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Monday, 15 August 16
THE SPOT FREIGHT MARKET STRENGTHEN OVER THIS WEEK
 COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose as Cape and Panamax segments ending in a positive note this past week. The BDI was up 5.5 percent from last week and Cape Index was up around 121 points.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global supply and demand for shipping of commodities was rose week over week to 671 points on 12 August 2016. The index peaked at 11,793 in May 2008.
The Cape Index up 15.71% week over week. The BCI closed 891 points on 12 August 2016.
The Panamax index (BPI) was up 9.84% to 703 points. However, the Supramax index (BSI) was declined 0.62% to 643 points on 12 August 2016, compared to 647 points on 5 August 2016.
Average daily earnings for Supramax, for the route Indonesia to India passing through Singapore, rated at around US$ 7000 - 7500 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 slightly firm this week.
The spot Cape’s average charter rates were reported at around US$ 6,236 per day and Panamax’s was reported at around US$ 5,625 per day, the average charter rates were up week over week. The Supramax’s average charters rate was at around $ 6,720 per day, decline slightly compared to last week’s average charter rate. While, the Handy-size ships were at $ 5728 per 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, Panamax, Supramax and Handy Size vessel’s average future rates were flat compared to last week’s reported rates.
The supramax S8 route charter rates declined slightly (0.09%) week over week to $ 6,519 per day on Friday 12 August 2016 ($6,538 was reported on 5 August 2016). Freight rate from Indonesia to India is expected to be Flat to firm this week.
The Brent crude oil price was up 6.09 percent and closed at US$ 46.97 per barrel. The bunker prices also up and closed at US$ 229.00 pmt (IFO 380 cst ex Singapore on 12 August 2016).
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Thursday, 04 August 16
INDONESIAN COAL PRICES ARE STARTING TO ZOOM HIGHER; HBA ROSE 10.13% TO US$ 58.37 PER TON
COALspot.com: The Indonesia coal benchmark price hits to its highest level since August 2015.
The Director General of Mineral and Coa ...
Thursday, 04 August 16
BREXIT: IMPLICATIONS FOR GLOBAL SHIPPING AND SEA TRADE - EVERSHEDS
The buzzword for the post-Brexit landscape both in Europe and further afield is ‘uncertainty’. No-one really knows the long term effect ...
Wednesday, 03 August 16
RECAAP INFORMATION SHARING CENTRE ISSUES SPECIAL REPORT ON THE ABDUCTING OF CREW FROM SHIPS IN WATERS OFF EASTERN SABAH AND SOUTHERN PHILIPPINES - THE STANDARD CLUB
KNOWLEDGE TO ELEVATE
In the light of three incidents where the crew of tug boats were abducted in the waters off Eastern Sabah and Southern Ph ...
Wednesday, 03 August 16
SHIPPING MARKET INSIGHT - EVA TZIMA
The Good…
Demand. Amidst all the unprecedented geopolitical turmoil and shifts in the likes of Brexit, the IMF lowered last month its glob ...
Wednesday, 03 August 16
SHIP TRADING AND ORDERING CLOSE TO A STALEMATE AS SUMMER LULL KICKS IN
With newbuilding activity already at a near standstill since the start of the year, most of 2016’s trading activity in shipping was evident i ...
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- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- Samtan Co., Ltd - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- The University of Queensland
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
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