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Monday, 16 May 16
THE FREIGHT MARKET WAS WEAK AND ALL SEGMENTS EXCEPT PANAMAX WERE DOWN
 COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline this week.
The freight market was weak and all segments except Panamax 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 4.31% week over week to 600 points on 13 May 2016. The index peaked at 11,793 in May 2008.
The Cape Index also declined 10.54% week over week or down 94 points. The BCI closed 798 points on 13 May 2016.
The Panamax index (BPI) was up 1.01% to 597 points while the Supramax index (BSI) was down 4.32% to 553 points on 13 May 2016, compared to 591 points on 6 May 2016.
The handy size index was also declined 3.34% to 347 points on 13 May 2016.
Average daily earnings for Supramax, for the route Indonesia to India (passing Singapore) rated at around $ 6000 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 steady this week.
The spot Cape’s average charter rates were reported at around US$ 6,286 per day and Panamax’s was reported at around US$ 4,768 per day. The Supramax’s average charters rates were at around $ 5,780 per day and Handy-size ships were at $ 4,932 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 up by 1.79% week over week to $4544 per day on Friday 13 May 2016 (S8 as on 6 May 2016 $ 4464 per day). Freight rates from Indonesia to India is expected to be steady this week.
The Brent crude oil prices up 5.97% week over week and closed at US$ 48.08 per barrel. The bunker prices closed at US$ 224.50 pmt (IFO 380 cst ex Singapore on 13 May 2016).
Baltic Dry Index (BDI) - DOWN
Cape index (BCI) - DOWN
Panamax index (BPI) - UP
Supramax index (BSI) - DOWN
Handy index - DOWN
(as of week ended 13 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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Tuesday, 10 May 16
VOLATILITY? VARIATION NO ENIGMA TO SHIPPING..... - CLARKSONS
Along with cyclicality, the other characteristic of the shipping markets which receives frequent mention is volatility. This is so evident that the ...
Monday, 09 May 16
INDONESIAN CS COAL INDICES UP CONTINUES; POSITIVE DIRECTION
COALspot.com: Average 5000 GAR coal index of Indonesian origin up 0.10 percent week over week to averaging $38.82 per ton on this past Wednesday, a ...
Monday, 09 May 16
DRY BULK SHIPPING TO WITNESS STEADY PROGRESS MOVING FORWARD ON THE BACK OF GROWING TRADE VOLUMES - BIMCO
In its latest short-term analysis of the shipping markets, BIMCO reiterated its optimism on the prospects of the dry bulk market moving forward. Ac ...
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 a ...
Friday, 06 May 16
U.S. WEEKLY COAL PRODUCTION UP 9 PERCENT W/W; DOWN 35.3 PERCENT Y/Y - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 11.3 million short to ...
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Showing 2441 to 2445 news of total 6871 |
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- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- The Treasury - Australian Government
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Parliament of New Zealand
- Australian Coal Association
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Petrochimia International Co. Ltd.- Taiwan
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
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