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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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Wednesday, 19 February 20
MINERS WELCOME INDONESIA'S NEW JOBS BILL THAT COULD SPUR COAL GROWTH - REUTERS
Miners have welcomed proposed changes to Indonesian mining rules under a new law aimed at boosting investment, though critics are concerned that th ...
Wednesday, 19 February 20
AS OCEAN TEMPERATURES RISE, SHIPOWNERS LOOK FOR WAYS TO COPE - WARTSILA
The world is heating up, and its oceans are no exception. According to the International Panel on Climate Change (IPCC), the oceans absorb the majo ...
Wednesday, 19 February 20
MARKET INSIGHT - INTERMODAL
The coronavirus outbreak is estimated to negatively affect global economy by at least EUR400bn this year, representing around the 0.4% of global GD ...
Tuesday, 18 February 20
WEEKLY MARKET ANALYSIS - ALLIED
Under such poorly performing market circumstances, many usually take the historical approach, in order to better understand and further analyze the ...
Tuesday, 18 February 20
ADARO SHIPPED 27 PERCENT OF ITS TOTAL COAL PRODUCTION IN 2019 TO INDIA AND CHINA
PT Adaro Energy Tbk (AE) produced 58.03 Mt of coal from PT Adaro Indonesia (AI), Balangan Coal Companies and Adaro Me ...
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- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- The University of Queensland
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- Minerals Council of Australia
- Posco Energy - South Korea
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
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