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Sunday, 07 April 13
CHARTER RATES ARE UNDER PRESSURE DUE TO DECLINING DEMAND - VISTAAR
COALspot.com - The freight market continued to fall further with all the indices down.
The BDI was down by 5.38 pct closing at 861 points and the Cape index was down by 2.72 pct closing at 1,215 points. The panamax index was also down by 6.97 pct closing at 1,094 points and the supramax index was down by 3.39 pct closing at 912 points. The Handy size index was down by 4.02 pct closing at 525 points.
The charter rates are down with the decline in demand for grain cargoes from South America and Iron Ore to China. The low steam coal demand also keeping the charter rates under pressure.
The average charter rates was at Cape/US$ 4,261 per day , Panamax/US$ 8,755 per day , Supramax/US$ 9,533 per day and Handy size/US$ 7,797 per day.
The futures for three years (2013-2015) was at around Cape/US$ 14,000 per day, Panamax/US$ 10,000 per day, Supramax/US$ 10,000 per day , Handy size/US$ 9,000 per day.
The supramax index in the feast (S8 route) was sharply down by 11.68 pct and closed at US$ 9075 per day (last week US$10,275 per day) .The route S7 was also down by 3.45 pct closed at US$ 7,878 per day (Last week US$ 8,160 per day).
The freight market in this sector is expected to be flat to firm this week.
The Brent crude oil prices softened and was down by 5.36 pct closing at US$ 104.12 per barrel (last week US$ 110.02 per barrel). The bunker prices was lower and closed at US$ 620.50 pmt (IFO 380 cst ex Singapore on 5th April 2013).
Baltic Dry Index : Down
Cape index: Up
Panamax index : Down
Supramax index: Down
( as of 5 April 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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Friday, 15 February 13
SCRAPPING TO RISE AS BULKER OWNERS SUFFER - DREWRY MARITIME RESEARCH
Drewry's latest Dry Bulk Forecaster report suggests that cash-strapped shipowners will scrap younger and younger ships this year as the dry bulk ma ...
Thursday, 14 February 13
HANDY: ATLANTIC "STABLE"; PACIFIC "QUIET" - FEARNLEYS
Handy
The Atlantic remain stable with rates for FH from USG around USD 18k. The Pacific remains quiet due to Chinese New Year holidays. Rates were ...
Thursday, 14 February 13
BIMCO FORECASTS MOSTLY HIGHER DRY BULK RATES FOR THE COMING WEEKS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Higher steel demand is expected to keep dry bulk rates elevated during the next six weeks, according to the latest BIMCO forecast. The Organization ...
Wednesday, 13 February 13
6TH ANNUAL CBM CONFERENCE
The 6th Annual CBM conference which will be held in Singapore on 18-21 June 201 offers comprehensive insights into leading CBM projects in the Asia- ...
Tuesday, 12 February 13
GOVERNMENT DECLARED INDONESIAN THERMAL COAL PRICE INCHES UP IN FEBRUARY
COALspot.com - The Indonesian government has declared bench mark price for coal has moved upwards in February 2013.
The monthly coal refere ...
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- Medco Energi Mining Internasional
- Australian Coal Association
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Meenaskhi Energy Private Limited - India
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- India Bulls Power Limited - India
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