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Saturday, 16 August 14
HIGH DEMAND OF IRON ORE SHIPMENTS PUSHED CAPE INDEX UPWARDS
COALspot.com: This week's freight market was buoyant with Cape and panamax index seeing a big jump pushing the BDI above 1,000 points week on closing at 1,015 points or up by 30.46 pct from last Friday.
The Cape index saw one of the highest gains in one week up by 84 .47 pct closing at 2,151 points. The high demand for Iron ore shipments contributed greatly for the increase of Cape index this week.
Panamax index also saw a significant gains this week or increased 28.68 pct and closed at 803 points.
The supramax index was up 10.44 pct week on week and closed at 877 points while the handy size index was up 5.23 pct for the same period and closed at 382 points.
Overall the sentiments seems to be positive and expect the charter rates to be firm next couple of weeks.
In the Far East/SE Asia the coal shipments were steady and the freight rates were up on Supramax and Panamax. Freight rates are expected to be firm for next few weeks.
The average charter rates was at Cape/US$ 14,391 per day , Panamax/US$ 6,397 per day , Supramax/US$ 9,170 per day and Handy size/US$ 5,663 per day.
The futures for three years (2015-2017) was at around Cape/US$ 20,000 per day, Panamax/US$ 11,000 per day, Supramax/US$ 11,500 per day , Handy size/US$ 9,500 per day.
The route S8 route for supramax slightly firmed up and was up by 1.61 pct closing at US$ 6,664 per day (last week US$ 6,558 per day). Freight rates from Indonesia to India is expected to be firm next week.
The Brent crude oil prices was sown by 1.49 pct at same levels as last week closing at US$ 103.53 per barrel (last week US$ 105.02 per barrel). The bunker prices also remained soft closing at US$ 588.00 pmt (IFO 380 cst ex Singapore on 15th Aug 2014).
Baltic Dry Index - UP
Cape index - UP
Panamax index - UP
Supramax index - UP
Handy index - UP
(as of week ended 15 August 2014 (week on week changes))
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 information provided by Vistaar Shipping Services (India) Private Ltd , India in this report 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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Monday, 15 September 14
CFR SOUTH CHINA COAL SWAP GAINED DAY ON DAY AND WEEK ON WEEK
COALspot.com: API 8 CFR South China Coal swap for delivery in October 2014 decreased US$ 2.30 (-3.36%) month over month, but increased day on day a ...
Sunday, 14 September 14
FREIGHT RATES RALLY AS DEMAND INCREASED
COALspot.com: The Baltic Dry Index (BDI) is a number (in US$) issued daily by the London-based Baltic Exchange up 2.25 percent week on week. BDI cl ...
Friday, 12 September 14
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 673.3 MMST, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.20 million short tons (mmst) of coal in ...
Thursday, 11 September 14
THE PANAMAX MARKET IS TAKING A BREATHER - FEARNLEYS
Handy
We have experienced more activity in both hemispheres this week, said Fearnleys in this week's weekly report.
"We see rates c ...
Wednesday, 10 September 14
ARE GREEK BANKS ON THE VERGE TO START LENDING AGAIN? - JOHN N. COTZIAS
It is well known that Greek Banks had suffered severely after the economic crisis of 2008. From that period onwards, major changes have occur ...
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- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Australian Coal Association
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
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