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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, 03 March 16
BDI FURTHER STRENGTHENING; THE INCREASE IN RATES WAS NOT SUBSTANTIAL
COALspot.com: The BDI closed off on a positive note for a second week in a row, further strengthening the belief that the market might be bottoming ...
Thursday, 03 March 16
RIO TINTO COMPLETES SALE OF INTEREST IN BENGALLA JOINT VENTURE FOR US$616.7 MILLION
COALspot.com: Rio Tinto has completed the sale of its 40 per cent interest in the Bengalla coal Joint Venture in Australia to New Hope Corporation ...
Wednesday, 02 March 16
RE-EVALUATION OF MINING LICENSES CLEAN AND CLEAR STATUS IN INDONESIA
COALspot.com: In connection with the transfer of mining authority from Regents/Mayors to Governors1 and from Regents/Mayors and Governors to t ...
Wednesday, 02 March 16
OIL MY GOD.....!!!!
OIL my GOD….!!!!
The oil price “crash” that started in 2014 was caused by a glut of practically unwanted oil. Producers had be ...
Tuesday, 01 March 16
CS 42 (4200 GAR) COAL INDEX CLOSED AT US$ 27.11 A TON ON 26 FEBRUARY
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 0.31 percent week over week to averaging $38.77 per ton on this past Friday, ...
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Showing 2541 to 2545 news of total 6871 |
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- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- The University of Queensland
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
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