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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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Friday, 23 September 16
EIA SEES U.S. COAL WEEKLY OUTPUT INCREASE
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.1 million short ton ...
Thursday, 22 September 16
CHINA IS THE PRICE-SETTING COUNTRY FOR GLOBAL THERMAL COAL
COALspot.com: China has been the driver of global coal growth since 2009. When China became the largest coal importer in 2011, the country also has ...
Thursday, 22 September 16
SUPRAMAXES ARE ACHIEVING AROUND $7000 FOR A TRIP WITH SINGAPORE DELIVERY VIA INDONESIA TO CHINA
Supramax
A slow start to the week in the Supramax segment in the Atlantic with not much being reported.
In the Blacksea Supramaxes are getti ...
Wednesday, 21 September 16
THE CAPESIZE MARKET HAS BEEN ON A RALLYING TREND SINCE THE END OF AUGUST - GEORGE LAZARIDIS
The Capesize market has been on a rallying trend since the end of August, fuelled mainly by the chase by traders to pre-stock before the typical pi ...
Wednesday, 21 September 16
SHIPPING MARKET INSIGHT - PANOS MAKRINOS
Amidst a challenging dry bulk and tanker market, very little time has been spent on the offshore industry developments during the past couple of ye ...
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- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- White Energy Company Limited
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
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