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Sunday, 23 January 11
THE AVERAGE CHARTER RATE FOR CAPE SIZE VESSELS WAS AT $ 8,859 PD ALMOST CLOSE TO 2008 LOWS - VISTAAR
 COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1,370 points. “ In May 2010 the BDI touched 4209 points which was highest in 2010 and since then the BDI has dropped almost 70 pct”, said, Capt. Reddy, Director of Vistaar Singapore, an experienced ship operator.
The Cape index also continued to remain soft with a drop of about 2.50 pct and closed at 1,556 points.
The average charter rate for Cape size vessels was at $ 8,859 per day almost close to 2008 lows.
Panamax index was the most affected this week with the index down by 270 points and closed at 1,650 points. Supramax and Handy size index saw a slight upward movement and closed at 1,427 points and 777 points respectively.
The spot charter rates for Supramax in the far east remained under pressure and vessels were reported fixed at $ 7000-8000 per day for trip to via Indonesia to India.
According to Vistaar Singapore, With the flood situation in Australia likely to continue for some more time and with the Chinese New year coming the market are likely to be under pressure at least until mid February 2011.
The average charter rates was at Cape/$ 8,859 per day , Panamax/$ 13,157 per day , Supramax/$ 14,926 per day and Handy size/$ 11,500 per day.
The Supramax index in the feast (S6 route) was down by $ 350 per day (down by 4.10 pct) and closed at $ 8,186 per day (last week $ 8,536 per day). The EC India/ China (S7 route) was up by 233 points (up by 2.00 pct) and closed at $ 11,621 per day (last week $ 11,388 per day). The S6 route is likely to be soft next week.
The futures for three years (2011-2013) was at around Cape/$ 21,000 per day, Panamax/$ 16,000 per day, Supramax/$ 15,500 per day , Handy size/$ 11,000 per day.
The congestion in EC Australia reduced slightly to 110 vessels this week (last week 120 vessels). The vessels waiting at main coal loading ports were at Hay point/16, DBCT/36, Gladstone/13, Abbot Point/Nil, New Castle/40, Port Kembla/5 vessels. On the WC Australia iron ore vessels waiting increased to 41 vessels (last week 33 vessels).
The waiting at Indian ports for coal vessels was quite normal except for Paradip, Haldia, Kandla where the berthing delays was high with berthing delays of about 10/12 days.
The Brent crude prices was almost at same levels and was slightly down and closed at $ 97.63 per barrel (last week $ 98.50 per barrel). Bunker prices also firmed and was at $ 546.00 pmt (last week $ 540.00 pmt) for IFO 380 cst ex Singapore on 21st 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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Thursday, 17 February 11
UNCERTAINTY AND VOLATILITY - FEARNBULK
Handy
Recovering market as evidenced by the solid USD 16k/day achieved by a handymax from Continent to east Med with scrap. More short period requ ...
Tuesday, 15 February 11
INDONESIAN COAL FOR HARYANA THERMAL PLANTS - PUNJAB NEWS LINE
To tide over the recurring coal shortage at thermal plants Haryana Power Generation Corporation Limited (HPGCL) has gone for Malaysian coal for its ...
Tuesday, 15 February 11
TONNAGE OVERSUPPLY TO CHOKE FREIGHT RATES IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a new report assessing the dry bulk market, BIMCO’s analysis suggests that freight rates for Capesize vessels are likely to remain depresse ...
Sunday, 13 February 11
COAL MARKETS 2011 TO HIGHLIGHT INDONESIAN COAL AND NEW SOURCES OF COAL SUPPLY
“Over 300 senior decision-makers from coal mining, power and trading companies expected to congregate in Singapore”
Press Release - K ...
Sunday, 13 February 11
YEAR OF RABBIT PUSHING FREIGHT MARKET UP
COALspot.com – “The market finally moved up with firmness in all sectors with some positive signs of markets recovering”, said Cap ...
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- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Australian Coal Association
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- VISA Power Limited - India
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- The University of Queensland
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
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