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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, 13 November 13
THE SOFTENING HAS AFFECTED THE BIGGER SIZE SEGMENTS; SMALLER ONES STILL APPEAR TO BE VERY STABLE - INTERMODAL
After a month and a half of back to back weekly declines, the dry bulk market has finally reversed its negative course. We believe that there should ...
Wednesday, 13 November 13
DRY BULK MARKET HAS REVERSED ITS NEGATIVE COURSE - INTERMODAL
Chartering (Wet: Firm+ / Dry: Stable+ )
The Dry Bulk market has reversed its negative course this past week with rates for Capes making up fo ...
Wednesday, 13 November 13
NEWCASTLE COAL EXPORTS PLUNGE 12.40% IN W/E 10 NOVEMBER FROM THE PRIOR WEEK
COALspot.com: In the week ended November 11, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totaled 2.42 ...
Monday, 11 November 13
TAMIL NADU STATE OWNED POWER GENERATOR TO IMPORT 3.7 MMT OF 6000 GAD COAL
COALspot.com - TANGEDCO, Tamil Nadu Generation & Distribution Corporation Ltd, Tamil Nadu state owned power generator & distributor intends ...
Sunday, 10 November 13
PANAMAX COAL FREIGHT RATES REMAIN UNDER PRESSURE; SUPRAMAX BIGGEST GAINER - REDDY
COALspot.com: The freight market was up this week with all indices increased except for Panamax index.
The BDI was up by 56 points closing at 158 ...
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Showing 4016 to 4020 news of total 6871 |
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- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
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