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Sunday, 19 April 15
THE OCEAN FREIGHT MARKET SHOWED STEADY THIS WEEK
 COALspot.com: The freight market was fairly steady this week. The BDI was up 2.93% to 597 points week over week. The cape index was also increased 14.16% week over week and closed at 532 points while the Panamax index was up 7 %. The supramax and handysize was slightly down closing at 619 points (down by 2.67 %) and 358 points (down by 7.25 %) respectively.
In the Far East/SE Asia, the freight rates were stable/soft with supramax charter rates for delivery Singapore was around US$ 8,000 per day for a trip via Indonesia to India. Panamax charter rates were steady and ships delivery Indonesia was fixed delivery China around US$ 5,000 per day for a trip to India. Freight rates next week expected to be steady.
The average charter rate for Cape reported at around US$ 3,464 per day, US$ 5,117 per day for Panamax, US$ 6471 per day for Supramax and US$ 5,335 per day for Handy size.
The futures for three years (2015-2017) was at around US$ 14000 per day for the Cape, US$ 9000 per day for Panamax, US$ 9000 per day for Supramax and US$ 8000 per day for Handy size.
The S8 route for supramax softened slightly and was down by 0.63 % closing at US$ 6409 per day (last week US$ 6450 per day). Freight rates from Indonesia to India is expected to be steady next week.
The Brent crude oil prices was firm and was up by 12.16 % closing at US$ 63.45 per barrel (last week US$ 56.57 per barrel). The bunker prices was firm and closed at US$ 347.50 pmt (IFO 380 cst ex Singapore on 17th April 2015).
Baltic Dry Index (BDI) - UP
Cape index (BCI) - UP
Panamax index (BPI) - UP
Supramax index (BSI) - DOWN
Handy index - DOWN
(as of week ended 17 April 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, 29 May 15
COAL PRODUCTION IN THE U.S. ALMOST FLAT THIS PAST WEEK
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 16.1 million short ...
Friday, 29 May 15
SOUTH KOREAN STATE-OWNED UTILITY KOREA MIDLAND POWER INVITES BIDS FOR 780K MT OF COAL FOR H2' 15
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender to buy total 780K Metric Tons (MT) of HCV and LCV ...
Thursday, 28 May 15
TIMEBAR FOR DEMURRAGE CLAIMS - SKULD
KNOWLEDGE TO ELEVATE
English law has traditionally had a strict approach to contractually agreed time bars between commercial parties as well ...
Wednesday, 27 May 15
MARKET INSIGHT - TIMOS PAPADIMITRIOU
Earlier in the year I looked at how the market was reacting to the prolonged fall of the price of oil. Back then it was still unclear if the fallin ...
Tuesday, 26 May 15
HOW HAS THE DROP IN OIL PRICES AFFECTED OTHER COMMODITIES? - CLYDE & CO
KNOWLEDGE TO ELEVATE
The effects of the dramatic drop in the price of both Ice March Brent, the international oil marker, and its US counterpa ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Australian Coal Association
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Planning Commission, India
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Vedanta Resources Plc - India
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