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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 global supply and demand for shipping of commodities down 6% week over week to 297 points on 5 February 2016. The index peaked at 11,793 in May 2008 and It fell this past Friday to 297 points ( declined 97.48%).
The Cape Index was almost flat week over week. The BCI closed 212 points on 5 February 2016.
The Panamax index (BPI) was up 2.79% to 295 points while the Supramax index (BSI) was down 13.81% to 262 points, compared to 304 points on 29 January 2016.
The handy size index was also down 11.41% to 194 points on 5 February 2016.
Average daily earnings for Supramax, for the route Indonesia to India (delivery Indonesia) rated at around $ 3000-4000 per day this past week, while the Panamax vessels rated at around $ 2000-2500 per day delivery Shanghai, China.
The freight rates are expected to be flat to weak this week due to Chinese New year holidays and lack of demand.
The Cape average charter rates was reported at around US$1547 per day and Panamax’s was reported at around US$2361per day. The Supramax’s average charters rates were at around $2736 per day and Handy size ships were at $2858 per day.
According to Nikkei, already so far, more than half a dozen shipping companies from countries including Hong Kong, China, South Korea, Japan and the U.S. have filed for bankruptcy in the past two years. In 2015, bankruptcies gathered pace as orders dried up while new ships continued to enter the market.
The futures for three years (2016-2018) for the ships were reported slightly higher than the current spot rates the ship were earning. The Cape size ships were at US$ 8000 per day, Panamax at US$ 6500 per day, Supramax at US$ 6500 per day and Handy size at US$ 5500 per day.
The S8 route charter rates for Supramax down 22.85 percent week over week to $1881 per day on Friday 5 February 2016. Indonesia to India freight rates are expected to be flat to weak next week.
The Brent crude oil prices was down by 1.95 pct closing at $ 34.06 per barrel (as on 29th Jan 2016 was $ 34.74 per barrel). The bunker prices were up and closed at $ 166.00 pmt (IFO 380 cst ex Singapore on 5th Feb 2016).
Baltic Dry Index (BDI) - DOWN
Cape index (BCI) - UP
Panamax index (BPI) - UP
Supramax index (BSI) - DOWN
Handy index - DOWN
(as of week ended 5 Feb 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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Thursday, 24 March 16
NEWBUILDINGS' PRICES HAVE STARTED TO COME DOWN - ALLIED | HELLENIC SHIPPING NEWS
Newbuildings’ prices have started to come down, as demand has remained subdued for quite some time now. In its latest weekly report, shipbrok ...
Wednesday, 23 March 16
THE PANAMA CANAL - WILL THE MELTING OF POLAR ICE CAPS CREATE RIVAL NAVIGATIONAL WATERWAYS THROUGH THE ARCTIC? - INTERMODAL
The Panama Canal, 102 years after its initial opening, is now about to have its expansion completed with a cost of USD5.25 Billion. It is a project ...
Tuesday, 22 March 16
FOUR NEW MARKET MEMBERS HAVE JOINED GLOBALCOAL
globalCOAL® announced yesterday that four new Market Members have joined its international trading community.
Ferrocadia DMCC is an intern ...
Monday, 21 March 16
INDONESIAN 4200 GAR COAL INDEX ROSE $0.12 OR, 0.44% WEEK OVER WEEK; INDEX CLOASED AT $27.19 A TON
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.21 percent week over week to averaging $38.90 per ton on this past Friday, ac ...
Monday, 21 March 16
THE BALTIC DRY INDEX ROSE SLIGHTLY WEEK OVER WEEK; BCI UP 11.93%
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued rose this week helped by higher rates for Cape ...
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Showing 2511 to 2515 news of total 6871 |
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- CNBM International Corporation - China
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- The University of Queensland
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- Australian Coal Association
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
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