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Monday, 02 April 18
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO SOFT, SAYS VISTAAR
 The freight market softening to continue. Thursday, March 29, 2018, the Baltic Dry Index decreased by 42 points, reaching 1080 points.
The Baltic Exchange, tracking rates for ships carrying dry bulk commodities fell this past week and ending on a negative note week over week. The capesize index was down 92 point and reached to 1065 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 3.74% week over week and ended at 1080 points on 29 March 2018. The index peaked at 11,793 points in May 2008.
The Cape Index was down by 7.95% week over week and the Panamax Index (BPI) fell 4.22 per cent followed by 2.5 per cent Supramax week over week.
The handy size index was slightly up week over week. Handy size Index up 1.4% and closed at 650 points .
According to Vistaar India, this past week’s daily average earnings for Supramax, for the route Indonesia to India has stayed firm, week over week, owners were rating at around US$ 11,500 per day delivery South china, while the Panamax vessels were rated at around 12000-12500 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$ 18000 per day, the Panamax at US$ 13,500 per day, Supramax at US$ 12,500 per day and Handy size at US$ 9,000 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 $70.27 per barrel.
The bunker prices according to ship & Bunker, were closed at $382 pmt (IFO 380 CST ex. Singapore on 30 March 2018). IFO 380 Prices up 0.52% week over week, up 2.00% month over month and up 26.28% year on year.
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Tuesday, 27 March 18
SHIPPING MARKET ANALYSIS - GERRY LATHROP
With the almost complete phase out of Tier II new-building slots on our door step, along with the plethora of emissions related articles seemingly ...
Friday, 23 March 18
RIO TINTO AGREES SALE OF HAIL CREEK AND VALERIA TO GLENCORE FOR $1.7 BILLION
Press Release: Rio Tinto has entered into a binding agreement with Glencore for the sale of its entire interests in the Hail Creek coal mine and th ...
Wednesday, 21 March 18
CHINA'S RAW COAL OUTPUT UP IN 2017, FIRST GROWTH SINCE 2014 - XINHUA
China’s raw coal output rose in 2017 due to rebounding demand and high-quality capacity, according to the National Bureau of Statistics (NBS) ...
Wednesday, 21 March 18
MARKET INSIGHT - CHRISTOPHER T. WHITTY
President’s Trump administration proposed tariffs on steel and aluminum imports in an attempt to target China and Europe among others. Earlie ...
Tuesday, 20 March 18
SHIPPING MARKET ANALYSIS - GEORGE LAZARIDIS
It has been a chilling start to the week for the global economy, with the vast majority of stock exchanges noting a fair drop, after a series of se ...
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- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- Australian Coal Association
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- White Energy Company Limited
- Latin American Coal - Colombia
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
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