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Sunday, 22 June 14
THE PANAMAX COAL FREIGHT FROM INDONESIA TO INDIA SLIPPED THIS WEEK
COALspot.com: The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell slightly on Friday on weaker Panamax and Supramax segments. The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, dipped just 2 points, or lesser than 1percent, to 904 points. Strong Capesize segment helps to keep BDI at this level instead of Panamax and supramax significant fell.
The capesize index gained 220 points, or 12.71 percent, to 1,950 points.
The Baltic's panamax index slipped 121 points, or 20.71 percent, to 461 points and seems to be almost reached its lowest levels.
Average daily earnings for panamaxes, which usually carry coal or grain cargoes of 60,000-70,000 tonnes, dropped to around US$ 3,600 – 4,000 per day delivery China. Panamax segment become this week’s worst performing segment. Supramax follows her elder sister's trend for the same period. Capesize sector becomes the best performing segment this week and was helping BDI to keeps the same level instead of the pressure from Panamax and supramax segments.
The Baltic's Supramax index lost 54 points, or 5.88 percent, to 704 points week on week while the handy size index slipped 3.92 percent and closed at 441 points for the same period.
According to Vistaar Shipping India, in Far East/SE Asia the charter rates on supramax were soft and Supramaxes were rating around US$ 10,000 per day delivery Indonesia for a trip to India.
Freight rates are expected to be same level or further soft next week.
The average charter rate was for Cape is at around US$ 1,4251 per day , Panamax at around US$ 3,702 per day , Supramax US$ 7, 356 per day and Handy size US$ 6571 per day.
The futures for three years (2015-2017) was showing a strong number instead of current weak levels. Capesize vessel wear at US$ 20, 000 per day, Panamaxes at about US$ 10, 500 per day, Supramax vessel at US$ 10,500 per day and Handy size US$ 10,000 per day.
The route S8 route continued to soften and was down almost 7.53 percent and closed at US$ 6,539 per day (last week US$ 7,072 per day). Freight rates from Indonesia to India is expected to be flat to weak next week.
The Brent crude oil prices firmed up due to Iraq unrest and was up by 1.23 pct closing at 114.81per barrel (last week US$ 113.41 per barrel). The bunker prices also firmed and closed at US$ 618.50 pmt (IFO 380 cst ex Singapore on 20th June 2014).
The Panamax coal freight market was weak on Friday. Vistaar’s forecasts coal freights from Indonesia to east coast as well as west coast ports in India fell around US$ 0.50 per MT from last Friday.
Baltic Dry Index - DOWN
Cape index - UP
Panamax index - DOWN
Supramax index - DOWN
Handy index: - DOWN
(as of week ended 20 June 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)
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Monday, 23 June 14
INDONESIAN COAL SWAP FOR Q3 DELIVERY LOST 8.60% Y-O-Y;4.80% M-O-M
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, 23 June 14
COAL SWAPS DROPS FURTHER MONTH ON MONTH ON WEAK DEMAND
COALspot.com: API 8 CFR South China Coal swaps for average Q3 14 deliveries lost 6.91 percent month on month and closed at US$ 69.00 per mt a ...
Friday, 20 June 14
DRY BULK MARKET LOOKING FOR UPSIDE ON ROBUST SEABORNE IRON ORE TRADE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market hasn’t been able to justify the heightened expectations this year. Yesterday, the Baltic Dry Index managed to inch forwar ...
Friday, 20 June 14
US WEEKLY COAL PRODUCTION DROPS 1.8% WEEK ON WEEK
COALspot.com – United States the world's second largest coal producer, produced approximately 18.3 million short tons (mmst) of coal in a ...
Thursday, 19 June 14
PANAMAX: VERY CLOSE TO BREAKING THE ALL TIME LOW RECORD - FEARNLEYS AS
Handy
The Supra-Handy market is experiencing the same market slow down as its bigger sister markets however not to the same extent. We see TA rat ...
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- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
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