAL FOR APRIL - JUNE 2013
COALspot.com : South Korean state-owned utility Korea South-East Power Co., Ltd. (KOSEP), has issued an new tender for prompt supply of 280,00 ...
Monday, 31 December 12
VALE CELEBRATES ARRIVAL OF "VALE SOHAR" BULK CARRIER TO SULTANATE WITH MEMBERS OF COMMUNITY
'Vale Sohar', one of the largest bulk carriers in the world, was welcomed to Oman by members of the North Al Batinah community headed by H.E. Shei ...
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- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Australian Coal Association
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Planning Commission, India
- Romanian Commodities Exchange
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Makarim & Taira - Indonesia
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