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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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Saturday, 22 January 11
POSSIBLE COAL EXPORT RESTRICTIONS ON INDONESIA UNLIKELY TO AFFECT CHURCHILL MINING - PROACTIVE INVESTORS
Proactive Investors reported that, Churchill Mining moved to reassure investors after a fall in its share price, stating that from talks with the au ...
Thursday, 20 January 11
INDONESIA MAY BAN LOW-QUALITY COAL EXPORTS FROM 2014 - BLOOMBERG
Bloomberg reported that, The Indonesian government plans to ban exports of coal with an energy value of less than 5,600 kilocalories a kilogram star ...
Thursday, 20 January 11
SUPRAS ARE DOING USD 7- 8K FOR INDONESIA-INDIA - FEARNBULK
Handy
Negative sentiment for forward positions in the Atlantic market due to lack of cargo availability and too many ballasters from the East. Con ...
Thursday, 20 January 11
ITMG TARGETS TO PRODUCE 25 MILLION TONS OF COAL THIS YEAR - BISNIS INDONESIA
Bisnis Indonesia reported that, Coal producer PT Indo Tambangraya Megah Tbk (ITMG) targets to produce 25 million tons of coal this year, a 13. ...
Thursday, 20 January 11
DRY BULK MARKETS FALL SEES NO END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Pundits indicating that the dry bulk market’s sentiment remains weak were justified, as the industry’s benchmark, the Baltic Dry Index ( ...
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- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- Meralco Power Generation, Philippines
- Australian Coal Association
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- PTC India Limited - India
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