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Sunday, 14 September 14
FREIGHT RATES RALLY AS DEMAND INCREASED
COALspot.com: The Baltic Dry Index (BDI) is a number (in US$) issued daily by the London-based Baltic Exchange up 2.25 percent week on week. BDI closed at 1,181 points on 12 September.
The cape index was also up 2.53 pct for the same period and closed at 2,546 points. In the meantime, Panamax index was slightly softened or lost 6.01 percent week over week and closed at 875 points.
The supramax and handy size indices were almost at same levels or up just 1 percent. Supramax closed at 1006 points and Handy size closed at 477 points week over week.
In the Feast/SE Asia, the coal shipments were steady and the freight rates were up for Supramax and Panamax loading and expected to be continued the trend. Larger Supramax vessels were rating around US$ 12,500-13,000 per day passing Singapore.
Freight rates are expected to be firm for next few weeks.
The average charter rate for cape was at US$ 17,470 per day, Panamax was at US$ 7,013 per day, Supramax was at US$ 10,519 per day and Handy size was at US$ 7,046 per day.
The futures for three years (2015-2017) were at around US$ 20,000 per day for Cape, 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 continued to firm, up 6.43 pct week on week and closed at US$ 8561 per day (last week US$ 8044 per day). Freight rates from Indonesia to India is expected to be firm next week.
The Brent crude oil prices slightly softened down by 3.68 pct closing at US$ 97.11 per barrel (last week US$ 100.82 per barrel). The bunker prices also softened closing at US$ 580.00 pmt (IFO 380 cst ex Singapore on 12th Sept 2014).
Baltic Dry Index - UP
Cape index - UP
Panamax index - DOWN
Supramax index - UP
Handy index - UP
(as of week ended 12 Spetember 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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Wednesday, 17 September 14
SHIPPING MARKET INSIGHT - GEORGE LAZARIDIS
Since the onslaught of 2013 the rising tide of asset prices had been primarily driven by the increasing freight market conditions and the improving ...
Tuesday, 16 September 14
INDONESIAN GOVERNMENT DECLARED HBA SUFFERED ANOTHER SETBACK IN SEPTEMBER
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down the coal bench mark price once again in September. HBA for ...
Tuesday, 16 September 14
INDONESIAN COAL OUTPUT WON'T EXCEED 421M TONS: GOVT - JP
The government is optimistic that it will meet its coal production target for this year, which caps nationwide production at a flat number compared ...
Monday, 15 September 14
CHINA'S COAL PROPOSALS LEAVE SOME HOPE FOR EXPORTERS - DAILY NEWS
When the best thing you can say about new policies is that they aren’t as bad as they could have been, then you know your industry is in deep ...
Monday, 15 September 14
SUB-BIT FOB INDONESIA COAL SWAP, JANUARY 2015 DELIVERY GAINED DAY ON DAY AND WEEK ON WEEK
COALspot.com: Indonesian coal swaps for average October 2014 increased US$ 0.40 (+0.78%) day on day and US$ 0.55 (+1.08%) per mt week on week. The ...
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- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
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