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Monday, 18 April 16
CAPESIZE INDEX ROSE 44.66 PER CENT WEEK OVER 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 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 15.95% week over week to 635 points on 15 April 2016. The index peaked at 11,793 in May 2008.
The Cape Index also rose 44.66% week over week or up 293 points. The BCI closed 949 points on 15 April 2016.
The Panamax index (BPI) was up 13.06% to 727 points while the Supramax index (BSI) was rose 7.58% to 525 points on 15 April 2016, compared to 488 points on 8 April 2016.
The handy size index was also up 12.24% to 321 points on 15 April 2016.
Average daily earnings for Supramax, for the route Indonesia to India (passing Singapore) rated at around $6500 per day this past week, while the Panamax vessels rated at around $6000 per day delivery South China / Hong Kong range.
The freight rates are expected to be firm this week.
The spot Cape’s average charter rates were reported at around US$ 7,076 per day and Panamax’s was reported at around US$ 5,796 per day. The Supramax’s average charters rates were at around $ 5,494 per day and Handy size ships were at $ 4,639 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 4.70% week over week to $4,516 per day on Friday 15 April 2016 (S8 as on 8 April 2016 $ 4,313 per day). Freight rates from Indonesia to India is expected to be steady to firm this week.
The Brent crude oil price was up 2.76 % week over week and closed at US$ 43.10 per barrel. The bunker prices closed at US$ 192 pmt (IFO 380 CST ex Singapore on 15 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 15 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, 21 September 16
SHIPPING MARKET INSIGHT - PANOS MAKRINOS
Amidst a challenging dry bulk and tanker market, very little time has been spent on the offshore industry developments during the past couple of ye ...
Monday, 19 September 16
AFTER YEARS OF COMA, COAL BECOMES THE MOST ATTRACTIVE COMMODITY RIGHT NOW
COALspot.com: China boosted coal imports in recent months. The Chinese government’s drive to cut over capacity pushed up the demand for therm ...
Monday, 19 September 16
THE CAPE INDEX WAS UP 7.28% WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities declined and ending in a slightly negative note this past ...
Friday, 16 September 16
GLOBAL SHIPBUILDING: THE CHALLENGE TO REMAIN 'ACTIVE' - CHRISTOPHER PEARCE, CLARKSONS
The number of ‘active’ shipyards globally has more than halved since the start of 2009, falling to around 400 shipyards at the start of ...
Friday, 16 September 16
U.S. WEEKLY COAL OUTPUT DECLINED 6.2% TO 15.1 MMST, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.1 million short ton ...
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- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- VISA Power Limited - India
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- MS Steel International - UAE
- Australian Coal Association
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- White Energy Company Limited
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- Economic Council, Georgia
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- PTC India Limited - India
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Planning Commission, India
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
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