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Sunday, 17 April 11
THE FREIGHT MARKET APPEARS WILL CONTINUE TO BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com - "The freight market continued to soften further with all segments down except for the handy size which was marginally up by 10 points", said Capt. Reddy, Director of Vistaar Shipping Singapore. Vistaar Shipping is an experienced ship operator and handling coal vessels from Indoneisa, Australia, China and South Africa.
The BDI was down by 5.81 pct and closing at 1,296 points, whereas cape index was down by 2.98 pct and closed at 1,564 points. The panama index was most affected which was down by almost 11 pct and closed at 1,514 points. The Supramax index was down by 2.95 pct and closed at 1,414 points, whereas the handy size index was up by 1.27 pct and closed at 796 pct.
The market appears will continue to be soft next week also. The bunker prices have soften a bit and overall the freight are expected to be soft.
The Supramax vessels opening Feast/Se Asia region were seen reported fixed around US$ 13000 delivery Shanghai/Rizhao range. Short period rates on Panamax and Supramax was around US$ 15000 per day.
The average charter rates was at Cape/US$ 6856 per day , Panamax/US$ 12129 per day , Supramax/US$ 14781 per day and Handy size/US$ 11908 per day.
The Supramax index in the feast (S6 route) softened further by 2.89 pct (down by 431 points) and closed at US$ 14455 per day (last week US$ 14886 per day). The EC India/China (S7 route) also softened slightly and was down by 1.50 pct (down by US$ 216 per day) and closed at US$ 14142 per day (last week US$ 14358 per day). The S6 and S& route likely to be soft soft week also. However WC India market could be slightly holding due to pressure of cargoes out of WC India before monsoons.
The futures for three years (2011-2013) was at around Cape/US$ 17000 per day, Panamax/US$ 15000 per day, Supramax/US$ 14500 per day , Handy size/US$ 11250 per day.
The congestion in EC Australia reduced to 60 vessels this week (last week 72 vessels). The vessels waiting at main coal loading ports were at Hay point/4, DBCT/22, Gladstone/11, Abbot Point/3, New Castle/18, Port Kembla/2 vessels. On the WC Australia iron ore vessels waiting reduced was at 33 vessels (last week 37 vessels).
The waiting at Indian ports for coal vessels was quite normal.
The crude oil prices softened a bit and closed at US$ 123.44 per barrel (last week US$ 126.74 per barrel). Bunker prices also softened and closed at US$ 673.50 pmt (last week US$ 684.50 pmt) for IFO 380 cst ex Singapore on 15th April 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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Tuesday, 10 May 11
DRY BULK MARKET KEEPS ON RISING, OUTLOOK MIXED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched forward once again on Monday, with the Baltic Dry Index rising by 0.6% to 1,348, although the Capesize market was 0.57% l ...
Monday, 09 May 11
THAILAND COAL IMPORTS SURGE IN Q1 - ICAP SHIPPING
Thailand's coal imports leapt 20% in Q1 and the country looks set to import its largest ever volume in 2011 as quoted by ICAP Shipping web site.
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Monday, 09 May 11
KOSPO SEEKING 65KT STEAMING COAL
COALspot.com - Korea Southern Power Co (KOSPO) issues tender for 65000 Mt of Steaming Coal Supply with a minimum CV of 4,500 kcal/kg on NAR basis. D ...
Monday, 09 May 11
INDONESIA HBA FALL BELOW $118
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the May 2011 Indonesian Coal Reference Price for thermal coal at US$ 11 ...
Monday, 09 May 11
DIAN SWASTATIKA Q1 PROFIT SOARS 511 PERCENT - INSIDER STORIES
PT Dian Swastatika Sentosa Tbk (DSSA), parent of coal miner PT Golden Energy Mines, reported a 511.73% jump in net profit for the first quarter of t ...
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- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- The Treasury - Australian Government
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- New Zealand Coal & Carbon
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
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