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Monday, 13 February 17
THE FREIGHT MARKET CONTINUED TO TUMBLE IN FEBRUARY
 COALspot.com: The Freight market was continued its downfall in all segments except Panamax for the week ending 10 February 2017.
The Baltic Exchange, tracking rates for ships carrying dry bulk commodities declined this past week and ending on a negative note week over week. The BDI was down by 6.65% from the last week and Cape Index was also down 29.97% or declined around 294 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 down 6.65% week over week and ended at 702 points on 10 February 2017. The index peaked at 11,793 points in May 2008.
The Cape Index was down by 29.97% week over week. The BCI closed 687 points on 10 February 2017. The Panamax index (BPI) was very slightly up (2.28%) week over week on 10 February 2017. The Supramax index (BSI) was almost flat or up 0.75% to 672 points on 10 February 2017, compared to 667 points on 3 February 2017.
The handy size index was also declined 1.31% and the index was closed at 377 points for the same period.
According to Vistaar India, this past week’s daily average earnings for Supramax, for the route Indonesia to India passing through Singapore was flat week over week, owners were rating at around US$ 7000-7500 per day, while the Panamax vessels rated at around $ 6000 per day delivery Shanghai area.
The freight rates are expected to be flat/steady this week.
The futures for three years (2017-2020) for the ships were reported higher than the current spot rates the ships were earning. The Cape-size ships were at US$ 11000 per day, the Panamax at US$ 8,500 per day, Supramax at US$ 7,500 per day and Handysize at US$ 7000 per day. No change from last week reported three years future rates.
The Brent crude oil price was closed at US$ 56.70 per barrel, almost same from last week closing. The bunker prices were closed at US$ 327.50 pmt (IFO 380 CST ex. Singapore on 10 February 2017) slightly down week over week.
Ex. Singapore bunker prices rose 94.32% year on year and declined 5.92% year to date.
Baltic Dry Index (BDI) - DOWN
Cape index (BCI) - DOWN
Panamax index (BPI) - UP
Supramax index (BSI) - UP
Handy index - DOWN
(as of week ended 10 February 2017 (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, 28 November 16
BALTIC DRY INDEX FALLS TO 1181 POINT, DOWN 76 POINTS W/W
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities down slightly and ending in a negative note this past wee ...
Thursday, 24 November 16
SUPRAMAX: SOUTH AFRICA STILL STRONG WITH OWNERS ACHIEVING AROUND USD 14-15K FOR TRIPS EAST - FEARNLEYS
Supramax
A positive kick-off in both the Atlantic and the Pacific. Very healthy rates within USG, some supras receiving well over 20k for trips t ...
Wednesday, 23 November 16
MARKET INSIGHT - CHRISTOPHER THOMAS WHITTY
The Organization of the Petroleum Exporting Countries (OPEC) is due to finalize a reduction in total production at its next scheduled meeting in Vi ...
Tuesday, 22 November 16
ITALY'S STEAM COAL IMPORTS EXPECTED TO DECLINE 7% Y/Y TO 15 MILLION TONS IN 2017 - ITALIAN COAL ASSOCIATION
Italy’s steam coal imports expected to decline to 15 million tons in 2017, or 7% less imports compared to 2016. The coking coal imports are e ...
Tuesday, 22 November 16
THE COMMODITIES MARKETS HAD SHOWED GREATER PROMISE SINCE THE SUMMER PERIOD - GEORGE LAZARIDIS
We have all borne witness to the sluggish pace of trade growth witnessed during the course of the past 4 years as well as the even slower pace note ...
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- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- ASAPP Information Group - India
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- The University of Queensland
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
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