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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, 05 October 16
SHIPPING MARKET INSIGHT
On September 27th the OPEC petroleum and energy ministers arrived in Algeria to attend the International Energy Forum, which brought together produ ...
Monday, 03 October 16
THERMAL COAL PRICE SHOOTS UP AND MADE THEIR VERTICAL MOVE IN 5 YEARS; PRICE RALLY CONTINUES
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing and it is expected to rally at l ...
Monday, 03 October 16
DRY-BULK SHIPPING FREIGHTS SLIDE IN SOFTENING SPOT MARKET
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline slightly and ending in a negative note this past ...
Friday, 30 September 16
U.S. WEEKLY COAL OUTPUT FELL 2.3% - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...
Friday, 30 September 16
OPEC CUT SUPPORTS SLOW OIL RECOVERY, NOT STRONG REBOUND - FITCH
OPEC's oil production target announced this week signals the potential for greater co-ordination among its members, but the target itself is la ...
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- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement PLC, Thailand
- GVK Power & Infra Limited - India
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- The University of Queensland
- Bhatia International Limited - India
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