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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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Sunday, 06 December 15
DESPITE TEMPTING NEWBUILDING PRICES, CONTRACTING IN DRY BULK REMAINS LOW - BIMCO
The current newbuilding prices for dry bulk ships has dropped so much that they just passed the lows of 2012 heading downwards and are now at the l ...
Friday, 04 December 15
FOB INDONESIA COAL SWAPS ARE ALMOST FLAT OVER WEAK DEMAND
COALspot.com: Indonesian coal swaps for delivery Q1 2016 declined month on month and rose slightly week over week. Coal prices seen very margi ...
Friday, 04 December 15
COAL PRODUCTION IN THE U.S. FOR W/E NOVEMBER 28TH FELL SLIGHTLY FROM THE PREVIOUS WEEK
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 15.0 million shor ...
Friday, 04 December 15
MINING OUTLOOK WEAKENS FURTHER ON FALLING CHINESE DEMAND - FITCH
COALspot.com: Fitch Ratings' outlook for the global mining sector in 2016 is firmly negative, reflecting our view that Chinese demand will cont ...
Thursday, 03 December 15
DRY BULK: THERMAL COAL LOWER USAGE UNDER A POTENTIAL NEW CLIMATE DEAL WILL ADVERSELY IMPACT THE MARKET'S RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In direct contrast to the tanker market, the dry bulk one has seen demand for key commodities, such a coal, dwindling down over the course of the p ...
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- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Indian Energy Exchange, India
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- PTC India Limited - India
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Energy Link Ltd, New Zealand
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