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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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Friday, 05 July 13
THE DRY BULK MARKET IS GOING FROM STRENGTH TO STRENGTH - INTERMODAL
The Capesize sector has been one that has gone through a wild rollercoaster of emotions this past decade, ranging from the exuberance witnessed duri ...
Thursday, 04 July 13
CHALLENGER SIGNS FORMAL EXCLUSIVE MINING AND MARKETING AGREEMENT FOR ABBR PROJECT IN CENTRAL KALIMANTAN
COALspot.com - Challenger Deep Resources Corp., through its subsidiary PT Bestindo Energy has signed the formal exclusive Mining and Marketing agree ...
Thursday, 04 July 13
ASX LISTED QBL TO ACQUIRE INTERESTS IN MOZAMBIQUE COAL EXPLORATION LICENSES
- QBL to acquire interests in two Mozambique exploration licences prospective for coal
- Licenses located in the highly prospective Zambezi basin, ...
Thursday, 04 July 13
HANDY : INDO/CHINA, CHARTERERS RATING AROUND US$ 10,000 - FEARNLEYS AS
Handy
The Feast market firmed slightly up as mid-July cargos entered the market, but charterers seems not in hurry to cover them and looking for ch ...
Wednesday, 03 July 13
NEWCASTLE COAL EXPORTS DIP 24.79 PER CENT WOW
COALspot.com - Newcastle Coal exports fell 24.79% to 2.33 million tons WoW.
Newcastle port in Australia has loaded 2,332,513 tons of coal for the ...
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- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Planning Commission, India
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Latin American Coal - Colombia
- Australian Coal Association
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- The University of Queensland
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- CNBM International Corporation - China
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
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