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Monday, 11 April 16
BDI ROSE TO ITS HIGHEST LEVEL IN FOUR MONTHS
 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 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 19.78% week over week to 539 points on 8 April 2016. The index peaked at 11,793 in May 2008.
The Cape Index also rose 90.14% week over week or up 311 points. The BCI closed 656 points on 8 April 2016.
The Panamax index (BPI) was up 20.18% to 643 points while the Supramax index (BSI) was rose 2.52% to 488 points on 8 April 2016, compared to 476 points on 1 April 2016.
The handy size index was also up 5.15% to 286points on 8 April 2016.
Average daily earnings for Supramax, for the route Indonesia to India (passing Singapore) rated at around $6000-6500 per day this past week, while the Panamax vessels rated at around $5500-6000 per day delivery South China / Hong Kong range.
The freight rates are expected to be firm this week.
The spot Cape’s average charter rates were reported at around US$ 5,089 per day and Panamax’s was reported at around US$ 5,131 per day. The Supramax’s average charters rates were at around $ 5,102 per day and Handy size ships were at $ 4,213 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$ 10,000 per day, Panamax at US$ 7,000 per day, Supramax at US$ 7,000 per day and Handy size at US$ 6,000 per day.
The S8 route for supramax firmed up and was up by 12.20% week over week to $4,313 per day on Friday 8 April 2016 (S8 as on 1 April 2016 $ 3,844 per day). Freight rates from Indonesia to India is expected to be steady to firm this week.
The Brent crude oil prices was up 5.75 % week over week and closed at US$ 41.94 per barrel. The bunker prices closed at US$ 180 pmt (IFO 380 cst ex Singapore on 8 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 8 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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Wednesday, 25 November 15
BIG CHINESE COPPER PROCESSORS DEFEND MARGINS THROUGH R&D, SAYS FITCH
Large Chinese copper processors are focusing on higher value-added products and investing in R&D to enhance their technical know-how to maintai ...
Wednesday, 25 November 15
BIMCO LAUNCHES ANTI-CORRUPTION CLAUSE FOR SHIPPING CONTRACTS WORLDWIDE
COALspot.com: BIMCO, is the world’s largest international shipping association, with 2,200 members in around 130 countries, has now launched ...
Wednesday, 25 November 15
TANKER MARKET INSIGHT - GEORGE VASTARDIS
We have already noticed obvious signs of activity mainly West of Suez, which are currently driving the clean MR market to higher levels. Over the p ...
Tuesday, 24 November 15
COAL SUPPLY PRESSURE PUTS INDONESIAN HBA IN FREE FALL
The coal industry is slowly recognizing that, the current coal price level is not a decrease in price, but a change in pricing to corresp ...
Tuesday, 24 November 15
COAL PRICES SET TO REMAIN UNDER PRESSURE UNTIL 2016 DUE TO OVER SUPPLY GLUT; H1 '16 COAL SWAPS DOWN 13% M-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery slid $5 per ton (12.05%) month over month to US$ 36.50 per ton. The s ...
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- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- The University of Queensland
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
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