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Saturday, 15 January 11
SUPRAMAX VESSELS FIXED AROUND $ 8K FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The BDI continues to drop and has touched below 1,500 points with the cape index severely affected with the index touching 1,595 points (down by 270 points).
Panamax index recovered a bit and was down only by 13 points and closed at 1,923 points. Supramax also seemed to recover slightly with the index up by 52 points and closed at 1,393 points. The handy size index was almost at same levels and was down by 5 points and closed at 765 points.
The cape size vessels opening far east were reported fixed around $ 10,000 per day for trip via Australia to China and Panamax vessels fixed around $ 9,000 for Australia to China. The Supramax vessels were reported fixed around $ 8,000 for trip via Indonesia to India.
Short period rates for Supramax was at around $ 13,000 per day for vessels opening far east.
With the situation in Australia likely to continue for 2 to 3 weeks and with the Chinese New year coming first week of February , it is expected that the market is likely to be soft until mid February 2011 . The average charter rates was at Cape/$ 9,692 per day , Panamax/$ 15,341 per day , Supramax/$ 14,570 per day and Handy size/$ 11,129 per day.
The Supramax index in the far east (S6 route) was down by $ 682 per day (down by 7.40 pct) and closed at $ 8,536 per day (last week $ 9,218 per day). The EC India/ China (S7 route) was also severely affected and was down by $ 233 per day (down by 2.00 pct) and closed at $ 11,388 per day (last week $ 11621 per day). The S6 and S7 route is likely to be soft next week also.
The futures for three years (2011-2013) was at around Cape/$ 22,000 per day, Panamax/$ 16,500 per day, Supramax/$ 16,000 per day , Handy size/$ 11,000 per day.
The congestion in EC Australia reduced slightly to 120 vessels this week (last week 136 vessels). The vessels waiting at main coal loading ports were at Hay point/18, DBCT/39, Gladstone/11, Abbot Point/4, New Castle/43, Port Kembla /3 vessels. On the WC Australia iron ore vessels waiting was almost at same levels at 33 vessels (last week 24 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 be firm almost touching $ 100 per barrel and closed at $ 98.50 per barrel (last week was at $ 93.61 per barrel). Bunker prices also firmed and was at $ 540.00 pmt (last week $ 520.50 pmt) for IFO 380 CST ex Singapore on 14th Jan 2011.
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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Saturday, 29 January 11
ANTAM ACQUIRES SAROLANGUN COAL MINING
According to Insider Stories, Nickel and gold miner PT Aneka Tambang Tbk (Antam) of Indonesia via its subsidiary PT Indonesia Coal Resources (ICR) h ...
Friday, 28 January 11
MPM SEEKS 40K TONS OF INDONESIAN COAL
An Indian paper producer Mysore Paper Mills Ltd., based in Bangalore is looking for 40,000 metric tons of non-coking coal of Indonesian o ...
Friday, 28 January 11
TRADING PERMIT DELAYS THREATEN EXPORTS - THE JAKARTA GLOBE
The Jakarta Globe reported that, an ongoing wrangle over licenses for mining traders could hurt investment, a coal mining association chief said on ...
Friday, 28 January 11
DRY BULK MARKET CLOSING IN TOWARDS CRISIS LEVELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The trials and tribulations of the dry bulk market seem to have no end during the first month of 2011, as the industry’s benchmark, the Baltic ...
Wednesday, 26 January 11
ADANI TO SET-UP RAIL, PORT AND POWER PROJECTS IN INDONESIA - MONEYCONTROL
Moneycontrol reported that, Adani Enterprises, the flagship company of India’s infrastructure conglomerate the Adani Group, today announced th ...
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- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Orica Australia Pty. Ltd.
- The University of Queensland
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Planning Commission, India
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- Agrawal Coal Company - India
- MS Steel International - UAE
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
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