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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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Friday, 17 September 10
CWP COAL WASHING PLANTS MACHINERY LANDS ON RUSSIAN MARKET!!
Press Release: CWP Coal Washing Plants Machinery Industry & Trade Co. which was founded in 1990, has been operating in Izmir with its closed pro ...
Friday, 17 September 10
FREIGHT RATES TO DECLINE FURTHER - ICICI SEC
Broking firm ICICI Securities said tanker freight rates reported a sharp drop with rates of Suezmax and Aframax carriers declining by 16% to USD 8,6 ...
Friday, 17 September 10
R-POWER, ADANI, GMR TO BID FOR $1-BN MINE
Reliance Power, Adani Power and GMR are in the race for a coal mine asset in Australia. The valuation of the asset is close to $1 billion (Rs 4,600 ...
Thursday, 16 September 10
RPG GROUP BUYS 10% IN AUSSIE COAL FIRM RESOURCE GENERATION
Dealcurry reported that, India's RPG Group's Integrated Coal Mining Limited (ICML) has acquired 10% stake (18,268,053 shares) in Resource Generati ...
Wednesday, 15 September 10
VIETNAM TO IMPORT UP TO 15 MLN TONS COAL/YR BY 2015 - VIETNAM BUSINESS
Vietnam Business reported that, Vietnam will need to import 3 million to 15 million tons of coal a year by 2015, rising to 21 million to 40 million ...
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- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Renaissance Capital - South Africa
- The University of Queensland
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
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