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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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Tuesday, 21 January 20
ASIA'S APPETITE FOR COAL GROWS, WITH CHINA THE KEY DECIDER - NIKKEI
Although renewable power generation is expected to rise significantly in Asia, India’s vast electricity needs will still underpin global dema ...
Tuesday, 21 January 20
THERMAL COAL PRICES SET FOR RECOVERY THIS YEAR AS OVERSUPPLY TIGHTENS - REUTERS
Thermal coal prices are expected to recover this year after losing around a third of their value last year as demand from some south-east Asian cou ...
Monday, 20 January 20
INDIA TO STOP SUBSTITUTABLE COAL IMPORT; CAN GO FOR AUCTION OF 100 FULLY EXPLORED NEW BLOCKS: JOSHI - PTI
The Cabinet recently approved promulgation of Mineral Laws (Amendment) Ordinance 2020 to amend Mines and Minerals (Development and Regulation ) Act ...
Monday, 20 January 20
CHINA DECEMBER COAL OUTPUT UP 2.4 PERCENT ON YEAR - STATS BUREAU: REUTERS
China produced 331.74 million tonnes of coal in December, up 2.4 percent on the year, the National Bureau of Statistics said on Friday.
...
Monday, 20 January 20
CHINA IMPORTED 124.4 MLN TONNES OF COAL FROM INDONESIA IN 2019, UP 15.1 PERCENT YOY - BANCHERO COSTA
China's coal imports raced ahead in 2019, surprising many who had expected that in the months of 2019 to come the government would clamp down s ...
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- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- White Energy Company Limited
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- The University of Queensland
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- PTC India Limited - India
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
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