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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, 09 June 14
API 8 CFR SOUTH CHINA COAL SWAP Q3 14 DELIVERIES LOST 4.61% M-O-M
COALspot.com: API 8 CFR South China Coal swaps for average Q3 14 deliveries lost 4.61 percent month on month and closed at US$ 71.62 per mt a ...
Sunday, 08 June 14
DRY BULK MARKET RATES FOR PANAMXES TO REMAIN VOLATILE; NO IMPROVEMENTS SEEN OVER THE WEEK
COALspot.com: Cape index increase pushes BDI index to 989 points week on week. The BDI firmed up by 5.88 pct and closed at 989 points week ended 6 ...
Saturday, 07 June 14
EVERYTHING CHANGES, AND NOTHING ABIDES - HERACLITUS
A couple of weeks ago, and while everyone was focusing on the struggling freight market, Russia and China made history by signing a three-decade lo ...
Saturday, 07 June 14
FIRST BITE AT ANTI-CORRUPTION CLAUSE - BIMCO
In recent years a number of countries have introduced anti-corruption legislation which, unfortunately, fails to recognise the practical implicatio ...
Saturday, 07 June 14
U.S. MONTHLY COAL PRODUCTION SLIGHTLY HIGHER IN MAY 2014
COALspot.com – United States the world's second largest coal producer, produced approximately 19.2 million short tons (mmst) of coal in a ...
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- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Aboitiz Power Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- Minerals Council of Australia
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Renaissance Capital - South Africa
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