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Saturday, 04 December 10
INDONESIA TO INDIA AND CHINA SEA FREIGHT UP BY ABOUT US$ 2.50 PMT - CAPT. REDDY
COALspot.com - The freight market even though remained weak, but towards end of the week the market seemed to firm up.
The BDI was almost at same levels and was down by 2 points and closed at 2168 points, where as Cape size index was down by 250 points and closed at 2983 points. The Panamax and Supramax index was up by 52 points (closed at 2,382 points) and 107 points (closed at 1,593 points) respectively.
The Handy size index was up by 28 points and closed at 816 points. The freight rates from Indonesia to India and China was almost up by about US$ 2.50 pmt. The increase in bunker prices also affected the freight rates. The charter rates for Supramax ships opening N. China were being fixed around US$ 14-15000 per day for trip to India or China.
Ships opening in India also were getting better rates compared to last week and Supramax ships were reported fixed around US$ 15-16000 per day.
The average charter rates was at Cape/US$ 28,756 per day , Panamax/US$ 19,085 per day , Supramax/US$ 16661 per day and Handy size/US$ 11,916 per day.
The Supramax index in the feast (S6 route) continued firmed up by US$ 1,228 per day (up by 9.50 pct) and closed at US$ 14,145 per day (last week US$ 12,917 per day). The EC India/ China rates also firmed up and the Supramax S7 rates was up by US$ 1292 per day (up by 10.05 pct) and closed at US$ 14142 per day (last week US$ 12,850 per day).
The S6 and S7 route seems will continue to firm up next week also.
The futures for three years (2011-2013) was at around Cape / US$ 24,500 per day, Panamax / US$ 17,500 per day, Supramax / US$ 17,000 per day , Handy size / US$ 12,500 per day.
The congestion in EC Australia continued to increase and vessels waiting was at 113 vessels this week (last week 196 vessels). The vessels waiting at main coal loading ports were at Hay point/6, DBCT/30,Gladstone/10,Abbot Point/5, New Castle/50, Port Kembla / 2 vessels. On the WC Australia iron ore vessels waiting also increased to 28 vessels (last week 25 vessels).
The waiting at Indian ports for coal vessels was quite normal except for Paradip, Haldia, Kandla where the berthing delays was high.
The Brent crude prices moved up sharply and closed at US$ 91.58 per barrel (last week US$ 85.80 per barrel). Bunker prices also firmed up and closed at US$ 504 pmt (last week US$ 487.00 pmt) for IFO 380 cst ex Singapore on 3rd Dec 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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Wednesday, 05 January 11
HIGHER COAL PRICES LIFT UP COAL STOCKS
Thermal coal price this month has gone up 5.63% to US$127.70 per ton today from mid last month at US$120.89 per ton.
Thermal coal price for next ...
Wednesday, 05 January 11
BUKIT ASAM TARGETS 20% BUY TO GROW COAL TRANSPORT CAPACITY - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesian coal producer Tambang Batubara Bukit Asam is considering buying an additional 20 percent stake in Bukit ...
Wednesday, 05 January 11
FLOODING IN AUSTRALIA WILL CAUSE COAL PRICES TO SPIKE AT LEAST 20 PERCENT
Rising coal prices are set to spike at least 20 per cent higher because of supply shortages due to severe flooding in Australia, adding cost pressur ...
Wednesday, 05 January 11
DRY BULK MARKET BEGINS NEW YEAR ON SOUR NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Seasonal factors like the worst flooding in Australia’s Queensland in half a century, coupled with thin trade activity has put the dry bulk ma ...
Tuesday, 04 January 11
THE WCI-CHINA ROUTE WAS TRADED IN THE MID US$ 10,000S - BRS DRY BULK
As reported by BRS Dry Bulk, after a stronger than expected performance in 2010, rates finished on a sombre note in December with the BDI at1,773 po ...
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- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Minerals Council of Australia
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- The University of Queensland
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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