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Sunday, 20 April 14
FREIGHT RATES END WEEK ON WEAK NOTE - VISTAAR
Wish you all Happy Easter.
The freight market continued to its downwards as BDI was fell 7.187 percent to 930 points week on week.
The cape size index also followed BDI and closed at 1591 after losing 11.06 percent week on week. The Panamax index seemed to have bottomed out and was slightly up by 3.83 pct and closed at 812 points for the same period. The Supramax and handy size index were down by about 2.05 pct and 4.13 pct closing and 908 points and 533 points respectively.
In the Far East/SE Asia, the Supramax charter rates continued to be soft and most vessels were rating around US$ 12,000 per day passing Singapore, but charterers were rating lower than US$ 12K. Panamax rates were also continued to be soft with owners rating around US$ 8,500 per day delivery South China. Freight rates are expected to be follow same trend next week.
The average charter rates were at Cape/US$ 8,831 per day , Panamax/US$ 6,539 per day , Supramax/US$ 9,496 per day and Handy size/US$ 7,928 per day.
The futures for three years (2014-2016) was at around Cape/US$ 23,000 per day, Panamax/US$ 12,500 per day, Supramax/US$ 12,500 per day , Handy size/US$ 10,000 per day.
The route S8 route softened further and was down by 3.75 pct closing at US$ 9,656 per day (last week US$ 10,033 per day ). Freight rates from Indonesia to India is expected to be soft next week.
The Brent crude oil prices was slightly up by 2.05 pct and closed at US$ 109.53 per barrel (last week US$ 107.33 per barrel). The bunker prices was slightly up and closed at 590.00 pmt (IFO 380 cst ex Singapore on 17th April 2014).
Baltic Dry Index - DOWN
Cape index - DOWN
Panamax index - UP
Supramax index - DOWN
Handy index: - DOWN
(as of week ended 17 April 2014 (week on week))
Click here for Vistaar Shipping Services (India) Private Ltd forecasts (subject to terms, conditions & Disclaimer clauses) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)
The freight forecasts and information provided by Vistaar Shipping Services (India) Private Ltd , India in this report (including suprmax & Panamax freight forecasts) is provided for information purposes only. No claim is made as to accuracy of the content in this report at any time. Vistaar Shipping Services (India) Private Ltd, 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, 02 July 14
THE PANAMAX MARKET CONTINUED TO BLEED FOR ANOTHER WEEK - INTERMODAL
COALspot.com: The Dry Bulk market succumbed to mounting pressure this past week, while the Capesize market proved unable to “save the day&rdq ...
Wednesday, 02 July 14
HANDY BULKERS PROVE TO BE THE MOST SOUGHT AFTER VESSELS OVER THE PAST WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The Handy dry bulker proved to be the most sought after ship by ship owners active in the second hand market, which saw a slight decline in terms o ...
Wednesday, 02 July 14
SHIPPING: MARKET INSIGHT - GEORGE DERMATIS
After 6 months, 57 ministerial meetings and 67 political agreements, the journey of the Greek Presidency in the EU reached its end yesterday; only ...
Tuesday, 01 July 14
INDIAN POWER PLANT COAL STOCKPILES VERY LOW
COALspot.com: According to today's Weekly Dry Bulk Report published by Commodore Research, Indian power plant coal stockpiles have now fallen t ...
Monday, 30 June 14
SUB-BIT FOB INDONESIA COAL PRICES ARE STILL STRUGGLING TO RECOVER
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on week and on month according to AsiaClear OTC coal swap's reports release ...
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- Orica Australia Pty. Ltd.
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- PTC India Limited - India
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Economic Council, Georgia
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Bhatia International Limited - India
- Posco Energy - South Korea
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Electricity Generating Authority of Thailand
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
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