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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, 24 December 10
DRY BULK OWNERS COULD SOON RECONSIDER SCRAPPING OLDER VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market close to its lowest levels in months and indeed close to 2010 lows, ship owners could be heading towards scrapyards in a bi ...
Thursday, 23 December 10
SOUTHGOBI RESOURCES CLOSES STRATEGIC INVESTMENT IN ASPIRE MINING LIMITED
Press Release – SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878), announced today that it has completed the private placement with Aspire Mining ...
Thursday, 23 December 10
CESC EYES COAL MINES IN INDONESIA, S AFRICA - TEHELKA
Company has already set a target of adding 6,000 MW power generation by the end of the 12th Plan in 2017
Tehelka reported that, CESC Ltd, the fla ...
Thursday, 23 December 10
SANTA CLAUSE DID NOT COME EARLY THIS YEAR - FEARNBULK
Handy
Not much fresh enquiry this week and quite dead in Bl.Sea/Med. Nevertheless  ...
Thursday, 23 December 10
STERLITE ENERGY LIMITED TO BUY 0.6 MLN MT OF COAL FOR 2011
COALspot.com - Sterlite Energy Limited (SEL) is a part of Vedanta Resources plc , a London listed FTSE 100 diversified metals and mining major with ...
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- Electricity Authority, New Zealand
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Minerals Council of Australia
- Coal and Oil Company - UAE
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Aditya Birla Group - India
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Planning Commission, India
- Parliament of New Zealand
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Videocon Industries ltd - India
- Australian Coal Association
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
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