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Monday, 18 January 16
BALTIC DRY SHIPPING INDEX DROPS TO 373 POINTS; DECLINE 13% WEEK OVER WEEK
 COALspot.com: The freight market dropped this week as the BDI declined further 13 percent to 373 points week over week. The Cape index was down 42 percent to 198 points week over week.
The Panamax index was also fell 12 percent to 381 points, while the Supramax index was down 8 percent to 394 points. The smaller size ships, the handy size index was decline 4 percent to 245 points week over week on 15 January 2016.
The supramax charter rates for Indonesia to India were rated around $ 4000-5000 per day delivery Singapore. The Supramax rates have now moved down to USD 5000 per day, a level not sufficient to cover daily running costs. The Panamax vessels were rated around $ 3000 per day, delivery Shanghai, the level far below the ship’s daily operating cost.
Freight rates are expected to be weak this week and no indication of the improvements seen in the near future. The supply is dominating compared to the demand for ships.
The Panamax’s average charter rates were reported at around US$3049 per day. The Supramax’s average charters rates were at around $4125 per day and Handy size ships were at $3604 per day.
In the meantime, the futures for three years (2016-2018) for the ships were reported slightly higher than the current spot rates the ship were earning. The Cape size ships were at US$ 8000 per day, Panamax at US$ 7000 per day, Supramax at US$ 7000 per day and Handy size at US$ 6000 per day.
The S8 route charter rates for supramax down 13.43 pct closing at $3641 per day. Indonesia to India freight rates are expected to be soft this week. The current levels or below levels are expected to continues this week.
The Brent crude oil price was closed at $31.01 per barrel on 16 January 2016. The bunker prices were also soft and closed at $152.00 pmt (IFO 380 cst ex Singapore on 15th Jan 2016).
Baltic Dry Index (BDI) - DOWN
Cape index (BCI) - DOWN
Panamax index (BPI) - DOWN
Supramax index (BSI) - DOWN
Handy index - DOWN
(as of week ended 15 January 2016 (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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Wednesday, 10 February 16
OWNERS APPEAR WILLING TO DISPOSE OF TONNAGE THE SOONEST IT HITS THE 10 YEAR MARK - TIMOS PAPADIMITRIOU
COALspot.com: The last two months of 2015 made a case for traditional shipowners to invest in the dry bulk sector, doing so though based purely on ...
Monday, 08 February 16
DRY-BULK SHIPPING DIVING DEEP
COALspot.com: The freight markets continued to fall this past week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of glo ...
Monday, 08 February 16
DRY BULK: SHIPBROKER SEES BDI MARKET REACHING LOW POINT OF 236 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The endless pit that is the dry bulk market over the past two months, has been the issue of debate among ship owners, shipbroker and analysts alike ...
Friday, 05 February 16
COAL INDIA EYES COAL MINES IN SOUTH AFRICA - PTI
“Coal India Ltd has plans of acquiring coal mines in South Africa,” an official said. It is looking at acquiring mines in partnership w ...
Friday, 05 February 16
U.S. WEEKLY COAL OUTPUT ROSE 4.2% TO 13.6 MMST
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.6 million shor ...
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- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- The University of Queensland
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Marubeni Corporation - India
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- MS Steel International - UAE
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
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