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Sunday, 31 August 14
COAL FREIGHT RATES INTO INDIA FROM INDONESIA FIRM
COALspot.com: The freight market continued to firm this week. BDI up 5.42 percent week ended 29 August and closed at 1147 points while the Cape index was up 3.63 percent for the same period. Cape index was closed at 2627 points.
The Baltic Dry Index is a composite of three sub-indexes that measure different sizes of dry bulk carriers (merchant ships) - Capesize, Supramax and Panamax. Multiple geographic routes are evaluated for each index to give depth to the index's composite measurement.
According to Vistaar shipping, the cape index will continue is journey heading to North direction due to increased of iron ore shipments to China from south America.
The Panamax index was up 7.26 percent week on week and closed at 970 points on 29 August 2014 and the Supramax index was increased 3.52 percent. The Supramax index was closed at 970 points while Handy size index was closed at 442 points after up 7.02 percent week on week.
In the Far East/SE Asia, the coal shipments were steady and the freight rates were also up for Supramax and Panamax. Freight rates are expected to be firm for next few weeks, said Capt. Reddy of Vistaar Shipping.
The average charter rate for Cape at US$ 16,877 per day , for Panamax at US$ 6,941 per day , for Supramax at US$ 10,140 per day and for Handy size for US$ 6,521 per day.
The futures for three years (2015-2017) were at around US$ 20,000 per day for cape size vessel, US$ 11,000 per day for Panamax, US$ 11,500 per day for Supramax and US$ 9,500 per day for Handy size.
The route S8 route for Supramax slightly firmed up and was up 5.91 percent closed at US$ 7,467 per day (last week US$ 7050 per day) week on week. Freight rates from Indonesia to India is expected to be firm next week.
The Brent crude oil prices was almost at same levels as last week up by 0.88 pct at closing at US$ 103.19 per barrel (last week US$ 102.29 per barrel). The bunker prices remained steady closing at US$ 591.00 pmt (IFO 380 CST ex Singapore on 29th Aug 2014).
Baltic Dry Index - UP
Cape index - UP
Panamax index - UP
Supramax index - UP
Handy index - UP
(as of week ended 29 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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Saturday, 27 September 14
OIL MARKET CONTANGO: SPECULATION ON FUTURE PRICES CAN BE A RISKY MOVE, EVEN FOR TANKER OWNERS HELLENIC SHIPPING NEWS
Despite the fact that tanker owners can easily use their vessels as floating storage units for oil, in a bid to exploit the current oil market dyna ...
Saturday, 27 September 14
MORE COAL MINERS AGREE TO AMEND CONTRACTS - THE JAKARTA POST
The Energy and Mineral Resources Ministry is in a rush to beat a deadline for the conclusion of numerous memorandums of understanding (MoUs) with t ...
Friday, 26 September 14
INDIA SUPREME COURT RULING TO HIT STEEL, UTILITY EARNINGS, SAYS FITCH
COALspot.com: The 24 September Supreme Court of India (SCI) decision to cancel almost every coal block allocation since 1993 will have a negative f ...
Friday, 26 September 14
U.S WEEKLY COAL PRODUCTION FELL 1.8% WEEK OVER WEEK, SAYS EIA
COALspot.com – United States the world's one of largest coal producers, produced approximately 18.80 million short tons (mmst) of c ...
Friday, 26 September 14
ORACLE SIGNS EPC FRAMEWORK AGREEMENT WITH SEPCO FOR COAL MINE AND POWER PLANT IN PAKISTAN
COALspot.com: Oracle Coalfields PLC, the UK developer of a lignite coal mine and power plant in the south-eastern Sindh Province, Pakistan, has ann ...
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- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Economic Council, Georgia
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Planning Commission, India
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
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