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Sunday, 19 October 14
LOW DEMAND PUSHES DOWN COAL FREIGHT RATES; VOLATILITY CONTINUES
COALspot.com: This week all the segments softened including BDI except for Panamax index.
The BDI was down by1.70 pct and clsoed at 944 points while the cape index was down by 11.78 pct and closed at 1362 points week on week.
The panamax index was up 11.67 pct and closed at 966 points. In the meantime, the Supramax index was down by 4.84 pct week on week and closed at 923 points and the handysize index was down by 2.90 pct closing at 501 points.
In the Far East/SE Asia the freight rates were soft and the supramax charter rates delivery Singapore was reported fixed at around US$ 11,000 per day. Panamax charter hires were also soft. Freight rates are expected further weak next week.
The average charter rate was for Cape at US$ 8,308 per day, Panamax at US$ 7,735 per day , Supramax at US$ 9,651 per day and Handy size at US$ 7,320 per day.
The futures for three years (2015-2017) was for Cape at around US$ 16,500 per day, for Panamax at around US$ 10,000 per day, Supramax at around US$ 10,500 per day and for Handy size at around US$ 9,000 per day.
The route S8 route for supramax was soft and down by 3.98 pct closed at US$ 7,564 per day (last week US$ 7,878 per day). Freight rates from Indonesia to India is expected to be soft next week.
The Brent crude oil prices was soft and was down by 4.49 pct closing at US$ 86.16 per barrel (last week US$ 90.21 per barrel). The bunker prices softened closing at US$ 477.50 pmt (IFO 380 cst ex Singapore on 17th Oct 2014).
Baltic Dry Index - DOWN
Cape index - DOWN
Panamax index - UP
Supramax index - DOWN
Handy index - DOWN
(as of week ended 17 October 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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Thursday, 13 November 14
MODERN DRY BULK SHIPS' PRICES START FIRMING UP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
While the main story of the past few weeks has been the rebound of the dry bulk market, which has been a result of increased Chinese iron ore impor ...
Wednesday, 12 November 14
PANAMAX: WITNESSED A FAIRLY STABLE MARKET IN THE ATLANTIC
COALspot.com: Despite the fact that the Dry Bulk market noted another weekly increase, clouds of uncertainty returned mid-week onwards, as the mini ...
Wednesday, 12 November 14
SHIPPING MARKET INSIGHT - CHRISTOPHER T. WHITTY
COALspot.com: The fight continues between the low-cost iron ore producers and the big three: Vale, Rio Tinto and BHP Billiton. We are moving into a ...
Tuesday, 11 November 14
FACING CHALLENGES AND MEETING OPPORTUNITIES - INTERNATIONAL EPC CONFERENCE & EXHIBITION
Press Release: SKYCONNECTION and TRANSEVENT, which is fully supported by the Institution of Engineers Indonesia and Ministry of Industry of the Rep ...
Tuesday, 11 November 14
NEWCASTLE COAL SWAP CLOSED AT $ 52.65 FOR Q1' 15 DELIVERY
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery decreased US$ 2.83 (-5.10%) month over month and US$ 1.35 (-2.50%) week ove ...
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- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Parliament of New Zealand
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- The University of Queensland
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
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