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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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Friday, 23 September 16
"COLLATERAL LIES" DO NOT NECESSARILY UNDERMINE AN INSURANCE CLAIM
KNOWLEDGE TO ELEVATE
An insured was not precluded from recovering under an insurance policy even though it had made a false statement during t ...
Friday, 23 September 16
EIA SEES U.S. COAL WEEKLY OUTPUT INCREASE
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.1 million short ton ...
Thursday, 22 September 16
CHINA IS THE PRICE-SETTING COUNTRY FOR GLOBAL THERMAL COAL
COALspot.com: China has been the driver of global coal growth since 2009. When China became the largest coal importer in 2011, the country also has ...
Thursday, 22 September 16
SUPRAMAXES ARE ACHIEVING AROUND $7000 FOR A TRIP WITH SINGAPORE DELIVERY VIA INDONESIA TO CHINA
Supramax
A slow start to the week in the Supramax segment in the Atlantic with not much being reported.
In the Blacksea Supramaxes are getti ...
Wednesday, 21 September 16
THE CAPESIZE MARKET HAS BEEN ON A RALLYING TREND SINCE THE END OF AUGUST - GEORGE LAZARIDIS
The Capesize market has been on a rallying trend since the end of August, fuelled mainly by the chase by traders to pre-stock before the typical pi ...
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- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
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