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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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Saturday, 12 December 09
INDONESIA'S COAL RUSH - SOOTY SUCCESS
Rising demand from China and India is stoking Indonesia’s exports of coal
FOR power stations on the coast of China, it is often cheaper to ...
Thursday, 10 December 09
ENVIROCOAL REGISTERED IN 33 COUNTRIES
PT Adaro concerned to register the brand overseas
PT Adaro Energy Tbk has registered the Envirocoal trademark for its coal products in 33 countri ...
Thursday, 10 December 09
INDIA TO IMPORT 28 MILLION TONNE OF STEAM COAL
Faced with short supply of coal from domestic sources, the Indian power ministry has revised upwards its coal import target for the current fiscal t ...
Thursday, 10 December 09
INDONESIA'S NEW MINING LAW WILL NOT LIMIT COAL EXPORTS, SAYS GOVERNMENT
The government will allow coal producers to continue exporting even if they miss domestic sales requirements, a senior mining official said, marking ...
Wednesday, 09 December 09
INDONESIA'S RECAPITAL TO PAY $1.48 BLN FOR BERAU
Recapital Advisors, an Indonesian investment firm, will pay $1.48 billion in cash and notes to buy coal miner PT Berau Coal, $300 million of which i ...
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Minerals Council of Australia
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- PTC India Limited - India
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
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