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Monday, 23 August 10
THE FREIGHT MARKET IS EXPECTED TO BE FIRM FOR NEXT COUPLE OF WEEKS - VISTAAR SINGAPORE
COALspot.com: The BDI continued to rise this week by 11.67 pct with the other sectors also keeping the moment. The cape size index also was up by 11.46 pct with the average charter hire at $ 34,913 per day. The Panamax was up by 7.86 pct where as the Supramax was up sharply by 13.38 pct. The handy size index was up by about 5.33 pct. The Supramax short period rates was quite strong with charter rates at $ 24/25,000 per day.
The market is expected to be firm for next couple of weeks with the holiday season almost coming to end. The main driver for the strong market seems to be coal and iron ore supported by grain movement .
The average charter hire was at Cape/$ 34,913 per day, Panamax/$ 24,830 per day, Supramax/$ 21,710 per day and Handy size/$ 15,682 per day.
The Supramax index in the Fareast (S6 route) was up sharply by $ 2,618 per day ( up by 14.30 pct) per day and closed at $ 20,918 per day. The ECI/China (S7) route also up by $ 1,242 per day and closed at $ 19,904 per day . The S6 and S7 routes likely to be steady/firm.
The futures for three years (2010-2012) was firm for cape and panamax vessels and was at around Cape/$ 28,500 per day, Panamax/$ 22,000 per day, Supramax/$ 19,000 per day, Handy size/$ 14,500 per day.
The congestion in EC Australian ports was at 129 vessels this week (last week 127 vessels ). The vessels waiting at main coal loading ports were at Hay point/8, DBCT/58, Gladstone/11, Abbot Point/1, New Castle/50 vessels, Port Kembla/1 vessels. On the WC Australia iron ore vessels waiting increased to 16 vessels (last week 19 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
The Brent crude prices was bit soft and closed lower than last week at $ 74.45 per barrel (last week $ 75.33 per barrel). The bunkers prices also softened and the prices ex Singapore and was at $ 437 pmt (IFO 380 CST ex Singapore) on 20th August 2010.
Click here for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
Reported by Vistaar Shipping, Singapore
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Saturday, 23 October 10
HEAVY RAINS NO DAMPENER FOR 2010 COAL OUTPUT TARGET, MINISTRY SAYS - THE JAKARTA GLOBE
The Jakarta Globe reported that, National coal production would likely meet the target set by the Energy Ministry despite unusually heavy rain this ...
Thursday, 21 October 10
WORLDS FIRST, SINGAPORE EXCHANGE TO CLEAR OTC INDONESIAN COAL SWAP - MONDOVISIONE
Mondovisione reported that, Singapore Exchange (SGX) will be the first exchange in the world to clear over-the-counter (OTC) Indonesian Sub-Bitumino ...
Thursday, 21 October 10
MEC WOOS INDIAN POWER FIRMS FOR 50% STAKE SALE - BUSINESS STANDARD
Business-Standard reported that, Singapore-based MEC Coal plans to rope in an Indian power company as a 50 per cent equity partner. It is believed t ...
Thursday, 21 October 10
CAPESIZE, A FANTASTIC WEEK WITH IMPROVED RATES IN BOTH BASINS - FEARNBULK
Handy Activity remains slow this week combined with a lack of fresh enquiry in the Atlantic. Indexes are all negative except Cape but it is worth no ...
Wednesday, 20 October 10
BLENDING OF IMPORTED COAL AT THERMAL PLANT UP TO 30 % MAY BE ALLOWED - PUNJAB NEWS LINE
Punjab News Line reported that, Indian government is considering allowing increase in the blending ratio of imported coal from 10 to 30 percent at t ...
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- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- MS Steel International - UAE
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- The University of Queensland
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
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