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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, 13 January 16
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
Going through the second week of 2016 we could easily argue that at this point there are no visible signs of an imminent recovery in the Dry Bulk m ...
Wednesday, 13 January 16
IRON ORE IMPASSE - A FAILED CLAIM FOR CONVERSION - CLYDE & CO
KNOWLEDGE TO ELEVATE
In the recent case of the “Bao Yue”, the English High Court found that the bill of lading holder was liable t ...
Tuesday, 12 January 16
5700 GAR COAL FOR DELIVERY WITHIN Q1 FELL 0.91% WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin moved South direction week over week to averaging $39.96 per ton on last Friday, acc ...
Monday, 11 January 16
PORT OF NEWCASTLE SHIPPED 20% MORE COAL IN DECEMBER 2015; AVERAGE SELLING PRICE DECLINE 3.43%
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $1.129 billio ...
Sunday, 10 January 16
LNG BUNKERING IN ASIA: FUELING A PROMISING FUTURE? - REED SMITH
The requirement of a mandatory reduction of sulphur content in bunker fuel proposed by the International Maritime Organisation (IMO) poses a challe ...
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Showing 2611 to 2615 news of total 6871 |
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- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- PTC India Limited - India
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
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