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Sunday, 22 December 13
QUIET FREIGHT MARKET DUE TO LONG HOLIDAYS
COALspot.com: The market was soft this week with all indices down. However towards second half of the week the futures on segments was firming up.
The BDI was down 5.23 pct and closed at 2208 points and the cape index was also fell 8.74 pct closed 3875 points week on week.
The panamax index was fell by 11.35 pct and supramax index fell 4.57 percent for the same period. Panamax closed at 1858 points while the supramax index clsoed at 1482 points. The handysize index was closed almost at same levels as last week closing.
In view of coming holidays quite a few ships were struggling to fix before Christmas and there were quite a few ships spot.
Supramax passing Singapore were seen asking for around US$ 15,000 for trip via Indonesia to India. In the meantime, Panamax freight were soft and ships were being fixed around only US$ 11,500-12,000 per day. The Panamax were fairly holding as the grain movement from South America and US Gulf seemed to be firm.
The planned suspense over ban of minerals from Indonesia for export by second week January 2014 is expected to have a direct impact on the freight market. As of today, the government of Indonesia is firm on banning the unprocessed mineral by 12 January 2014, as per mining law which was endorsed by parliament on 12 January 2009.
The average charter rates were at Cape/US$ 35,886 per day , Panamax/US$ 14,815 per day , Supramax/US$ 15,500 per day and Handy size/US$ 11,645 per day.
The futures for three years (2014-2016) was at around Cape/US$ 20,000 per day, Panamax/US$ 13,000 per day, Supramax/US$ 12,000 per day , Handy size/US$ 10,000 per day.
The supramax index in the far east (S8 route) dropped almost 12.44 pct after many weeks and closed at US$ 12,810 per day (last week US$ 14,630 per day). The route S7 was at same levels closing at US$ 7,875 per day (Last week US$ 7,875 per day). The freight market is expected to be soft in view of holidays.
The Brent crude oil prices was up by 2.70 pct and closed at US$ 111.77 per barrel (last week US$ 108.83 per barrel). The bunker prices was soft and closed at 609.00 pmt (IFO 380 cst ex Singapore on 20th Dec 2013).
Baltic Dry Index - DOWN
Cape index - DOWN
Panamax index - DOWN
Supramax index - DOWN
Handy index: - DOWN
(as of week ended 20 December 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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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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- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Planning Commission, India
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Australian Coal Association
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Central Electricity Authority - India
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
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