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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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Thursday, 13 June 13
HANDY: SHORT PERIOD WERE FIXED AT AROUND USD 9000 LEVEL
Handy
Despite falling rates for bigger sizes, the Supras in Atlantic are seeing some improvements with fresh biz. US Gulf positions fetching tick a ...
Thursday, 13 June 13
BIMCO EXPECTS SUBDUED CAPESIZE EARNINGS FOR THE COMING WEEKS - HELLENIC SHIPPING NEWS
Bulk is not only about China even though it is a key driver. In this section, we have taken a closer look at the European seaborne coal markets, whi ...
Thursday, 13 June 13
RIO TINTO AGREES SALE OF EAGLE PROJECT FOR AN ESTIMATED US$325 MILLION IN CASH
COALspot.com - Rio Tinto has reached a binding agreement to sell its Eagle project to Lundin Mining Corporation for an estimated US$325 million in c ...
Thursday, 13 June 13
HARD COAL IMPORTS RISE SHARPLY IN GERMANY IN Q1 2013 - COAL IMPORTERS ASSOCIATION
Coal-fired Power Plants in Germany: Pillars of the Grid and the Energy Turnaround; Hard Coal Consumption and Hard Coal Imports Rise Sharply in Germa ...
Wednesday, 12 June 13
INDONESIAN COAL PRICE REFERENCE SLIDES TO 2013 LOW
COALspot.com - Indonesian Coal Price Reference continues to take its lumps this month, dropping about 0.54 % and hitting a 2013 low. The Indonesian ...
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- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Videocon Industries ltd - India
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Australian Coal Association
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
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