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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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Tuesday, 06 September 16
INDO GOVT. SETS SEPTEMBER COAL REFERENCE PRICE AT US$ 63.93 PER TON; JUMP 20.17% YTD
COALspot.com: The Indonesia coal benchmark price hits to its highest level since April 2015. The government declared benchmark prices f ...
Tuesday, 06 September 16
CAPESIZE: THE PACIFIC BASIN WAS THE MAIN REGION KEEPING UP WITH THE POSITIVE SUPPORT - ALLIED
Capesize
Despite some mixed feelings being seen early on in the week, we managed to see a positive week-on-week close on Friday with some positiv ...
Monday, 05 September 16
INDIA BECAME ADARO'S SECOND LARGEST MARKET IN 1H' 16
COALspot.com: The Wara Balangan blend product has been well received by customers in China and India - AI
In the second quarter of 2 ...
Monday, 05 September 16
POOR FREIGHT RATES DESPITE STRONG DEMAND GROWTH FROM CHINA - BIMCO
Demand
The dry bulk commodity imports into and exports out of China we have seen in the first half of 2016 are very positive – and nothing ...
Monday, 05 September 16
FREIGHT RATE FROM INDONESIA TO INDIA IS EXPECTED TO BE FLAT TO SOFT THIS WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose and ending in a positive note this past week except ...
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- White Energy Company Limited
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- VISA Power Limited - India
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- PTC India Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
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