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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, 27 June 16
THE BDI UP 3.75 PERCENT ; BCI FELL 1.51% WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose this past week. The BDI was up 3.75 percent from las ...
Monday, 27 June 16
INDONESIA BANS (AGAIN) SHIPS SAILING TO THE PHILIPPINES FROM INDONESIA
COALspot.com: The Indonesian Transport Ministry strictly prohibited harbour masters issuing permits to all Indonesian-flagged vessels bound for the ...
Friday, 24 June 16
U.S WEEKLY COAL PRODUCTION UP MARGINALLY
COALspot.com – U.S, world’s one of the largest coal producers has produced approximately totalled an estimated 13.4 million short tons ...
Wednesday, 22 June 16
SMALL RISE IN SHIPPING CONFIDENCE - MOORE STEPHENS
In May 2016, the average confidence level expressed by respondents in the markets in which they operate was 5.1 on a scale of 1 (low) to 10 (high). ...
Wednesday, 22 June 16
SHIPPING MARKET INSIGHT - NASSOS SOULAKIS
Stagnation- With the BDI stuck in the low 600 points for almost a month now, if we had to choose a word to describe the state of the Dry Bulk freig ...
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- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- PTC India Limited - India
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Aditya Birla Group - India
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Dalmia Cement Bharat India
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
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