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Monday, 13 March 17
INDO - INDIA COAL FREIGHT RATES STAY FIRM
 COALspot.com: The Freight market was continuing to firming up.
The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose this past week and ending on a positive note week over week. The BDI was up by 15.65% from the last week and Cape Index was also up 45.80% or increased around 562 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 15.65% week over week and ended at 1086 points on 10 March 2017. The index peaked at 11,793 points in May 2008.
The Cape Index was up by 45.8% week over week. The BCI closed 1789 points on 10 March 2017. The Panamax index (BPI) was also increased (8.32%) week over week.
The Supramax index (BSI) was up 3.31% to 874 points on 10 March 2017, compared to 846 points on 3 March 2017.
The handy size index was rose 0.06% and the index was closed at 495 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 firm week over week, owners were rating at around US$ 12,000 per day, while the Panamax vessels rated at around $ 10000 per day delivery Shanghai area, rose compared to last week rates.
Indonesian coal supplies have disturbs last few week. The exports vessels were waiting for cargo beyond lay time period agreed and some vessel were sailed load port with dead freight. Road blockages and bad weather in coal-rich Kalimantan are being blamed for a disruption of coal supplies. Significant numbers of ships were waiting for load coal from Kalimantan. Daily charter rates between Indonesia to India were moving to North, due to less availability of vessels in this region.
The futures for three years (2017-2020) for the ships were reported lower than the current spot rates that ships were earning. The Cape-size ships were at US$ 12000 per day, the Panamax at US$ 8,500 per day, Supramax at US$ 8000 per day and Handy-size at US$ 7500 per day. No change from last week’s reported three years future rate.
The freight rates are expected to be steady to firm this week.
The Brent crude oil price was closed at US$ 51.37 per barrel, decline from last week closing. The bunker prices were closed at US$ 312 pmt (IFO 380 CST ex. Singapore on 10 March 2017).
Ex. Singapore bunker prices rose 72.37% year on year and declined 9.82% year to date.
Baltic Dry Index (BDI) - UP
Cape index (BCI) - UP
Panamax index (BPI) - UP
Supramax index (BSI) - UP
Handy index - UP
(as of week ended 10 March 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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Friday, 13 January 17
U.S. COAL PRICES TO INCREASE IN 2017 AND IN 2018 - EIA
Coal Supply
EIA estimates that U.S. coal production declined by 158 million short tons (MMst) (18%) in 2016, to 739 MMst, which would be the lowe ...
Friday, 13 January 17
U.S. COAL IMPORTS IN THIRD QUARTER 2016 TOTALED 2.7 MMST, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 13.8 million short ton ...
Thursday, 12 January 17
ASIA: COAL'S FUTURE - BENJAMIN SPORTON
As economies develop and the United Nations’ Sustainable Development Goals (SDGs) are realised, demand for energy will increase as more peopl ...
Wednesday, 11 January 17
MARKET INSIGHT - GEORGE DERMATIS
A new year has dawned upon us and it sure promises to be an exciting one which makes it practically impossible to resist the challenge of making a ...
Tuesday, 10 January 17
SHIPPING MARKET 2017
After having entered into a New Year, fresh hopes seem to be high for this to be the turning point in the market that many have been looking forwar ...
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- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
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