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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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Tuesday, 17 May 11
DRY BULK MARKET ENTERS WEEK ON WEAK MODE - HELLENIC SHIPPING
In yet another sign of softening freight rates for dry bulk carriers and oversupply issues, the dry bulk market entered this week on a downward path ...
Monday, 16 May 11
INDO TAMBANG 1Q SALES REVENUE UP - INSIDER STORIES
Thai Banpu Plc last week reported a 7.83% increase in coal sales revenue from its Indonesian operating unit via PT Indo Tambangraya Megah Tbk (ITMG) ...
Sunday, 15 May 11
THE FREIGHT MARKET REMAINED SOFT - VISTAAR
COALspot.com - "The freight market overall remained soft", said Capt. Reddy, Director of Vistaar Shipping Singapore. He further added, &qu ...
Saturday, 14 May 11
WELSPUN TO ACQUIRE AN INDONESIAN COAL MINE - MEDIA
The India based Welspun Power and Steel Ltd is planning to acquire 456,000 shares in PT Batubara Energy Indonesia, representing 75% interest, accord ...
Saturday, 14 May 11
DRY BULK MARKET ON A DOWNFALL ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what is now pretty clear will be yet another challenging year for dry bulk ship owners, the Baltic Dry Index returned to its usual pattern of dec ...
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Showing 5261 to 5265 news of total 6871 |
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- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Planning Commission, India
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Parliament of New Zealand
- Petron Corporation, Philippines
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- The University of Queensland
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Aditya Birla Group - India
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
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