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Monday, 10 March 14
THE FREIGHT MARKET WAS QUITE FIRM THIS PAST WEEK
COALspot.com: The freight market was quite firm this past week with BDI sharply increased by 22.65 pct week on week and closed at 1543 points, while cape index saws some strong activity and was very firm for the same period. Cape index was up by 22.52 pct closed at 2980 points.
However the Panamax index fell 2.18 pct week on week and index was closed at 1075 points, 24 point lower than last week closing. The supramax index continued its strong trend and was up by 2.54 pct and closed at 1131 points. The handy size index was almost steady closed at 663 points week on week.
In the Far east/SE Asia the charter rates on supramax firmed up and most vessels were rating around US$ 16,000 per day passing Singapore and US$ 14-15000 per day for delivery South China for trip to India. Some vessels were keen to go to WC India and were offering some discount for calling WC India. Panamax rates remained almost steady and expected see the charter rates strengthening up due to strong Cape charter rates.
Freight rates expected to be firm this week from Indonesia to India.
The average charter rates was at Cape/US$ 24,243 per day , Panamax/US$ 11,831per day , Supramax/US$ 11,831 per day and Handy size/US$ 9654 per day.
The futures for three years (2014-2016) was at around Cape/US$ 25,000 per day, Panamax/US$ 13,500 per day, Supramax/US$ 13,500 per day , Handy size/US$ 10500 per day.
The route S8 route was up this week by 9.94 pct and closed at US$ 12533 per day (last week US$ 11400 per day ) with the freights rates from Indonesia to India being fairly firm.
The Brent crude oil prices was almost at same levels and closed at US$ 109.00 per barrel (last week US$ 109.07 per barrel). The bunker prices was steady and closed at 598.00 pmt (IFO 380 cst ex Singapore on 7th March 2014).
Baltic Dry Index - UP
Cape index - UP
Panamax index - DOWN
Supramax index - UP
Handy index: - UP
(as of week ended 7 March 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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Wednesday, 26 March 14
NEWBUILDING ORDERING ACTIVITY PICKS UP PACE ON IMPROVING DRY BULK MARKET CONDITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The gradual improvement of the dry bulk market, as expected for some time now, is urging shipowners to increase their newbuilding ordering activ ...
Wednesday, 26 March 14
LARGE AMOUNT OF VESSELS CHARTERED TO HAUL IRON ORE CARGOES TO CHINESE BUYERS THIS WEEK - COMMODORE RESEARCH & CONSULTANCY
COALspot.com: Through the first three days of this week, 18 dry bulk vessels have been chartered to haul spot iron ore cargoes to Chinese buyers ...
Wednesday, 26 March 14
JOIN IN THE CLEAN COAL CASE STUDY WITH SINOPEC!
Produced by CDMC Events, The 13th Clean Coal Forum 2014 will be held on June 12,13, 2014 in Beijing, China. We are glad to invite Experts ...
Tuesday, 25 March 14
INDONESIAN SUB-BITUMINOUS COAL SWAP FOR Q2 DELIVERY CLOSED $ 57.40 PMT W/E 21 MARCH 2014
COALspot.com – Indonesia, the world’s largest exporter of the thermal coal's swaps for delivery April - June 2014 gained this pa ...
Tuesday, 25 March 14
NEWCASTLE COAL EXPORTS JUMP 29.16% TO 2.79 MMT WEEK ON WEEK
COALspot.com: In the week ended 24 March 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, total 2.79 ...
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- MS Steel International - UAE
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- Australian Coal Association
- Edison Trading Spa - Italy
- The University of Queensland
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
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