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Sunday, 06 January 13
FREIGHT MARKET REMAINED FAIRLY STEADY - VISTAAR


WISH YOU ALL HAPPY NEW YEAR

COALspot.com - The freight market remained fairly steady in spite of Christmas / New Year Holidays. The BDI was almost steady closing at 706 points. The iron ore movement picked up and seems China stocking up iron ore which kept the cape size index firm closing at 1285 points. Panamax index was soft closing at 670 points. The supramax and handy size index was almost steady closing at 739 points and 446 points respectively.

The average charter rates was at Cape / US$ 5,259 per day , Panamax / US$ 5,622 per day , Supramax / US$ 7,654 per day and Handy size / US$ 6,587 per day.

The futures for three years (2013-2015) was at around Cape / US$ 13,500 per day, Panamax / US$ 9,000 per day, Supramax / US$ 9,500 per day , Handy size / US$ 8,000 per day.

The supramax index in the feast (S8 route) was fairly steady closing at US$ 8,660 per day .The route S7 was also fairly steady closing at US$ 5,198 per day .  The freight market is expected to be steady this week.

The Brent crude oil prices was up and closed at US$ 111.45  per barrel. The bunker prices closed higher at US$ 627.50 pmt ( IFO 380 CST ex Singapore on 4th Jan 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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Recent News

Friday, 01 February 13
HANDY - FLAT; PANAMAX - FLAT TO WEAK; CAPESIZE - WEAK
Handy The Atlantic market remained stable with no significant movement in rates. Rates from USG to FEast were around USD 17k and Black sea to Feast ...


Thursday, 31 January 13
DRY BULK RATES ON A FALLING PATTERN DUE TO ADVERSE WEATHER CONDITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The seasonal factor has emerged as the latest catalyst in determining the course of the dry bulk market, as the floods in eastern Australia, the big ...


Thursday, 31 January 13
NEWCASTLE PORT SHIPPED 2.70 MMT OF COAL W/E 28 JANUARY 2013
COALspot.com - Newcastle port in Australia has loaded 2,703,921 MT of thermal and coking coal for week ended  0700 hours 28 January 2013, Newca ...


Thursday, 31 January 13
MMTC TO IMPORT 2.68 MMT OF COAL FOR ARAVALI POWER CORPORATION LTD
COALspot.com: The tender floated by MMTC on behalf of Aravali Power Corporation Ltd, a Joint venture between NTPC and State of Haryana for supply of ...


Wednesday, 30 January 13
TNPL TO SECURE 300K MT OF IMPORTED COAL SUPPLIES AT US$ 75.95 PMT FOR MARCH - AUGUST 2013 DELIVERY
COALspot.com – Chennai  based Coastal Energy Private Limited (C&O Group of companies)  offered lowest price of US$ 75.95 per met ...


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