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Monday, 25 April 16
BALTIC DRY INDEX ENDS WEEK ON A POSITIVE NOTE
 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 on a positive note.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global supply and demand for shipping of commodities up 8.35% week over week to 688 points on 22 April 2016. The index peaked at 11,793 in May 2008.
The Cape Index also rose 14.33% week over week or up 136 points. The BCI closed 1085 points on 22 April 2016.
The Panamax index (BPI) was up 1.24% to 736 points while the Supramax index (BSI) was rose 6.28% to 558 points on 22 April 2016, compared to 525 points on 15 April 2016.
The handy size index was also up 10.28 % to 354 points on 22 April 2016.
Average daily earnings for Supramax, for the route Indonesia to India (passing Singapore) rated at around $ 6,500 per day this past week, while the Panamax vessels rated at around $ 6,000 per day delivery South China / Hong Kong range.
The freight rates are expected to be steady this week.
The spot Cape’s average charter rates were reported at around US$ 8,216 per day and Panamax’s was reported at around US$ 5,868 per day. The Supramax’s average charters rates were at around $ 5,834 per day and Handy-size ships were at $ 5,036 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$ 11,000 per day, Panamax at US$ 7,500 per day, Supramax at US$ 7,500 per day and Handy-size at US$ 6,000 per day.
The S8 route for supramax same level week over week to $4513 per day on Friday 22 April 2016 (S8 as on 15 April 2016 $ 4,516 per day). Freight rates from Indonesia to India is expected to be steady this week.
The Brent crude oil prices up 2.39% week over week and closed at US$ 44.13 per barrel. The bunker prices closed at US$ 201.50 pmt (IFO 380 cst ex Singapore on 22 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 22 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, 19 March 20
A CRUDE TSUNAMI: UP TO 3 MILLION BPD OF EXTRA OIL CAN HIT THE MARKET FROM APRIL, MORE COMING IN MAY - RYSTAD ENERGY
The extra oil coming into the global market from April will be as much as 3 million barrels per day (bpd), Rystad Energy estimates. Two million bpd ...
Thursday, 19 March 20
BIMCO REVISES 2020 FORECAST FOR MAIN SHIPPING MARKETS
The coronavirus pandemic is impacting global shipping demand for 2020 negatively. The speed of the virus spread makes it difficult to assess the fu ...
Thursday, 19 March 20
U.S. COAL EXPORTS DECLINED IN 2019 - EIA
In 2019, U.S. coal exports declined to 93 million short tons (MMst), a 20% decrease from the previous year, according to the U.S. Energy Informatio ...
Thursday, 19 March 20
SOUTH KOREA'S KOSPO INVITED BIDS FOR MIN 3,700 OR MIN 4,200 NCV LOW CALORIFIC VALUE COAL
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO), has issued an international tender for total 160,000 MT (±10%) (80,000 x 2 Panamax) of ...
Wednesday, 18 March 20
DRY BULK: INDONESIAN COAL CARGOES PROVIDING A BIG BOOST IN THE EAST WHERE SENTIMENT FOR HANDIES ALSO STARTED IMPROVING - INTERMODAL
The BDI ended last week with small gains on the back of an encouraging number of cargoes out of key trading regions that helped sustain the reserve ...
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- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Bhoruka Overseas - Indonesia
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
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