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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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Sunday, 20 January 19
OIL MARKET REPORT: A MARATHON, NOT A SPRINT - IEA
Last month, we asked if there was a floor under prices following the signing of a new Vienna Agreement that aims to re-balance the oil market. Foll ...
Thursday, 17 January 19
EIA ESTIMATES THAT U.S. COAL EXPORTS WERE 116 MMST IN 2018, 20% HIGHER THAN THE AMOUNT EXPORTED IN 2017
Coal Supply
EIA estimates that coal production declined by 20 million short tons (MMst) (3%) in 2018, despite a 19 MMst increase in U.S. coal e ...
Thursday, 17 January 19
U.S COAL OUTPUT IS EXPECTED TO FALL BY 3 PER CENT IN 2019 - EIA
EIA forecasts that U.S. coal production will total 729 million short tons (MMst) in 2019, down by 25 MMst (3%) from 2018.
Acco ...
Wednesday, 16 January 19
SHIPPING MARKET INSIGHT - INTERMODAL
As we go through the first days of the year and just a few weeks before the Chinese New Year, the ship repair sector is witnessing a big difference ...
Monday, 14 January 19
KOREA SOUTHERN POWER INVITES BIDS FOR 320,000 MT OF MIN 3,800 NCV COAL
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 3,800 kcal/kg NCV coal for ...
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- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
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