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Sunday, 17 March 13
COAL FREIGHT RATES STEADY ON HIGHER DEMAND - CAPT. REDDY


COALspot.com - This freight market continued to remain firm in all segments.

The BDI was up by 5.81 pct closing at 892 points. Cape index was up by 2.93 pct closing at 1299 points. The panamax index was holding and was up by 3.38 pct closing at 1162 points.  The supramax and had size indices were up closing at 925 points (up by 7.06 pct) and 506 points (up by 4.76 pct) respectively.

With the iron ore demand softening the capsize charter rates are expected to be soft. The panama and supramax charter rates expected to reaming firm/steady next week.

The average charter rates was at Cape/US$ 4,923 per day , Panamax/US$ 9,296 per day , Supramax/US$ 9,677 per day and Handy size/US$ 7,536 per day.

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

The supramax index in the far east (S8 route) was sharply up by 12.03 pct and closed at US$ 9,640 per day (last week US$ 8,605 per day) .The route S7 was also sharply up by 14.09 pct closing at US$ 7,393 per day (Last week US$ 6,480 per day) .  The freight market in this sector is expected to be steady/firm next week.

The Brent crude oil prices slightly fell and closed at US$ 109.82 per barrel (last week US$ 110.85 per barrel). The bunker prices was lower  and closed at US$ 632.00 pmt (IFO 380 cst ex Singapore on 15th March 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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Tuesday, 04 June 13
NEWCASTLE PORT SHIPPED 2.56 MILLION TONS OF COAL IN A WEEK
COALspot.com - Newcastle port in Australia has loaded 2,563,596 tons of coal for week ended  0700 hours 3 June 2013, Newcastle Port Corp. said ...


Tuesday, 04 June 13
WOOD MACKENZIE SAYS THE CHINA'S THERMAL COAL DEMAND WILL REACH NEARLY 7BTPA BY 2030
COALspot.com - The Illusion of Peak Coal' says that despite efforts to limit coal consumption and seek alternative fuel options, China's strong ap ...


Saturday, 01 June 13
COAL PRICES STRUGGLE TO FIRM UP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have gained  0.18 percent  week on week and 0.03 percent ...


Saturday, 01 June 13
THE FREIGHT MARKET FOR S7 AND S8 SECTORS ARE EXPECTED TO BE SOFT - VISTAAR
COALspot.com – The freights are remains weak week ended 31 May 2013, as BDI fell 2.05 pct and closed at 809 points on 31 May 2013. The Cape ...


Friday, 31 May 13
US PRODUCED 18.5 MILLION SHORT TONS OF COAL W/E 25 MAY 2013
COALspot.com – United states the world’s second largest coal producer produced totalled approximately 18.50 million short tons (mmst) of ...


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