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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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Sunday, 18 January 15
INDONESIA TO INDIA SUPRAMAX FREIGHT RATES ARE EXPECTED TO REMAIN WEAK NEXT WEEK
COALspot.com: The BDI was up 4.51 pct week on week on Friday 16, January 2015. The BDI closed at 741 points on this Friday after gaining arou ...
Friday, 16 January 15
U.S. WEEKLY COAL PRODUCTION UP 7.3% W-O-W
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.9 million short tons (mmst) of coal ...
Thursday, 15 January 15
PANAMAX : MARKET CONTINUE ON LOW PACE - FEARNLEYS
Handy
On a general basis we can say that rates are softening in both hemispheres. Although for some specific trades we can see premiums being ach ...
Thursday, 15 January 15
LOW CASH COSTS, GOOD LIQUIDITY HELP ASIAN OIL COMPANIES IN PRICE ROUT - FITCH
Fitch Ratings says that rated oil and gas production companies in Asia can comfortably operate under low oil prices for some time given their gener ...
Wednesday, 14 January 15
DRY BULK MARKET NOTED ANOTHER WEEKLY DECLINE - INTERMODAL
COALspot.com: The Dry bulk market noted another weekly decline on Friday, with the performance of the Capesize market still weighing down on the re ...
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- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- The University of Queensland
- Marubeni Corporation - India
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- PTC India Limited - India
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Altura Mining Limited, Indonesia
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- London Commodity Brokers - England
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
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