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Saturday, 25 December 10
FREIGHT MARKET - LOWEST FIXTURES REPORTED SINCE MID 2009 - CAPT. REDDY
COALspot.com - We wish you a Merry Christmas and a Happy New Year 2011.
The holiday season seems to have severely affected the freight market with all indices down. Many spot vessels were caught and had to charter out at very low levels. Panamax and Supramax vessels opening far east have been fixed at around $ 8,000-9,000 per day for single trips, however the short period rate have been around $ 15,000 per day.
Seems these are the lowest fixtures reported since mid 2009.
The Handy size index was the least affected, down by just about 1.19 pct and the biggest drop was cape index which was down by 13.85 pct. The Panamax and Supramax index was down by 9.43 pct and 7.44 pct respectively.
The average charter rates was at Cape/$ 20,009 per day , Panamax/$ 14,711 per day , Supramax/$ 15,611 per day and Handy size/$ 12,157 per day.
The Supramax index in the feast (S6 route) was down by $ 1,985 per day (down by 13.73 pct) and closed at $ 12,470 per day (last week $ 14,455 per day). The EC India/ China (S7 route) was also severely affected and was down by $ 1,537 per day (down by 9.69 pct) and closed at $ 14,309 per day (last week $ 15,846 per day). The S6 and S7 route is likely to be soft and is expected to be under pressure next week also.
The futures for three years (2011-2013) was at around Cape/$ 23,000 per day, Panamax/$ 16,500 per day, Supramax/$ 16,000 per day , Handy size/$ 12,000 per day.
The congestion in EC Australia increased to 142 vessels this week (last week 125 vessels). The vessels waiting at main coal loading ports were at Hay point/8, DBCT/44, Gladstone/20, Abbot Point/6, New Castle/57, Port Kembla/6 vessels. On the WC Australia iron ore vessels waiting was almost at same levels at 24 vessels (last week 23 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 continued to firm up reaching highest levels in last 2 years and closed at $ 93.46 per barrel (last week $ 91.67 per barrel). However bunker prices was almost at same levels and was at $ 507.50 pmt (last week $ 507.00 pmt) for IFO 380 CST ex.Singapore on 24th 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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Monday, 11 October 10
COAL IMPORTS TO START IN 2015 - VIETNAM BUSINESS
Vietnam Business reported that, Viet Nam is now likely to import coal only from 2015, not 2013 as earlier forecast since many thermal power pl ...
Monday, 11 October 10
OCTOBER INDONESIAN COAL PRICE REFERENCE UP BY 2.92 PERCENT
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Saturday, 09 October 10
MPPGCL SEEKS TO BUY 0.40 MLN MT OF COAL FOR ITS THERMAL POWER STATIONS
COALspot.com: India's Madhya Pradesh Generating Company Limited (MPPGCL), Jabalpur, Madhya Pradesh invites bidders through tender 07-03/Import/Coal ...
Saturday, 09 October 10
FREIGHT MARKET IS EXPECTED TO FIRM UP NEXT WEEK CAPT REDDY
COALspot.com: Inspite of Chinese holidays the BDI was up by 10 pct and closed at 2,696 points. The cape index shot up to 20 pct and closed at 4,076 ...
Saturday, 09 October 10
9TH ASIA PACIFIC MINING CONFERENCE & EXHIBITION 13 14 OCTOBER 2010 AT SHANGRI-LA HOTEL, JAKARTA.
COALspot.com: (Press Release) In October 2010, the Indonesian Mining Association (IMA) and the Indonesian Coal Mining Association (APBI) will host t ...
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- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Minerals Council of Australia
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- The University of Queensland
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- White Energy Company Limited
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Medco Energi Mining Internasional
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