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Sunday, 01 December 13
PANAMAX RATES HAVE REBOUNDED - CAPT. REDDY
COALspot.com: The freight market was quite firm last week with all the indices increased. Cape Index was gained highest this week which supports increase of BDI.
The international dry bulk market ended last week with the Baltic Dry Index (BDI) at 1,821 points, an increase of 338 points of 22.79% from a week ago and the average cape index was up by 29.25 pct for the same period. Capesize rates index rebounded and was closed at 3,089 points and the Panamax index also saw a good gain week ended 29 November. Panamax index was closed 1665 points up by 22.25 percent compared to a week ago. The Supramax and handy size indices were also moved up steadily last few weeks. Supramax was up by 5.88 pct closed at 1,475 and Handy up 4.94 pct and closed at 764 points W-W.
The Supramax charter rates continued to be firm in the far east/SE Asia and the freight rates remained firm from Indonesia to India and China with owners getting a premium for WC India. The demand for Bauxite and nickel ore shipments from Indonesia remained high which keeping the charter rates firm in this region. Ships from EC India were being fixed around US$ 14,000 for trip via Indonesia to China. The charter rates expected to remain firm next week too. The panamax charter rates also firmed up and the Large , Modern and Economical type panamaxes were asking average US$ 13,000 for a trip via Indonesia to India.
The average charter rates was at Cape/US$ 24,611 per day , Panamax/US$ 13,293 per day , Supramax/US$ 15,424 per day and Handy size/US$ 10,870 per day.
The futures for three years (2014-2016) were at around Cape/US$ 18,000 per day, Panamax/US$ 12,000 per day, Supramax/US$ 12,000 per day , Handy size/US$ 9,500 per day.
The Supramax rates in the far east (S8 route) ended this week averaging US$ 15,938 per day (last week it was at US$ 14,920 per day) which was an increase of $1018 (6.82%) from a week ago and charter rates were firm.
In the meantime, the S7 route was at same levels or no changes this week compared to last week. The Supramax rates in the far east (S7 route) ended this week averaging US$ 7,875 per day (last week it was at US$ 7,875 per day).
However, the charter rates from EC India was firm and ships were being fixed around at US$ 13,000 per day for a trip to China. The freight market in this sector is expected to be firm next week too.
The Brent crude oil prices was soft down by 1.22 pct and closed at US$ 109.69 per barrel (last week US$ 111.05 per barrel). The bunker price was also soft and closed at 606.00 pmt (IFO 380 cst ex Singapore on 29th Nov 2013).
Baltic Dry Index - UP
Cape index - UP
Panamax index - UP
Supramax index - UP
Handy index: - UP
(as of week ended 29 November 2013 (W-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, 17 January 14
DRY BULK MARKET ENDS DECLINE, BOUNCES BACK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It's been a rough start to the New Year for the dry bulk market, which was supposed to be on the verge of rallying to new heights this year, on the ...
Friday, 17 January 14
SPOT COAL PRICE TRENDS IN US VARY ACROSS KEY BASINS DURING 2013, SAYS EIA
COALspot.com: Spot steam coal price trends in US varied across key basins in 2013, a latest EIA report says. Compared with 2012, while total coal de ...
Thursday, 16 January 14
PANAMAX : THE GAP BETWEEN SPOT AND PERIOD HAS INCREASED IN BOTH HEMISPHERES - FEARNRESEARCH
Handy
In the Atlantic we have seen rates slowly sliding on lack of enough fresh business. USG/Continent still paying excess 28k and seems on an upw ...
Thursday, 16 January 14
SHIP OWNERS SCRAP 1,119 SHIPS DURING 2013 ON THE BACK OF OVERSUPPLY ISSUES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Scrapping of older vessels is still the best bet that ship owners can make, in order to improve their newer vessels' fortunes, amid an oversupply o ...
Wednesday, 15 January 14
KOREA MIDLAND POWER CO INVITES BIDS FOR 360K MT OF SUB-BITUMINOUS COAL FOR ITS BORYEONG PLANT
COALspot.com : Korea Midland Power Co., Ltd. has invited bids through International open bidding for 360,000 Metric Tons (MT) of sub-bituminous ...
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Showing 3901 to 3905 news of total 6871 |
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- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- Planning Commission, India
- The University of Queensland
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- London Commodity Brokers - England
- White Energy Company Limited
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- Sinarmas Energy and Mining - Indonesia
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Parliament of New Zealand
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Minerals Council of Australia
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