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Sunday, 25 January 15
PANAMAX FREIGHT RATES STILL FALLING
COALspot.com: The BDI was slightly down this week to 720 points. The BDI lost 2.83 pct week on week.
The cape index continued its upward trend and gained 43.06 pct week on week. The BCI closed at 887 points on 23 January 2015. The Panamax index was quite weak or declined 9.75 pct week over week and closed at 685 points.
The supramax index was also declined 9.22 pct and handy size index was closed at 380 points after losing 9.09 pct.
In the Far East/SE Asia, the freight rates were soft and the supramax charter rates delivery Singapore were being rated around $ 7500-8000 per day for a trip to India.
Panamax charter rates were also weak and ships were reported fixed delivery Shanghai area around $ 4000-5000 per day for a trip to India. Freight rates expected to be soft to flat on supramax vessels and panamax vessels.
The average charter rates for Cape was reported at $ 7006 per day, Panamax at $ 5465 per day, Supramax at $ 6794 per day and Handy size at $ 5732 per day.
The futures for three years (2015-2017) was reported at around $ 14000 per day for Cape, $ 9000 per day for panamax, $ 9500 per day for Supramax and $ 8000 per day for Handy size.
The S8 route for supramax was fell 14.78 pct and closed at $ 6850 per day (last week $ 8038 per day). Freight rates from Indonesia to India is still expected to be soft next week, the same trend as last week.
The Brent crude oil prices was slightly down week over week or declined 2.75 pct and closed at $ 48.79 per barrel (last week $ 50.17 per barrel) on 23 January 2015. The bunker prices were also almost at same levels closing at 283.50 pmt (IFO 380 cst ex Singapore on 23rd Jan 2015).
Baltic Dry Index (BDI) - DOWN
Cape index (BCI) - UP
Panamax index (BPI) - DOWN
Supramax index (BSI) - DOWN
Handy index - DOWN
(as of week ended 23 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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Friday, 20 February 15
U.S. PRODUCED AROUND 19.2 MILLION SHORT TONS OF COAL WEEK ON WEEK
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19.2 million short tons (mmst) of coal ...
Thursday, 19 February 15
PANAMAX: NOPAC AND AUSSIE ROUNDS ARE DONE IN LOW/MID $ 4000; TRIPS VIA INDONESIA TO INDIA CLOSER TO THE $5000 MARK - FEARNLEYS
Handy
The handy and supra market has not seen any firming rates in front of the Chinese New Year and still suffering on low activity in both hemi ...
Wednesday, 18 February 15
DRY BULK SHIPPING TO RECOVER IN LATE 2015 - DREWRY MARITIME RESEARCH
Strong trade growth, moderating fleet development and deployment of new fuel efficient vessels are expected to lead to a recovery in dry bulk shipp ...
Tuesday, 17 February 15
WHO PAYS THE SUEZ CANAL FEES? - INCE & CO
KNOWLEDGE TO ELEVATE
This was an appeal from an arbitration award on a point of construction in relation to the wording of an addendum to a ch ...
Tuesday, 17 February 15
BUOYANT WAVES IN RECENT YEARS: GLOBAL SHIP INVESTMENT SINCE THE CRASH - HELLENIC SHIPPING NEWS
Anxiety about fleet expansion is a recurring feature of world shipping markets. Within the global maritime community, worries about the vast amount ...
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- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Planning Commission, India
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- The University of Queensland
- Electricity Generating Authority of Thailand
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- ASAPP Information Group - India
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