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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, 08 March 11
US$ 8 BILLION WORTH OF INFRASTRUCTURE PROJECTS IN PIPELINE IN INDONESIA - WOOD MACKENZIE
India’s Increasing Demand for Thermal Coal Cannot Be Satisfied Without Emerging Coal Areas in Indonesia - Wood Mackenzie
At Coa ...
Tuesday, 08 March 11
INDIA'S VEDANTA TO ACQUIRE COAL MINES IN OVERSEAS
COALspot.com - India's Vedanta group is also looking at long-term off take agreements and possible acquire of coal mines overseas, the official sai ...
Tuesday, 08 March 11
MINERS SAY VALUE-ADDED LAW WILL HURT IN THE LONG RUN - THE JAKARTA GLOBE
The Jakarta Globe reported that, Government plans to require miners to give added value to their exported commodities could end up costing the count ...
Tuesday, 08 March 11
THE PANAMAX MARKET THIS WEEK FIRMED UP - BRS
Underlining the unpredictability of the current market, rates for all dry bulk segments swung up again last week. Stronger exports out of South Amer ...
Sunday, 06 March 11
THE S6 ROUTE MAY CONTINUE TO BE FIRM - VISTAAR
COALspot.com - The freight market was firm this week with all indices up. The BDI , Cape Index and Panamax index was up by almost 9 pct where as Sup ...
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Showing 5351 to 5355 news of total 6871 |
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- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- MS Steel International - UAE
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
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