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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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Thursday, 05 May 16
DRY BULK MARKET ON REVERSE MODE, AS HOLIDAYS AROUND THE WORLD HURT DEMAND - HELLENIC SHIPPING NEWS
The dry bulk market’s recent rally has been put on a temporary hold, as various holidays around the world have put a stop in it. In its lates ...
Wednesday, 04 May 16
COAL IMPORTS: A VOLATILE MATTER OR STILL POWERING DOWN? - CLARKSONS
Chinese coal imports decreased significantly in 2014-15, and so far in 2016 the pace of decline appears to have slowed, with imports even recording ...
Wednesday, 04 May 16
IS THE DRY BULK MARKET OUT OF THE WOODS YET, OR NOT? - HELLENIC SHIPPING NEWS
Things are beginning to brighten up in the beleaguered dry bulk market, which is riding on a multi-week rally to find itself around the “psyc ...
Wednesday, 04 May 16
POWER - WEEK: REAL EXAMPLES AND CASE STUDIES
POWER WEEK
7 - 11 November 2016, PARKROYAL on Beach Road Hotel, Singapore
www.power-week.com
Overview
Designed for the global e ...
Tuesday, 03 May 16
HOW TO AVOID THE LATEST CARGO FRAUDS - BIMCO
BIMCO receives regular reports from members around the world about cargo fraud. This week alone we have had two reports of cargoes being fixed (or ...
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- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Planning Commission, India
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- GMR Energy Limited - India
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
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