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Monday, 08 May 17
OCEAN BULK CARGO RATES FALL FURTHER THIS PAST WEEK
 COALspot.com: The Freight market continues to slump this past week, with all segments show a negative downward trend week over week.
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 10.37% from the last week and Cape Index declined 16.81% or decreased 299 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 10.37% week over week and ended at 994 points on 5 May 2017. The index peaked at 11,793 points in May 2008.
The Cape Index was down by 16.81% week over week. The BCI down 299 points to 1480 on 5 May 2017. The Panamax index (BPI) was also decreased (13.82%) week over week.
The Supramax index (BSI) declined slightly 5.81% to 811 points on 5 May 2017, compared to 861 points on 28 April 2017. The handy size index was also declined 6.44% and the index was closed at 523 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 has stayed flat/steady week over week, owners were rating at around US$ 9500-8500 per day, while the Panamax vessels rated at around $ 10,500-11,000 per day delivery Shanghai area.
Vistaar further noted that the futures for three years (2017-2020) for the ships were reported slightly higher than the current spot rates that ships were earning. The Cape-size ships were at US$ 15,000 per day, the Panamax at US$ 11,000 per day, Supramax at US$ 9,000 per day and Handysize at US$ 8,000 per day.
The freight rates are expected to be flat to soft this week, says Vistaar India.
The Brent crude oil price was closed at $ 49.10 per barrel lower than the same period last week.
The bunker prices were closed at $304.50 pmt (IFO 380 CST ex. Singapore on 4 May 2017). The IFO 380 bunker price declines 0.32 percent week over week while fell 11.99 percent Year to Date. The IFO 380 bunker price has increased 40.64% compared to same period last year.
Baltic Dry Index (BDI) - DOWN
Cape index (BCI) - DOWN
Panamax index (BPI) - DOWN
Supramax index (BSI) - DOWN
Handy index - DOWN
(as of week ended 5 May 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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- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Ministry of Finance - Indonesia
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Parliament of New Zealand
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- Romanian Commodities Exchange
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- The University of Queensland
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Thai Mozambique Logistica
- VISA Power Limited - India
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
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