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Saturday, 19 October 13
NICKEL ORE SHIPMENTS KEEP SUPRAMAX CHARTER RATES STEADY - CAPT. REDDY
COALspot.com : The futures freight market continued to go down which was reflected in the physical markets as well.
The BDI continued to be soft and was down by 84 points week ended 18 October and closed at 1901 points. The cape size index followed BDI index and fell by 263 points (closed at 3,264 points). The Panamax index however maintained it levels or slightly up on Friday closing. Panamax index up 36 points and closed at 2,060 points. The Supramax and handy size index ended positive closed at 1213 points (up by 31 points) and 634 points (up by 2 points) respectively.
The Panamax charter rates were slightly soft and ships opening Far east were being fixed around US$ 15,000-16,000 per day for single trips.
The Supramax charter rates were also slightly soft and owners were asking around US$ 11,500 per day delivery Shanghai area. There is still good demand for Nickel Ore Shipments and is keeping the Supramax charter rates steady. Short period rates for Supramax was down to around $ 12000-12500 per day.
The futures was weak in all segment and the effect could follow soon on the physical market. Next week the freight rates are expected to be fairly steady.
The average charter rates was at Cape/$ 28,868 per day , Panamax/$ 16,486 per day , Supramax/$ 12,678 per day and Handy size/$ 8,990 per day.
The futures for three years (2014-2016) was at around Cape/$ 18,000 per day, Panamax/$ 11,500 per day, Supramax/$ 10,500 per day , Handy size/$ 9,000 per day.
The supramax index in the feast (S8 route) was up by 0.41 pct and closed at $12,160 per day (last week it was at $ 12,110 per day).
The route S7 was at same levels closing at $ 7875 per day (Last week $ 7875 per day) . The freight market in this sector is expected to be steady to firm next week.
The Brent crude oil prices was slightly up by 1.20 and closed at $ 109.94 per barrel (last week $ 111.28 per barrel). The bunker prices was up and closed at 615.50 pmt (IFO 380 cst ex Singapore on 17th Oct 2013).
Baltic Dry Index - DOWN
Cape index - DOWN
Panamax index - UP
Supramax index - UP
Handy index: - UP
(as of week ended 18 October 2013 (W-O-W))
Click here for Solym Singapore's forecasts (terms & conditions apply) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)
The information provided by SOLYM Carriers Pte Ltd, Singapore in this report is provided for information purposes only. No claim is made as to accuracy of the content in this report at any time. Solym Carriers Pte Ltd, Singapore and their Group companies or Subsidiaries do not accept any liability to any person or Company for the information provided in this report. No responsibility is taken for any information of services that may appear in this report.
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Wednesday, 01 January 14
COAL & OIL TO SET UP ANOTHER 1,600 MW POWER PLANT IN INDIA - VENKATARAMANI
COALspot.com: Dubai-based Coal & Oil (C&O) Group is planning to make additional investment of around US$ 1.61 billion to set up 1,600 mega w ...
Wednesday, 01 January 14
DRY BULK CARRIER OWNERS ANTICIPATING AN EVEN STRONGER 2014 YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
To begin with, The Hellenic Shipping News Worldwide team would like to wish you all a Happy and Prosperous 2014! We begin the New Year with our firs ...
Tuesday, 31 December 13
INDONESIA'S COAL PRODUCTION COULD HIT 450 MMT IN 2014 - ICMA
COALspot.com: Indonesia, the fourth largest coal producer and largest coal exporter in the world, to increase coal output in year 2014 instead of th ...
Tuesday, 31 December 13
U.S. COAL PRODUCTION INCREASED WEEK ON WEEK, EIA SAYS
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.5 million short tons (mmst) of coal in ...
Tuesday, 31 December 13
MORE THAN $21 BILLION INVESTED IN SECOND HAND SHIP PURCHASES IN 2013
One thing that was apparent in the sale and purchasing markets during 2013 was the ship owners' larger appetite for vessel acquisitions, as most so ...
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- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
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