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Sunday, 23 March 14
THE COAL FREIGHT RATES SEEN SLIGHTLY FIRMING UP THIS WEEK - REDDY
COALspot.com: The freight market firmed up this week. BDI was up 8.26 pct week on week and index was closed at 1599 points. The Cape index was up 14.53 pct and closed at 3066 points. The Panamax index was a bit soft and was almost at same levels compared to last week closing while the supramax was slightly up by 2.20 pct closed at 1209 points. The Handysize index was almost at same levels or up just 0.45 pct and closed at 674 points.
In the Far East/SE Asia the charter rates on supramax continued to firm and most vessels were rating around $ 16,000 per day passing Singapore. Panamax rates was almost steady or firm compared to last week. Freight rates expected to be fairly steady next week starting from Monday 24 March 2014.
The average charter rates was at Cape/$ 24,835 per day , Panamax/$ 8,956 per day , Supramax/$ 12,643 per day and Handy size/$ 9,937 per day.
The futures for three years (2014-2016) was at around Cape/$ 25,000 per day, Panamax/$ 13,500 per day, Supramax/$ 13,500 per day , Handy size/$ 10,500 per day.
The S8 route continued to remain firm and was up this week by 8.03 pct closed at $ 13,738 per day (last week $ 13,539 per day ) with the freights rates from Indonesia to India being fairly firm.
The Brent crude oil prices was slightly down 1.52 pct and closed at $ 106.92 per barrel (last week $ 108.57 per barrel). The bunker prices was steady and closed at 597.50 pmt (IFO 380 cst ex Singapore on 21st March 2014).
Baltic Dry Index - UP
Cape index - UP
Panamax index - DOWN
Supramax index - UP
Handy index: - UP
(as of week ended 21 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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Monday, 24 March 14
SGX'S Q2'14 CFR SOUTH CHINA COAL SWAP CLOSES SLIGHTLY HIGHER W-O-W
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries lost 1.81 percent month on month and closed at US$ 74.82 per mt as o ...
Saturday, 22 March 14
SHIP OWNERS INVEST $15 BILLION FOR NEWBUILDINGS AND SECONDHAND VESSELS DURING FEBRUARY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners have kept on their aggressive stance in the investment scene both for newbuildings, as well as for secondhand vessels globally durin ...
Friday, 21 March 14
DRY BULK MARKET STAYS ON RECOVERY MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has reached new year heighs, as a result of renewed Capesize demand. The Baltic Dry Index (BDI) ended yesterday's sessio ...
Friday, 21 March 14
US COAL PRODUCTION UP 1.5%; WEST MISSISSIPPI COAL PRODUCTION DOWN 1.85% WEEK ON WEEK
COALspot.com – United States the world's second largest coal producer, produced approximately 19.0 million short tons (mmst) of coal i ...
Friday, 21 March 14
MERCURIA ANNOUNCES ACQUISITION OF J.P. MORGAN PHYSICAL COMMODITIES BUSINESS
COALspot.com: Mercuria Energy Group announced that it has reached a definitive agreement with J.P. Morgan Chase & Co. to acquire its physica ...
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- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- VISA Power Limited - India
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- Marubeni Corporation - India
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Planning Commission, India
- The University of Queensland
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
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