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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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Thursday, 19 August 10
INDONESIA EXPORTED 5.93 MLN TON OF COAL TO CHINA AND 3.52 MLN TONS TO INDIA IN JULY
COALspot.com: Indonesia shipped 3.52 million tones of thermal coal to India in July, fell 25.39 percent compared to June's exports of 4.71 million ...
Thursday, 19 August 10
WBPDCL INDIA LAUNCHES SPOT COAL TENDER
COALspot.com: The West Bengal Power Development Corporation Limited (WBPDCL ), A Govt. of West Bengal Enterprise, has launched spot contract tender ...
Thursday, 19 August 10
PANAMAX BACKED BY A STRONGER SHORT PERIOD MARKET AND SUPPORTED BY SOME FRESH REQUIREMENTS - FEARNBULK
Handy
The events of this week have confirmed our assessment of last week i.e. activity gradually picked up in the Atlantic with more enquiry seen ...
Thursday, 19 August 10
CSC TO SHIP COAL FOR NOROCHCHOLAI POWER PLANT
Daily Mirror reported that, coal for the Norochcholai Power Plant will be shipped to the country by the Ceylon Shipping Corporation (CSC) officials ...
Wednesday, 18 August 10
MADHUCON TO START MINING AT SUMATRA BLOCK IN 2-3 MONTHS
DNA India reported that, Hyderabad-based Madhucon Projects is set to begin mining at one of its coal blocks in Indonesia in 2-3 months, said S Vaiku ...
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- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Iligan Light & Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Bhushan Steel Limited - India
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- Interocean Group of Companies - India
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
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