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Sunday, 27 April 14
INDONESIA TO INDIA FREIGHT RATES ARE EXPECTED TO BE STEADY NEXT WEEK
COALspot.com: The freight market seems to have bottomed out and saw some marginal gains in all segments, said Capt. Reddy of Vistaar Shipping India.
The BDI was increased by 3.82 percent closing at 967 points. The cape size index was also increased by 6.60 pct to 1696 points week on week.The Panamax index was followed cape and BDI indexes as the panamax index was up 6.40 percent closing at 864 points for the same period. The supramax index was almost at same levels closed at 912 points while the handy size index was lost ground or lost 3 pct closing week on week.
In the Far East/SE Asia, the supramax charter rates continued fell and most vessels were rating around US$ 12,000 per day passing Singapore. However charterers were rating lower than US$ 12,000 per day. Panamax rates were also continued soft with owners rating around US$ 8,500 per day delivery South China. Freight rates are expected to be steady/firm next week.
The average charter rates were at Cape/US$ 9,895 per day , Panamax/US$ 6,953 per day , Supramax/US$ 9,531 per day and Handy size/US$ 7,696 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 slightly or lost 0.67 pct closing at US$ 9,591 per day (last week US$ 9,656 per day ). Freight rates from Indonesia to India is expected to be steady next week.
The Brent crude oil prices was almost steady as was at same levels closing at US$ 109.58 per barrel (last week US$ 109.53 per barrel). The bunker prices was almost at same levels and closed at 590.50 pmt (IFO 380 cst ex Singapore on 25th April 2014).
Baltic Dry Index - UP
Cape index - UP
Panamax index - UP
Supramax index - UP
Handy index: - DOWN
(as of week ended 25 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, 04 June 14
SKULD: DIVERSIFICATION AND A ROBUST BOTTOM LINE
In February, I was delighted to ring in the new policy year with the Skuld team following a solid renewal round and a strong year. 2013 was, in man ...
Monday, 02 June 14
SUB-BIT FOB INDONESIA COAL SWAPS LOST GROUND THIS WEEK
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on day, week and on month according to AsiaClear OTC coal swap's reports re ...
Monday, 02 June 14
SOUTH CHINA COAL SWAP WAS SHOWING A POSITIVE MOVE IN Q4, INSTEAD OF THIS WEEK'S WEAK TREND
COALspot.com: API 8 CFR South China Coal swaps for average Q3 14 deliveries lost 3.39 percent month on month and closed at US$ 72.65 per mt as on F ...
Sunday, 01 June 14
INDO - INDIA SUPRMAX FREIGHT RATES CONTINUED TO DOWN THIS WEEK
COALspot.com: The freight market was soft this past week as all sectors soften particularly Panamax index was lost 129 points or 12.88% week on wee ...
Friday, 30 May 14
CLEAN COAL PROCESSING & CONVERSION ASIA SUMMIT 2014
Clean Coal Processing & Conversion Asia Summit 2014 will be held on Nov 20-21st, 2014 in Jakarta, Indonesia.
With the cooperation of ...
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- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
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- Bhushan Steel Limited - India
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- Eastern Coal Council - USA
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- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
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- The State Trading Corporation of India Ltd
- Minerals Council of Australia
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- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Edison Trading Spa - Italy
- Romanian Commodities Exchange
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- Parry Sugars Refinery, India
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- Bukit Makmur.PT - Indonesia
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- Tata Chemicals Ltd - India
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
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- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
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- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- The University of Queensland
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- Sindya Power Generating Company Private Ltd
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- Economic Council, Georgia
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- Indian Energy Exchange, India
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- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
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- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
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- Chettinad Cement Corporation Ltd - India
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- IEA Clean Coal Centre - UK
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- GN Power Mariveles Coal Plant, Philippines
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- Africa Commodities Group - South Africa
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- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
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