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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, 14 November 14
MORE NATURAL GAS FROM RUSSIA TO HELP STABILISE CHINA PRICES - FITCH RATINGS
COALspot.com: Fitch Ratings has said possible additional natural gas supplies from Russia's OAO Gazprom to China via the Altai pipeline would h ...
Thursday, 13 November 14
SLOWER AND LOWER HAS BEEN THE TREND OF THE PANAMAX IN BOTH HEMISPHERES - FEARNLEYS
Handy
We are experiencing an oversupply of tonnage in the Atlantic which is out numbering the amount of cargoes, Fearnleys broker says in its lat ...
Thursday, 13 November 14
DRY BULK MARKET'S REBOUND HINGES ON IRON ORE OVERSUPPLY ISSUES MOVING FORWARD - HELLENIC SHIPPING NEWS
“One man’s benefit, is another man’s demise” is a phrase which can be used to describe today’s situation in the dry b ...
Thursday, 13 November 14
COAL MINISTER WANTS INDIA TO STOP COAL IMPORTS IN TWO OR THREE YEARS
COALspot.com: India to ramp up coal production to a billion tonnes by 2019 from its current level of 490 million tones. According to Power and Coal ...
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 ...
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- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Bhatia International Limited - India
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Energy Development Corp, Philippines
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Planning Commission, India
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
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