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Sunday, 18 August 13
INDO - INDIA FREIGHT EXPECTED TO BE FIRM NEXT WEEK - VISTAAR
COALspot.com - The freight market was up this week with the BDI gaining more than 10 pct due to strong Cape Sector.
The BDI was closed at 1,102 points (up 10.09 pct week on week) on 16 August 2013, and the Cape index closed 16.49 pct higher than a week ago (2,112 points on week on week) . The Panamax sector remained almost steady but closed slightly lower or 2.64 percent lower than last Friday closing. (923 points week on week). The Supramax index was almost at same levels up only 0.55 pct and closed at 916 points. The Handy size index was almost at same levels down 0.77 pct and closed at 517 points.
The major gain on the Cape sector is directly linked to Iron ore imports to China, and the demand has been positive in July/August and the Iron ore prices also have been firming up. The futures have been quite firm indicating that there has been a lot of demand for forward contracts.
“ The Panamax freight expected to be steady to stable this week in the SE Asia region. The Supramax freight rates from Indonesia to India continued to be soft”, said Capt. Reddy of Vistaar Shipping. He expects, the next week freight from Indonesia to India would be higher than this week.
The average charter rates was at Cape/usd 14,377 per day , Panamax/usd 7,355 per day , Supramax/usd 9,579 per day and Handy size/usd 7,528 per day.
The futures for three years (2013-2015) was at around Cape/usd 16,000 per day, Panamax/usd 10,000 per day, Supramax/usd 10,000 per day , Handy size/usd 9,000 per day.
The supramax index in the far east (S8 route) was down by 2.91 pct and closed at US$ 7692 per day(last week usd 7923 per day) .The route S7 was at same level and closed at usd 7,875 per day (Last week usd 7875 per day) . The freight market in this sector is expected to be fairly steady / stable next week.
The Brent crude oil prices was up by 3.49 pct and closed at usd 110.40 per barrel (last week usd 106.68 per barrel). The bunker prices ended slightly higher at usd 603.50 pmt (IFO 380 cst ex Singapore on 16th August 2013).
Baltic Dry Index - UP
Cape index - UP
Panamax index - DOWN
Supramax index - UP
Handy index: - DOWN
(as of week ended 16 August 2013 (W-O-W))
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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Saturday, 10 August 13
DEMOLITION ACTIVITY TO BE CRUCIAL AGAIN IN PROVIDING SUPPORT TO THE DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
We appear to have forgotten demolition activity this year, with the Baltic Dry Index gaining traction in the latter part of the second half and emer ...
Friday, 09 August 13
US PRODUCED 4.00 PERCENT LESS COAL ON WEEK
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 20.00 million short tons (mmst) of ...
Thursday, 08 August 13
HANDY : NO POSITIVE SENTIMENT FOR THE FAR EAST MARKET - FEARNRESEARCH
Handy
No positive sentiment for the Far East market. There are a number of ships coming open in SE Asia this week and owners rating mid/high USD 8k ...
Thursday, 08 August 13
MALAYSIA HOSTS THIRD ANNUAL ASIAN SUB-BITUMINOUS COAL USERS' GROUP CONFERENCE
Press Release : The third Annual Asian Sub-Bituminous Coal Users’ Group (ASBCUG) conference convenes Sept. 30-Oct. 3 at the Eastern & Orie ...
Wednesday, 07 August 13
HANDIES : FINDING IT DIFFICULT TO SUSTAIN THEIR PREVIOUS LEVELS - KONSTANTINOS KONTOMICHIS
Broker's insight
by Konstantinos Kontomichis,
SnP Broker
Entering the most predictable month of the year, as expected the seasonal effects ha ...
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Showing 4171 to 4175 news of total 6871 |
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- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- GMR Energy Limited - India
- Mercator Lines Limited - India
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- Bhatia International Limited - India
- Eastern Energy - Thailand
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Australian Coal Association
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Dalmia Cement Bharat India
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