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Monday, 01 August 16
BALTIC INDEX ENDED NEGATIVE NOTE THIS PAST WEEK ON WEAKER RATES ACROSS ALL LARGE VESSEL SEGMENTS
 COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities slide slightly as Cape, Panamax and Supramax segments ending in a negative note this past week. The BDI was down 8.63 percent from last week and Cape Index was down around 127 points.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global supply and demand for shipping of commodities was down week over week to 656 points on 29 July 2016. The index peaked at 11,793 in May 2008.
The Cape Index declined 14.19% week over week. The BCI closed 768 points on 29 July 2016.
The Panamax index (BPI) was also slides 16.32% to 692 points while the Supramax index (BSI) was declined 3.87% to 671 points on 29 July 2016, compared to 698 points on 22 July 2016.
Average daily earnings for Supramax, for the route Indonesia to India through Singapore, rated at around US$ 8000-8500 per day this past week, while the Panamax vessels rated at around $ 6000 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$ 5,440 per day and Panamax’s was reported at around US$ 5,538 per day, the Supramax’s average charters rates were at around $ 7, 014 per day, decline slightly compared to last week’s average charter rates. The Handy-size ships were at $ 5, 803per day, the average charter rate was up week over week.
The futures for three years (2016-2018) for the ships were reported higher than the current spot rates the ships were earning. The Cape-size ships were at US$ 10,000 per day, Panamax at US$ 7,500 per day, Supramax at US$ 8,000 per day and Handysize at US$ 6,000 per day. The Cape size and Panamax vessel’s average future rates fell slightly while Supramax and Handy-size vessel’s rates show no change from last week reported charter rates.
The supramax S8 route charter rates declined slightly (0.98%) week over week to $ 6675 per day on Friday 29 July 2016 ($6741 was reported on 22 July 2016). Freight rate from Indonesia to India is expected to be Flat to weak this week.
The Brent crude oil price was down 6.86 percent and closed at US$ 42.46 per barrel. The bunker prices also down and closed at US$ 216.00 pmt (IFO 380 cst ex Singapore on 29 July 2016).
Baltic Dry Index (BDI) - DOWN
Cape index (BCI) - DOWN
Panamax index (BPI) - DOWN
Supramax index (BSI) - DOWN
Handy index - UP
(as of week ended 29 July 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 the 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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Monday, 20 June 16
THE BDI HAS FELL 23 POINTS WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities declined this past week. The BDI was fell 3.77 percent fr ...
Friday, 17 June 16
CHINA'S NEW POLICY TO REDUCE WASTE IN RENEWABLE ENERGY - FITCH
Chinese renewable energy producers are likely to benefit from a new policy that guarantees a minimum amount of solar and wind power is purchased in ...
Friday, 17 June 16
KOMIPO INVITES BIDS FOR BITUMINOUS COAL FOR BORYEONG POWER PLANT
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 780,000 Metric Tons of Bituminous Coal for its B ...
Friday, 17 June 16
U.S WEEKLY COAL PRODUCTION UP 7.7% - EIA
COALspot.com – U.S., the world’s one of the largest coal producer has produced approximately totalled an estimated 12.9 million short t ...
Wednesday, 15 June 16
THE DRY BULK PRICES CORRECTED UPWARDS ROUGHLY 15% - KONSTANTINOS KONTOMICHIS
Once more, the international shipping community turned its attention to Greece and more specifically to Attica that hosted Posidonia, the biggest m ...
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- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Videocon Industries ltd - India
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Cement Manufacturers Association - India
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
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