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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, 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 whi ...
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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- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Essar Steel Hazira Ltd - India
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Planning Commission, India
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
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