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Monday, 13 September 10
FREIGHT MARKETS MAY BE A BIT SOFT THIS WEEK - VISTAAR SINGAPORE
COALspot.com: The freight market continued its upward trend with the BDI almost touching 3000 points. However the uncertainty seems to continue with regard to iron movement and whether the freight markets will continue to the trend upwards. Last week the BDI was up only by 4.14 pct where as the Cape index was up only by 2.08 pct. The panamax index saw the biggest last week increase which was up by 8.75 pct.
The Supramax index and the handy size index was marginally up by 2.71 pct and 1.13 pct respectively. The effects of ban on grain exports by Russia and lower iron ore contract prices will have to be seen in the next couple of weeks. Close of the last week the futures on all segments were down and softer, which could indicate that the markets may be a bit soft this week.
The average charter hire was at Cape/US$ 41006 per day, Panamax/US$ 27312 per day, Supramax/US$ 21935 per day and Handy size/US$ 15876 per day.
The Supramax index in the Fareast (S6 route) was marginally up by US$ 135 per day ( up by 0.7 pct ) and closed at US$ 19675 per day. The ECI/China (S7) route was down by US$ 511 per day (down by 2.70 pct) and closed at US$ 18348 per day . The S6 and S7 routes seems will maintain these levels for next week and could be a bit softer.
The futures for three years (2010-2012) was almost at same levels and was around Cape/US$ 28000 per day, Panamax/US$ 22000 per day, Supramax/US$ 18500 per day and Handy size/US$ 14000 per day.
The congestion in EC Australian ports was at the lowest at 93 vessels this week (last week 100 vessels ). The vessels waiting at main coal loading ports were at Hay point/1, DBCT/42, Gladstone/4, Abbot Point/Nil, New Castle/44, Port Kembla/2 vessels. On the WC Australia iron ore vessels waiting increased to 33 vessels (last week 20 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days, except that the congestion Haldia was quite quieting with huge berthing delays.
The Brent crude prices was up and was at US$ 78.22 per barrel (last week US$ 76.55 per barrel ). The bunkers prices was almost also firmer and the prices ex Singapore and was at US$ 442 pmt (IFO 380 CST ex Singapore) on 10th Sept 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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Friday, 30 September 11
MINING BILL CLEARED, FIRMS TO SHARE 26% PROFITS WITH LOCALS - NDTV
NDTV reported that, The Union Cabinet cleared the draft mining bill aimed at regulating mining activities Friday. The bill proposes a profit-sharing ...
Friday, 30 September 11
INDIAN IRON ORE MARKET GETTING ACTIVE - FEARNLEYS AS
Handy
The Atlantic market continued its strong trend with fresh cargoes entering the market. Vessels open US Gulf fixed tick above US$ 27k back to t ...
Friday, 30 September 11
KRISHNAPATNAM PORT WINS GLOBAL PORT & COAL PORT OF THE YEAR AWARDS
COALspot.com - Krishnapatnam Port, a dynamic new generation world class port located in the East Coast of India has been adjudged the winner in the ...
Thursday, 29 September 11
INDONESIA'S MINERS FACE AN UNCERTAIN FUTURE - RUPERT WALKER
An evolving regulatory framework for the country's minerals industry could threaten its profitability and stifle investment.
The five-year surge ...
Thursday, 29 September 11
DRY BULK MARKET FALLS MID-WEEK, FURTHER DROP EXPECTED NEXT WEEK ON CHINA HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected by the Baltic Dry Index (BDI) retreated by 0.36% yesterday reaching 1,920 points, with the Capesize segment suffer ...
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- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- The University of Queensland
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
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