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Monday, 26 September 16
THE FREIGHT MARKET WAS FIRM; ALL SEGMENTS WERE UP THIS PAST WEEK
 COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose and ending in a positive note this past week. The BDI was up 17.62% from last week and Cape Index was up 41.84% or around 703 points week over week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global supply and demand for shipping of commodities was reported up 17.62% week over week and ended at 941 points on 23 September 2016. The index peaked at 11,793 in May 2008.
The Cape Index was up 41.84% week over week. The BCI closed 2383 points on 23 September 2016. The Panamax index (BPI) was also rose 11.76% to 722 points on 23 September. The Supramax index (BSI) was down 1.66% to 671 points on 23 September 2016, compared to 660 points on 16 September 2016.
Meantime, the handy size index was almost at same levels closing at 421 points (up by 1.44 pct).
Average daily earnings for Supramax, for the route Indonesia to India passing through Singapore, rated at around US$ 8500 per day this past week, while the Panamax vessels rated at around $ 6500 per day delivery South China / Hong Kong range.
The freight rates are expected to be steady this week.
The spot Cape’s average charter rates were reported at around US$ 15,202 per day and Panamax’s was reported at around US$ 5,790 per day, the Cape and panamax average charter rates were rose week over week.
The spot Supramax’s average charters rate was at around $ 7,019 per day, while the Handy-size ships were at $ 6,095 per day. The spot average charter rates for supra and handy were rose compared to last week’s charter rate.
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$ 11,000 per day, the Panamax at US$ 7,500 per day, Supramax at US$ 7,500 per day and Handysize at US$ 6,500per day.
The Cape size average future rates were up this week and Panamax, Supramax & and Handy Size vessel’s average future rates were no change compared to last week’s reported rates.
The Supramax S8 route charter rates slightly up (0.57%) week over week to $6869 per day on Friday 23 September 2016 ($6830 was reported on 16 September 2016). Freight rate from Indonesia to India is expected to be firm this week.
The Brent crude oil price was down 1.50 percent and closed at US$ 45.89 per barrel. The bunker prices were up and closed at US$ 258.50 pmt (IFO 380 cst ex. Singapore on 23 September 2016).
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Thursday, 27 October 16
PANAMAX: FIRM ATLANTIC; TOPPISH PACIFIC - FEARNLEYS
Supramax
The trend from last week is passed on. ECSA still strong with Supras from N Brazil to Med fixed at $9,000 to $9,500 daily.
Accordin ...
Wednesday, 26 October 16
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
If the finale of a thriller movie finds the leading actor successfully surviving after all the sacrifices he has made, the audience presumes this t ...
Tuesday, 25 October 16
INDONESIAN COAL PRICES MARCH HIGHER CONTINUES
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing and it is expected to rally at l ...
Tuesday, 25 October 16
THINGS ARE SLOWLY STARTING TO IMPROVE AS CORRECTIONS ARE MADE - ALLIED
It seems as though left, right and centre, all we see nowadays is the word “restructuring”.
There is restructuring amongst bankers ...
Monday, 24 October 16
KOMIPO INVITES BIDS FOR 0.78 MILLION TONS OF BITUMINOUS COAL
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 ...
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- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Australian Coal Association
- PTC India Limited - India
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Independent Power Producers Association of India
- The University of Queensland
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Xindia Steels Limited - India
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
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