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Monday, 09 May 16
BALTIC DRY INDEX ENDS WEEK ON A NEGATIVE NOTE
 COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline this week.
The freight market was weak and all segments were down ending on a negative note.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global supply and demand for shipping of commodities down 10.24% week over week to 631 points on 6 May 2016. The index peaked at 11,793 in May 2008.
The Cape Index also declined 20.14% week over week or down 225 points. The BCI closed 892 points on 6 May 2016.
The Panamax index (BPI) was also lost 11.39% to 591 points while the Supramax index (BSI) was down 0.68% to 578 points on 6 May 2016, compared to 582 points on 29 April 2016.
The handy size index was also declined 2.18% to 359 points on 6 May 2016.
Average daily earnings for Supramax, for the route Indonesia to India (passing Singapore) rated at around $ 5500 per day this past week, while the Panamax vessels rated at around $ 5000 per day delivery South China / Hong Kong range.
The freight rates are expected to be flat to soft this week.
The spot Cape’s average charter rates were reported at around US$ 7,024 per day and Panamax’s was reported at around US$ 4,723 per day. The Supramax’s average charters rates were at around $ 6,064per day and Handy-size ships were at $ 5,088 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$ 10,000 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 slightly Down by 1.70% week over week to $4464 per day on Friday 6 May 2016 (S8 as on 29 April 2016 $ 4436 per day). Freight rates from Indonesia to India is expected to be steady this week.
The Brent crude oil prices up 5.73 % week over week and closed at US$ 45.37 per barrel. The bunker prices closed at US$ 211.50 pmt (IFO 380 cst ex Singapore on 6 May 2016).
Baltic Dry Index (BDI) - DOWN
Cape index (BCI) - DOWN
Panamax index (BPI) - DOWN
Supramax index (BSI) - DOWN
Handy index - DOWN
(as of week ended 6 May 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, 23 March 16
THE PANAMA CANAL - WILL THE MELTING OF POLAR ICE CAPS CREATE RIVAL NAVIGATIONAL WATERWAYS THROUGH THE ARCTIC? - INTERMODAL
The Panama Canal, 102 years after its initial opening, is now about to have its expansion completed with a cost of USD5.25 Billion. It is a project ...
Tuesday, 22 March 16
FOUR NEW MARKET MEMBERS HAVE JOINED GLOBALCOAL
globalCOAL® announced yesterday that four new Market Members have joined its international trading community.
Ferrocadia DMCC is an intern ...
Monday, 21 March 16
INDONESIAN 4200 GAR COAL INDEX ROSE $0.12 OR, 0.44% WEEK OVER WEEK; INDEX CLOASED AT $27.19 A TON
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.21 percent week over week to averaging $38.90 per ton on this past Friday, ac ...
Monday, 21 March 16
THE BALTIC DRY INDEX ROSE SLIGHTLY WEEK OVER WEEK; BCI UP 11.93%
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued rose this week helped by higher rates for Cape ...
Friday, 18 March 16
OUTLOOK ON GLOBAL SHIPPING SECTOR TURNS NEGATIVE AS SUPPLY-DEMAND GAP WIDENS AND EBITDA DECLINES - MOODY'S
Moody’s Investors Service (Moody’s) has changed its outlook on the global shipping sector to negative as it expects supply growth to ou ...
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Showing 2511 to 2515 news of total 6871 |
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- Xindia Steels Limited - India
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- White Energy Company Limited
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Australian Coal Association
- The State Trading Corporation of India Ltd
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