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Sunday, 08 September 13
BALTIC INDEX UP ON HIGHER CAPESIZE, PANAMAX RATES
COALspot.com : The freight market continued saw one of the biggest rally last week with Cape Size taking the lead followed by Panamax.
The BDI was up by 19.43 pct and closed at 1352 points on 6 September 2013. Cape index also saw a sharp rise for the week ended 6 September. Cape Index was up 24.79 per cent week on week and closed at 2799 points. The Panamax index saws good gains with the index up 12.68 per cent and closed at 1022 points on Friday. The Supramax and Handysize indices were marginally up and closed at 115 points(up by 2.13 pct) and 537 points (up by 1.13 pct) respectively.
The Cape size charter rates were firm and seems that the demand for iron would be strong at least until end of the year. Cape size Q4 futures, almost at US$ 28000 per day. The Atlantic grain activity is also expected to pick and Panamax charter rates would be firm coming days. The Supramax freight rates from Indonesia to India continued to be firm combined with strong demand for Nickel ore shipments. The Supramax charter rates for Indonesia to India is expected to be firm next week.
The average charter rates were at Cape/US$ 21,793 per day , Panamax/US$ 8,158 per day , Supramax/US$ 10,027 per day and Handy size/US$ 7,688 per day.
The futures for three years (2013-2016) were at around Cape/US$ 19,000 per day, Panamax/US$ 10,500 per day, Supramax/US$ 11,000 per day , Handy size/US$ 9,000 per day.
The supramax index in the far east (S8 route) was up by 6.40 per cent and closed at US$ 8,964 per day (last week it was at US$ 8425 per day) .The route S7 was at same levels closing at US$ 7,875 per day (Last week US$ 7,875 per day) . The freight market in this sector is expected to be firm next week.
The Brent crude oil prices was slightly up by 1.09 pct and closed at US$ 115.26 per barrel (last week US$ 114.01 per barrel) week on week. The bunker prices firmed up and closed at US$ 602.50 pmt (IFO 380 cst ex Singapore on 6th August 2013).
Baltic Dry Index - UP
Cape index - UP
Panamax index - UP
Supramax index - UP
Handy index: - UP
(as of week ended 6 September 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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Friday, 06 September 13
DRY BULK MARKET REACHES NEW YEAR-HIGHS ON THE BACK OF INCREASED CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been on the rise once again, but this time around any new increase of freight rates translates into new year-highs, thus bri ...
Friday, 06 September 13
US PRODUCED APPROXIMATELY 90.80 MMST OF COAL IN AUGUST
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 20.90 million short tons (mmst) of ...
Thursday, 05 September 13
INDONESIAN COAL EXPORTS UP BY 6.72 PERCENT IN JULY
COALspot.com: Indonesia, the world's largest multi grade coal exporter shipped 35.268* million tons of coal in July 2013. Indonesian coal exp ...
Thursday, 05 September 13
HANDY: NICKEL ORE WAS PUSHING THE FAR EAST MARKET - FEARNLEYS
Handy
Nickel Ore was pushing the Feast market, several ships were fixed from low teens to $14k. Indo/India was still supported by bauxite, while th ...
Thursday, 05 September 13
DRY BULK MARKET ON A HIGH ROLL, MAINLY THANKS TO CAPESIZE APPETITE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize owners have been rejoycing on the back of renewed optimism for the further rise in the dry bulk market's freight rates, especially when on ...
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- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
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