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Sunday, 15 September 13
CAPE FREIGHT RATES RISE ON HIGH DEMAND AND TIGHT AVAILABILITY - CAPT. REDDY
COALspot.com : The BDI, Cape and Panamax indices are continued to rise and saw a steep surge with average index in these segments up around 25 pct week on week. The BDI was up 21 pct on week and closed at 1636 points on 13 September. The cape index was also gained 23.11 pct on week and closed at 3446 points week ended 13 September 2013.
The Panamax saw the biggest gain this week. The panamax index up 28.04 pct and closed at 1306 points week on week. However, the supramax index was slightly down, fell 1.98 pct and closed at 940 points week ended 13 September 2013. The Handy size index was up by 1.30 pct and closed at 544 points week on week.
Since 1st August the BDI has gone up by about 53 pct ,Cape index up by 78 pct,, Panamax index up by 25 pct while the Supramax and handy size index was up only by about 3 pct.
The Cape size charter rates continued to rise with average spot charter rates are now at around US$ 30,000 per day, Quite few charterers were looking to convert Cape cargoes into panamax parcel due to tightness on availability of capes and firm charter rates, this combined with grain season saw the Panamax index up by 28 pct . The charter rates for Cape and Panamax is expected to be firm as some reports suggest that the iron ore shipments to China would be steady even though the prices of are down.
The freight rates from Indonesia to India would be expected to be firm next week on all the segments (ex. Cape/Panamax/Supramax).
The average charter rates was at Cape/US$ 29,609 per day , Panamax/US$ 10,474 per day , Supramax/US$ 9,831 per day and Handy size/US$ 7,771 per day.
The futures for three years (2014-2016) was at around Cape/US$ 19,000 per day, Panamax/US$ 10,500 per day, Supramax/US$ 10,500 per day , Handy size/US$ 9,000 per day.
The supramax index in the far east (S8 route) was up by 5.31 pct and closed at US$ 9,440 per day (last week US$ 8,964 per day) .The route S7 was at same levels compared to same period last week. However, the freight market in this sector is expected to be firm next week.
The Brent crude oil prices was slightly down or fell 2.15 pct week on week and closed at US$ 112.78 per barrel (last week US$ 115.26 per barrel). The bunker prices also closed lower at US$ 598.50 pmt (IFO 380 cst ex Singapore on 13th Sept 2013).
Baltic Dry Index - UP
Cape index - UP
Panamax index - UP
Supramax index - DOWN
Handy index: - UP
(as of week ended 13 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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Monday, 07 October 13
SGX - CFR SOUTH CHINA COAL SWAPS END ALMOST FLAT
COALspot.com : SGX has launched API 8 CFR South China Coal Swap on 29 April 2013 and SGX replaced the previous swap.
API 8 CFR South China Coal s ...
Monday, 07 October 13
Q3'14 SUB-BIT FOB INDONESIA COAL SWAP CLOSED 6.53% HIGHER THAN Q4'13
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q4 2013 delivery gained 0.53 % on day and fell 2.33 percept month on month ...
Sunday, 06 October 13
DRY BULK FREIGHT MARKET STAYS STEADY IN SPITE CHINESE HOLIDAYS - SOLYM CARRIERS SINGAPORE
COALspot.com: The freight market continued to remain firm in spite of Chinese holidays.
The BDI closed at 2,084 points on Friday 4 October or up ...
Saturday, 05 October 13
CAPESIZE EARNINGS SKYROCKET AS A RESULT OF INCREASED CHINA DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
An increased iron ore demand has triggered this latest dry bulk rally, which could get yet another boost during next week, when China is expected to ...
Friday, 04 October 13
NICKEL ORE SHIPMENTS - LESSONS LEARNED FROM LOSSES
One of the most pressing problems for the bulk shipping industry is the safe carriage of nickel ore. The increasing demand for this commodity is fue ...
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- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Renaissance Capital - South Africa
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
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