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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, 06 July 10
SHENHUA GROUPS 2013 PROFIT MAY EXCEED $15 BILLION - BUSINESS WEEK
Business Week reported that, Shenhua Group Corp., China’s biggest coal producer, expects profit to exceed 100 billion yuan ($15 billion) by 20 ...
Saturday, 03 July 10
THE FREIGHT MARKET CONTINUES TO BE UNCERTAIN - CAPT. REDDY
COALspot.com: The market continues to soften and the most affect sector was Panamax which was down by almost 20 pct and closed at 2447 points. The C ...
Friday, 02 July 10
SARDA ENERGY TO ACQUIRE COAL MINES IN INDONESIA
India Info Line reported that, Sarda Energy & Minerals Ltd has announced that the authorities in Indonesia have granted the Environment Cle ...
Friday, 02 July 10
DRY BULK MARKET ON A FREEFALL, REACHING ITS LOWEST IN 9 MONTHS
The Baltic Dry Index is off to break more negative records this week, as the dry bulk shipping industry’s main benchmark has failed to find ro ...
Friday, 02 July 10
PROPOSED MINERAL RESOURCE RENT TAX - PRESS RELEASE (2)
Press Release: BHP Billiton, Rio Tinto and Xstrata said today that they are encouraged by the Federal Government’s announcement that it propos ...
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- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Wilmar Investment Holdings
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- White Energy Company Limited
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- Minerals Council of Australia
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
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