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Tuesday, 02 May 17
THE FREIGHT MARKET CONTINUE TO SLUMP THIS PAST WEEK
COALspot.com: The Freight market continues to slump this past week, as all segments except Handy Size show a negative downward trend.
The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline this past week and ending on a negative note week over week. The BDI was down by 7.20% from the last week and Cape Index declined 2.79% or decreased 51 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 decreased 7.20% week over week and ended at 1109 points on 28 April 2017. The index peaked at 11,793 points in May 2008.
The Cape Index was down by 2.79% week over week. The BCI closed 1779 points on 28 April 2017. The Panamax index (BPI) was also decreased (20.55%) week over week.
The Supramax index (BSI) declined slightly 3.8% to 861 points on 28 April 2017, compared to 895 points on 21 March 2017. The handy size index was rose 2.78% and the index was closed at 559 points for the same period.
According toVistaar India, this past week’s daily average earnings for Supramax, for the route Indonesia to India passing through Singapore has stayed the soft week over week, owners were rating at around US$ 9500-8500 per day, while the Panamax vessels rated at around $ 10500-11000 per day delivery Shanghai area.
Vistaar further noted that the futures for three years (2017-2020) for the ships were reported slightly higher (for big size ships) than the current spot rates that ships were earning. The Cape-size ships were at US$ 15500 per day, the Panamax at US$ 11000 per day, Supramax at US$ 9000 per day and Handysize at US$ 8000 per day, slightly lower forPanaamx while flat for other ships compared to last week’s rates.
The freight rates are expected to be flat to soft this week, saysVistaar India.
The Brent crude oil price was closed at $ 51.73 per barrel slightly lower than the same period last week. The bunker prices were closed at $306.50pmt (IFO 380 CST ex. Singapore on 28 April 2017). The IFO 380 bunker price declines 2.54 percent week over week while fell 11.41 percent Year to Date.
The IFO 380 bunker price rose 40.91% year over year.
Baltic Dry Index (BDI) - DOWN
Cape index (BCI) - DOWN
Panamax index (BPI) - DOWN
Supramax index (BSI) - DOWN
Handy index - UP
(as of week ended 28 April 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)
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Wednesday, 07 June 17
INDO HBA INDEX SEE LARGEST DROP SINCE FEBRUARY 2017
COALspot.com: Indonesian coal benchmark price decline 9.96% in June, government data showed.
The benchmark price of Indonesian thermal coal de ...
Wednesday, 07 June 17
MARKET INSIGHT - PANOS MAKRINOS
2017 undoubtedly began with very optimistic signs for the future of the Oil & Gas industry on the back of the Vienna Agreement. OPEC and non-OP ...
Tuesday, 06 June 17
THE FREIGHT MARKET WAS CONTINUE TO TUMBLE THIS PAST WEEK
COALspot.com: The Freight market continued to tumble this past week, as BDI and cape index showed a negative trend week over week.
The Baltic ...
Friday, 02 June 17
THE WORLD COAL ASSOCIATION HAS RESPONDED TO THE WITHDRAWAL OF THE UNITED STATES FROM THE PARIS AGREEMENT
“This decision is the result of a failure to build a genuine coalition on climate action that recognises the role of all technologies, includ ...
Friday, 02 June 17
MOL SIGNS COAL TRANSPORT DEAL WITH THERMAL POWERTECH CORPORATION INDIA LIMITED
MOL Signs Coal Transport Deal with Thermal Powertech Corporation India Limited - Contributing to a Stable Power Supply in India -
Jun ...
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- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- PTC India Limited - India
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Planning Commission, India
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
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