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Sunday, 15 February 15
BALTIC DRY INDEX CONTINUALLY DIPPED IN RED
COALspot.com: The Baltic Dry Index continues its decline and fell 5.18 pct to 530 points week on week due to falling commodity prices and declining import demand from China and particularly celebrations of Lunar New Year holidays next week. Most of the owners are hoping that the market would pick up after the Lunar New Year holidays and will have to wait to see how the market behaves.
In recent months, the dry bulk shipping industry is affected by numerous factors such as world economies’ slow growth and weak commodity demand. China’s economic growth rate impact dry bulk shipper’s movement as China is an important commodity market, which is the backbone of growth of shipping industry recent years. According to industry analysts, the world’s fleet of dry-bulk ships are far exceeding demand and estimated around 20% above demand over the past few years. Recovery of shipping industry has to go through rough sea in coming years to reach a safe destination.
The cape index is down nearly 8.56 percent over the past one week and closed at 630 points on 13 Friday 2015. The Panamax index was the only segment where the index was up 16.04 pct week over week and closed 499 points. The Supramax and Handy size index was also down and closed at 436 points (down by 17.73 pct) and 268 points (down by 10.96 pct) respectively on 13 Friday.
In the Far East/SE Asia the freight rates continued its decline this week and the Supramax charter rate delivery arrival load ports in Kalimantan were being rated at around $ 6,500 per day. In the meantime, Panamax charter rates were soft and ships were reported fixed delivery Indonesia around $ 4,000 per day for a trip to India below its break-even point. Freight rates are still expected to be weak on Supramax and Panamax in coming days.
The Cape average charter rates were reported at around $ 5,117 per day, far below its break-even point, Panamax is at around $ 3,984 per day , Supramax at $ 5,077 per day and Handy size/$ 4,021 per day.
The futures for three years (2015-2017) was reported at around $ 14,000 per day for Cape, $ 9,000 per day for Panamax, $ 9,000 per day for Supramax and Handy size at $ 7,500 per day.
The route S8 route for Supramax was declines 10.20% closing at $ 4,625 per day (last week $ 5094 per day). Freight rates from Indonesia to India is expected remain weak next week.
The Brent crude oil prices was up by 7.43 pct closing at $ 61.52 per barrel (last week $ 57.80 per barrel). The bunker prices was almost at same levels closing at 366.00 pmt (IFO 380 cst ex Singapore on 13th Feb 2015).
Baltic Dry Index (BDI) - DOWN
Cape index (BCI) - DOWN
Panamax index (BPI) - UP
Supramax index (BSI) - DOWN
Handy index - DOWN
(as of week ended 13 February 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, 09 March 15
CHINA'S IMPORTS - NEVER MORE IMPORTANT TO SHIPPING? - CLARKSONS
Over the last 15 years China has led maritime forecasters a right old dance. In 2002, rumours that Chinese iron ore imports were about to take off ...
Sunday, 08 March 15
FREIGHT RATES FROM INDONESIA TO INDIA IS TRENDING UP
COALspot.com: The freight market continued to see gains this week and all the indices were rose except for Cape index. The BDI was increased 4.62 p ...
Friday, 06 March 15
BALTIC DRY INDEX: IS THIS POWERFUL INDICATOR SIGNALING A GLOBAL RECESSION? - STREET AUTHORITY
Although memories of the Great Recession linger, a case can be made that better days lie ahead.
That’s because central banks around the ...
Friday, 06 March 15
U.S. WEEKLY COAL PRODUCTION ROSE 3.5% WEEK ON WEEK
COALspot.com – United States the world's one of the largest coal producers, produced approximately 17.1 million short tons (mmst) of coal ...
Thursday, 05 March 15
PANAMAX : THE ATLANTIC ROUND IS NOW PAYING AROUND US$ 5K PER DAY
COALspot.com: Handy - The activity in the handy/supra segment is back. “ We see more fresh cargo in the market for 2nd half March dates ...
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Showing 3156 to 3160 news of total 6871 |
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- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- PTC India Limited - India
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
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