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Monday, 04 April 16
CAPE INDEX JUMPED 70% WEEK ON WEEK
 COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week.
The freight market was steady and all segments were slightly up ending in positive note.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global supply and demand for shipping of commodities up 10.84% week over week to 450 points on 1 April 2016. The index peaked at 11,793 in May 2008.
The Cape Index also rose 69.95% week over week or up 142 points. The BCI closed 345 points on 1 April 2016.
The Panamax index (BPI) was up 14.81% to 535 points while the Supramax index (BSI) was rose 0.63% to 476 points on 1 April 2016, compared to 473 points on 24 March 2016.
The handy size index was also up 1.49% to 272 points on 1 April 2016.
Average daily earnings for Supramax, for the route Indonesia to India (passing Singapore) rated at around $5500 – 6000 per day this past week, while the Panamax vessels rated at around $5000 per day delivery South China / Hong Kong range.
The freight rates are expected to be steady to firm this week.
The spot Cape’s average charter rates were reported at around US$ 3,013 per day and Panamax’s was reported at around US$ 4,275 per day. The Supramax’s average charters rates were at around $ 4,981 per day and Handy size ships were at $ 4,031 per day.
The futures for three years (2016-2018) for the ships were reported 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$ 6000 per day and Handy size at US$ 6000 per day.
The S8 route for supramax firmed up and was up by 6.57 % week over week to $3844 per day on Friday 1 April 2016 (S8 as on 24 March 2016 $ 3607 per day). Freight rates from Indonesia to India is expected to be steady to firm this week.
The Brent crude oil prices was down 1.93 % week over week and closed at US$ 39.66 per barrel. The bunker prices steady this past week and closed at US$ 182.50 pmt (IFO 380 cst ex Singapore on 1 April 2016).
Baltic Dry Index (BDI) - UP
Cape index (BCI) - UP
Panamax index (BPI) - UP
Supramax index (BSI) - UP
Handy index - UP
(as of week ended 1 April 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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Monday, 12 December 16
INDONESIA TO INDIA FREIGHT RATES ARE EXPECTED TO BE SOFT THIS WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline this past week and ending on a negative note week ...
Thursday, 08 December 16
STABLE OUTLOOK FOR GLOBAL MINING IN 2017 : FITCH
Fitch Ratings' sector and rating outlooks for the global mining industry in 2017 are both stable, reflecting Fitch's view that prices have ...
Thursday, 08 December 16
CHINESE COAL DEMAND WOULD BE THE KEY FACTOR THAT INFLUENCE WORLD COAL PRICES IN 2017, POLL
“WHAT ARE THE KEY FACTORS THAT MAY INFLUENCE WORLD'S COAL PRICES IN 2017?”
The on-line opinion poll conducted by COALspot.com ...
Thursday, 08 December 16
PANAMAX: THE FIRM TENDENCY CONTINUES IN BOTH HEMISPHERES - FEARNLEY
Supramax
Market remained firm - true mostly within Atlantic.
Star performer USG remained its title, where Supras reached around USD 21k ...
Wednesday, 07 December 16
SHIPPING MARKET INSIGHT - THEODOROS NTALAKOS
Looking back at my previous end-of-year insights, for the last seven years, in each and every one of them, I begin with something like “there ...
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- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- The University of Queensland
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- Marubeni Corporation - India
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
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