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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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Tuesday, 17 December 13
NEWCASTLE COAL EXPORTS UP 37.83% WEEK ON WEEK
COALspot.com: In the week ended December 16, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 3.45 ...
Monday, 16 December 13
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 0.53 IN A WEEK
COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery gained $ 0.91 pmt month on month on Friday 13 December 2013 ...
Monday, 16 December 13
API 8 CFR SOUTH CHINA COAL Q3' 14 DELIVERY PRICE CLOSED $1.63 LESSER THAN Q1' 14 PRICE
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 5.34 percept month on month as on Friday 13 December 2013. ...
Sunday, 15 December 13
SUPRAMAX'S FREIGHT RALLY COMES TO AN END THIS WEEK
COALspot.com: The BDI was up by 7 pct closing at 2,330 points week on week and the cape index was also up by 10.51 points and closed at 4,246 points ...
Friday, 13 December 13
HARD COAL : VOLUMES POSSIBLY AT RECORD-BREAKING HIGH; PRICES POSSIBLY AT A RECORD-BREAKING LOW - VDKI
Press Release : World Hard Coal Market 2013: volumes possibly at record-breaking high, prices possibly at a record-breaking low. German and UK impor ...
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- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- PTC India Limited - India
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Sical Logistics Limited - India
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
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