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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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Wednesday, 04 August 10
MALAYSIA'S AGATE GROUP TIES UP WITH INDIA'S ECOGREEN TO DEVELOP COAL BUSINESS
COALspot.com: "Malaysian based AGATE Group had entered into an agreement with India's EcoGreen to jointly develop coal business in India ...
Wednesday, 04 August 10
ADARO PRODUCED 21.62 MILLION TONS OF COAL IN 1H 2010
COALspot.com: “Adaro Energy’s production volume during the second quarter of 2010 was 10.26 million tones and for the first half of 2010 ...
Wednesday, 04 August 10
CIL TO TAKE UP NEW PROJECT TO MEET INCREASED DEMAND OF COAL
As part of Annual Plan 2010-11, Planning Commission has projected all India demand of coal 656.31 Million Tonnes against which the indigenous supply ...
Tuesday, 03 August 10
INDONESIA CONSIDERING RUPIAH DENOMINATION
The jakarta post reportd that, the central bank is deliberating a potential Rupiah denomination in light of decreasing exchange rate valuations agai ...
Monday, 02 August 10
DRY BULK MARKET NEEDS TO FIND ADDITIONAL SUPPORT IN AUGUST
The dry bulk market ended another week of rebounding, posting on Friday its 11th straight rise. Still, as analysts point out the rate of this rise h ...
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- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
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- Romanian Commodities Exchange
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- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- The University of Queensland
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- Indian Energy Exchange, India
- Eastern Coal Council - USA
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- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
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- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- Planning Commission, India
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- GMR Energy Limited - India
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
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