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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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Saturday, 07 December 13
A RARE TIME IN RECENT SHIPPING MARKET HISTORY: BOTH DRY BULK AND VLCC TANKER EARNINGS ARE ON THE RISE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Around this time of year, back in 2008, i.e. five years ago, the shipping markets were plagued with the aftermath of the global financial crisis tha ...
Friday, 06 December 13
INDONESIAN PARLIAMENT REJECTED A GOVERNMENT PROPOSAL TO EASE THE BAN ON EXPORTING UNPROCESSED ORE
COALspot.com: Indonesian House of Representatives rejected a proposal from Energy and Mineral Resources Minister Jero Wacik on to ease the ban on ex ...
Friday, 06 December 13
THE MINISTRY OF ENERGY & MINERAL RESOURCES OF INDONESIA FIXED DEC'13 HBA AT US$ 80.31
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has increased government declared coal bench mark price by US$ 2.18 / MT ...
Friday, 06 December 13
US PRODUCED APPROXIMATELY 82.8 MILLION SHORT TONS OF COAL IN NOVEMBER 2013
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.00 million short tons (mmst) of coal in ...
Friday, 06 December 13
PANAMAXES HAVE BEEN THE ' WEAPON OF CHOICE' BY MOST DRY BULK SHIP OWNERS DURING 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Low ship prices, the direct consequence of subdued freight rates for the larger part of 2013 have been the main driving force behind this year's ag ...
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Showing 3971 to 3975 news of total 6871 |
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- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Minerals Council of Australia
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- The University of Queensland
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