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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, 04 May 12
DEMOLITION KEY FOR DRY BULK MARKET RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The overflow of newbuilding vessels which “spilled over” into 2012 from 2011 brought the dry bulk market to a near collapse level at the ...
Thursday, 03 May 12
DRY BULK MARKET REMAINS INACTIVE, POSTING MILD DECREASE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept retreating this week, although at a very low pace, on the back of a lull in demand. The industry's benchmark, th ...
Thursday, 03 May 12
MINERS DEMAND LEGAL CERTAINTY ON PRE-BAN INTERIM POLICY - THE JAKARTA POST
The Jakarta Post reported that, Mining companies represented by the Indonesian Mining Association (IMA) welcomed the government’s plan to impo ...
Thursday, 03 May 12
HANDY EAST COAST INDIA - CHINA AROUND USD 7000 - FEARNLEYS AS
Handy - Stable demand in the Atlantic offered good rates for the tonnage.
USG/Cont was worth USD 17500 and more. Baltic and Black Sea appeared to ...
Wednesday, 02 May 12
CHINA BLACKOUTS HIGHLIGHT PRICING POLICY WEAKNESS - FITCH
Fitch reported that, the likelihood of further electricity blackouts in China this summer underlines Fitch's view of the basic problem f ...
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- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Planning Commission, India
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Parliament of New Zealand
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Australian Coal Association
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
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