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Sunday, 27 July 14
RAMADAN HOLIDAYS IN INDONESIA PUTTING PRESSURE ON CHARTER RATES FROM INDONESIA - VISTAAR INDIA
COALspot.com: The freight rates were almost steady as very slight improvement in BDI by about 1 pct. The BDI was at 739 points after improving from 732 last week closing.
The cape size index was down by 3.4 pct and index was closed at 1193 points week on week.
The panamax and supramax were up about 3 pct closed at 606 points and 679 points respectively.
The handy size index continued to weak and was down this week by 4.03 pct closed at 357 points. The index probably has bottomed out and may see some gains in the coming weeks, said Capt. Reddy of Vistaar India.
In the Far East/SE Asia, there were few stems only from Indonesia due to Ramadan period and with EID Holidays putting pressure on charter rates, Reddy added.
Supramax vessels passing Singapore were rating around US$ 7,000-8,000 per day. Panamax freights rates was soft with owners asking around US$ 5,000 delivery S. China for trip via Indonesia to India. Freight rates are expected to be flat to soft next week.
The average charter rates was at Cape/US$ 8,621 per day , Panamax/US$ 4,831 per day , Supramax/US$ 7,097 per day and Handy size/US$ 5,383 per day.
The futures for three years (2015-2017) were at around Cape/US$ 19,000 per day, Panamax/US$ 10,500 per day, Supramax/US$ 10,500 per day , Handy size/US$ 9,000 per day.
The route S8 route for Supramax was soft and was down by 5.32 pct closing at US$ 6,633 per day (last week US$ 7,006 per day). Freight rates from Indonesia to India is expected to be flat to soft.
The Brent crude oil prices slightly firmed up and was up by 0.54 pct closing at US$ 108.39 per barrel (last week US$ 107.24 per barrel). The bunker prices also firmed up slightly and closed at US$ 600.50 pmt (IFO 380 cst ex Singapore on 18th July 2014).
Baltic Dry Index - UP
Cape index - UP
Panamax index - UP
Supramax index - UP
Handy index - DOWN
(as of week ended 27 July 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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Friday, 25 April 14
2ND MYANMAR ELECTRIC POWER CONVENTION 2014 IS THE GATEWAY TO MYANMAR POWER INDUSTRY!
Press Release: 2nd Myanmar Electric Power Convention (MEPC) 2014 is scheduled on 21-23 October, 2014 at Traders Hotel in Yangon, Myanmar. MEPC o ...
Friday, 25 April 14
DRY BULK MARKET LOOKING FOR NEW TRACTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market seems to have gained its footing after the past few dissapointing weeks, during which the Baltic Dry Index (BDI) shedded mos ...
Thursday, 24 April 14
HANDY : A FLOW OF FRESH REQUIREMENTS LIFTING THE PACIFIC SLOWLY TO US$ 10-11 K BSS SINGAPORE FOR COAL ROUNDS
Handy
There is still no place to hide in the Atlantic for the smaller but flexible sizes. Slow and weak seems to be the headlines, although th ...
Wednesday, 23 April 14
EUROPE WOULD BE HARD PRESSED TO REPLACE RUSSIAN GAS, FITCH RATINGS SAYS
A ban on Russian gas imports to the EU would cause substantial disruption to Europe's economy and industry, Fitch Ratings says. In the immed ...
Wednesday, 23 April 14
KOMIPO INVITES BIDS FOR LOW VOLATILE BITUMINOUS COAL
COALspot.com : Korea Midland Power Co., Ltd. has invited bids through International open bidding for 90,000 Metric Tons (MT) of low volatile bit ...
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- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
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