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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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Friday, 15 November 13
US COAL PRODUCTION UP 2.59% WEEK ON WEEK
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.8 million short tons (mmst) of coal in ...
Friday, 15 November 13
TAIWAN'S PLASTICS GROUP FORMOSA TO IMPORT 1.37 MILLION TONS OF COAL FOR Q1' 14
COALspot.com: Taiwan's Formosa Plastics Group is inviting bids for total 1.37 million mt of coal for 1Q’ 14 for its various plants in Taiwan, ...
Thursday, 14 November 13
KOMIPO TO BUY 270K MT OF SUB-BITUMINOUS COAL FOR Q2' 14
COALspot.com : Korea Midland Power Co., Ltd. has invited bids through International Open Bidding for 140,000 Metric Tons (MT) of sub-bituminous coal ...
Thursday, 14 November 13
PANAMAX : MARKET SHOULD BE AROUND USD 11500 FOR 1 YEAR - FEARNLEYS AS
Handy
The Atlantic market has picked up this week with prompt ships able USG for November dates coming off and chrts need to pay up in order to cov ...
Wednesday, 13 November 13
Y'14 SUB-BIT INDO COAL SWAP MOVING AT SNAIL-SPEED
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q1’2014 delivery gained 2.95 percept month on month on Friday ...
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- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Bhatia International Limited - India
- The Treasury - Australian Government
- Minerals Council of Australia
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Planning Commission, India
- Georgia Ports Authority, United States
- PTC India Limited - India
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Australian Coal Association
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
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