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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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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 ...


Monday, 31 December 12
"DISTRESSED", "ECO" AND "FINANCE" ARE THE THREE WORDS WHICH CHARACTERIZED 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2012 was yet another year of speculation, anticipation, pessimism and more speculation in the shipping markets. According to the latest weekly repor ...


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