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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, 25 September 10
INDONESIA HAS EXPORTED 187.656 MILLION TONNES OF COAL IN EIGHT MONTHS
COALspot.com: Indonesia, the world largest coal exporter has exported 187.656 million tons of coal for the period January – August this ...
Saturday, 25 September 10
PRESSURE ON S6 AND S7 ROUTES SEEMS TO BE CONTINUED NEXT WEEK CAPT. REDDY
COALspot.com: The freight market has been flat this week due to holidays in China and low activity saw all sectors down and soft.
The BDI was dow ...
Thursday, 23 September 10
CHURCHILL MINING SHARES JUMP ON EAST KUTAI COAL PROJECT FEASIBILITY RESULTS - STOCKOPEDIA
AIM listed mining group Churchill Mining (LON:CHL) and its Indonesian partners the Ridlatama Group, have completed a feasibility study on the 2.73bn ...
Thursday, 23 September 10
DRY BULK RATES EXPECTEDLY FALL TO ONE MONTH LOWS - HELLENIC SHIPPING
With of the Far East trade routes closed this week on various national holidays, demand for ocean transportation of raw materials has been significa ...
Wednesday, 22 September 10
INDIA TO BE BIGGEST BUYER OF INDONESIAN COAL BY 2011 - BUSINESS STANDARD
India will pass Japan to be the biggest buyer of Indonesian coal by 2011, said Bob Kamandanu, chairman of the Indonesian Coal Mining Association.
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- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- The University of Queensland
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Australian Coal Association
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
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