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Sunday, 11 January 15
BDI DECLINED 8% ON WEEK; BCI LOST 31%
COALspot.com: The BDI continued its decline in the first week of this year or lost 8 pct week over week. The BDI was closed at 709 points while the cape index closed at 311 points after losing 31 pct week over week.
The Panamax index was also declined 7.6%. The panamax index was closed at 764 points on 9th Janaury 2014.
The Supramax and Handysize tonnage also lost some ground and the supramax and Handy size indices were fell 9 pct and closed at 800 points and 446 points respectively.
In the Far East/SE Asia the freight rates were soft and the supramax charter rates delivery Singapore were being rated around US$ 11,000 per day for a trip to India. In the meantime, Panamax charter rates were also soft and ships were reported fixed delivery Shanghai area around US$ 6,000 per day for a trip to India.
Freight rates are expected to be soft on supramax vessels and panamax vessels next week.
The average charter rate for Cape reported at around US$ 3,315 per day, Panamax at US$ 6,095 per day, Supramax at US$ 8,361 per day and Handy size at US$ 6,676 per day.
The future for three years (2015-2017) was reported at around US$ 14,000 per day for Cape, US$ 9,000 per day for Panamax, US$ 9,500 per day for Supramax and US$ 8,000 per day for Handymax.
The route S8 route for Supramax was lost 7.57 pct and closed at US$ 8,750 per day (last week US$ 9,467 per day). Freight rates from Indonesia to India is expected to be weak next week.
The Brent crude oil prices was sharply down by 11.18 pct week over week and closed at US$ 50.11 per barrel (last week US$ 56.42 per barrel). Bunker price the key cost component of shipping that averaged lower in January on year on year. The bunker price softened further week over week, IFO 380 cst ex Singapore closed at US$ 285.50 pmt on 9th Jan 2015, 28-Day spread $77.00.
Baltic Dry Index (BDI) - DOWN
Cape index (BCI) - DOWN
Panamax index (BPI) - DOWN
Supramax index (BSI) - DOWN
Handy index - DOWN
(as of week ended 9 January 2015 (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, 12 January 15
SHIPPING - CHALLENGES AND RESOLUTIONS - EVA TZIMA
Last year has without a doubt been another challenging one both for both our industry and our country. As Greece is currently dominated by election ...
Friday, 09 January 15
U.S. EASTERN SPOT STEAM COAL PRICES FELL IN 2014; ROSE IN WEST - EIA
U.S. Eastern spot steam coal prices declined in 2014 compared to 2013 levels because of a decline in steam coal exports.
According to U.S. Ene ...
Friday, 09 January 15
WEEKLY U.S. COAL PRODUCTION UP AN ESTIMATED 2.2% Y-O-Y
COALspot.com – United States the world's one of the largest coal producers, produced approximately 17.6 million short tons (mmst) of coal ...
Thursday, 08 January 15
INDONESIA PRESSES ON WITH HIGHER COAL ROYALTY FEE TO BOOST STATE REVENUE - JG
The Indonesian government is pressing on with its plan to raise the royalty charged to coal miners in order to increase state revenue, but the move ...
Wednesday, 07 January 15
FUEL EFFICIENT SHIPS MAKE LESS SENSE IN LOWER BUNKER PRICE MARKET, BUT FUEL COSTS ARE BOUND TO RISE AGAIN
The shipping industry entered 2015 on mixed emotions, as a relatively buoyant tanker market is met by a rather lackluster dry bulk market. Still, a ...
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- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- The University of Queensland
- Star Paper Mills Limited - India
- Minerals Council of Australia
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Planning Commission, India
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
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