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Monday, 03 February 14
COAL FREIGHT RATES REMAIN UNDER PRESSURE
COALspot.com: The BDI is fell 50 pct over last one month which seems to be one of the lowest fall in last few years.
The BDI was down by 11 pct closing at 1,110 points week on week and the cape size continued to drop down by 19.37 pct closing at 1,524 points for the same period. The panamax and supramax was down by about 11 pct closing at 1,137 points and 996 points respectively comapred to last Friday's cloasing. The handy size followed its big sisters trend and index was down by 3.93 pct closing at 684 points.
In the Far east/SE Asia the supramax charter rates continued its north direction and ships were reported fixed as low at US$ 5,000 + Ballast bonus $50,000 delivery Kalimantan for trip to India. The Pananamx seemed to hold fairly well and ships were being around US$ 8,000-9,000 per day for round voyage. Also several Panamax were reported fixed delivery India / Far east region for trip via ECSA at around US$ 14,000-15,000 DOP.
The supramax spot freight rates from Indonesia to EC India around US$ 8.50 pmt. The freight market is expected to be soft for next week and hopefully there will be some recovery by mid February, according to Capt. Reddy of Solym Carriers Singapore.
The average charter rates was at Cape/US$ 8,263 per day , Panamax/US$ 10,663 per day , Supramax/US$ 10,410 per day and Handysize/US$ 9804 per day.
The futures for three years (2014-2016) was at around Cape/US$ 19,000 per day, Panamax/US$ 12,500 per day, Supramax/US$ 12,500 per day , Handy size/US$ 10,000 per day.
The Brent crude oil prices was down by 1.34 pct and closed at US$ 106.40 per barrel (last week US$ 107.85 per barrel). The bunker prices was steady and closed at 624.00 pmt (IFO 380 cst ex Singapore on 31st Jan January 2014).
Baltic Dry Index - DOWN
Cape index - DOWN
Panamax index - DOWN
Supramax index - DOWN
Handy index: - DOWN
(as of week ended 31 JAN 2014 (week on week))
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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Monday, 20 January 14
SUB-BIT INDONESIA COAL SWAP SEEN LOWER IN 2ND HALF OF 2014
COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery lost $ 0.78 pmt month on month on Friday 17 January 2014. T ...
Monday, 20 January 14
THE CFR SOUTH CHINA COAL MARKET APPEARS TO HAVE LOST DIRECTION
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery lost 4.25 percept month on month and closed at US$ 79.48 per mt as ...
Sunday, 19 January 14
FREIGHT MARKETS SEE CONTINUED WEAK PERFORMANCE
COALspot.com: The market has continued to soften particularly in the far East/SE Asia sector.
The BDI was down 6 pct week on week, the index was ...
Friday, 17 January 14
US COAL PRODUCTION DOWN WEEK ON WEEK: EIA
COALspot.com – United States the world’s second largest coal producer, produced approximately 18.3 million short tons (mmst) of co ...
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 ...
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- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
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