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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, 30 June 14
INDO - INDIA FREIGHT RATES CONTINUE TO WEAK
COALspot.com: The latest dry Index shows that average all-in spot freight declined, the Panamax and Supramax slipping by 9.11 percent and 4% respec ...
Friday, 27 June 14
DRY BULK MARKET STILL LOOKING FOR UPSIDE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has kept up its lacklustre performance during the past week, as evidenced by the course of the Baltic Dry Index (BDI). The BDI ...
Thursday, 26 June 14
PANAMAX : A PACIFIC ROUND PAYS AROUND US$ 3K DAILY - FEARNLEYS AS
Handy
In the Atlantic there has been little activity which again has caused rates to slip across all trades. TA´s are now down to US$ 5,500 ...
Thursday, 26 June 14
KOMIPO INVITES BIDS FOR TOTAL 750K MT OF BITUMINOUS COAL FOR 3CY
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) has issued a new tender for supply of total 250,000 MT of bituminous co ...
Thursday, 26 June 14
COAL DIVESTMENT CAMPAIGNS COME WITH RISKY UNINTENDED CONSEQUENCES - WCA
Last week I presented to the Expert Group on investments in coal and petroleum companies, the body set up to advise the Norwegian Government on whe ...
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Central Electricity Authority - India
- Planning Commission, India
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- Deloitte Consulting - India
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Australian Coal Association
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- The University of Queensland
- MS Steel International - UAE
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
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