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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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Friday, 15 January 16
FOB INDONESIA COAL SWAPS FIRM SLIGHTLY LAST WEEK
COALspot.com: Indonesian coal swap delivery Q1 2016 declined month over month and week over week.
According to AsiaClear OTC coal swap's r ...
Friday, 15 January 16
SHIPPING: 2016 STARTED WITH MISERY ACROSS THE BOARD FOR SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As one would have expected, the dry bulk market starter the new year where it left off in 2015, plunging to never seen before depths, as the market ...
Friday, 15 January 16
U.S. WEEKLY COAL PRODUCTION ROSE ACROSS ALL BASINS: EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.4 million shor ...
Thursday, 14 January 16
FOB RICHARDS BAY COAL SWAP FOR Q3 DELIVERY CLOSED $5.90 LOWER THAN Q1 PRICE
COALspot.com: Q1’ 2016 API4 FOB Richards Bay Coal swap up month over month and week over week.
The Q1’ 2016 FOB Richards Bay Coal ...
Wednesday, 13 January 16
U.S. COAL PRODUCTION DECLINED BY 109 MMST IN 2015; COAL EXPORTS DECREASED 21% Y-O-Y
COALspot.com: U.S. coal production declined by 109 million short tons (MMst) (11%) in 2015, the largest decline ever recorded, says EIA.
The 2 ...
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- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- MS Steel International - UAE
- Independent Power Producers Association of India
- The University of Queensland
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Planning Commission, India
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
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