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Saturday, 30 April 11
THE PANAMAX WAS THE BIGGEST GAINER
COALspot.com - The freight market appeared to recover slightly after the Easter holidays. However they market may not move up much and likely to maintain around same levels next week also.
The BDI and cape index was up by only about 1.5 pct and closed at 1269 points and 1564 points. The panamax was the biggest gainer with index up by 5.30 pct and closed at 1450 points. The Supramax and handy size index was slightly down by less that 1 pct and closed at 1390 points and 797 points.
The effect of new bulk carrier deliveries in the first quarter seems to be having a affect on the shipping market with about 20 million dwt being delivered and still quite a lot of new tonnage is yet to be delivered in the balance of 2011 and could be around 40-50 million dwt more. The scrapping has been relatively poor in the first quarter and has been only about 4 million dwt.
The average charter rates was at Cape/$ 6698 per day , Panamax/$ 11620 per day , Supramax/$ 14530 per day and Handy size/$ 11897 per day
The Supramax index in the far east (S6 route) softened further by 2.71 pct (down by 385 points) and closed at $ 13822 per day (last week $ 14207 per day). The EC India/China (S7 route) also softened and was down by 3.96 pct (down by $ 558 per day) and closed at $ 13513 per day (last week $ 14071 per day). The S6 and S7 routes likely to be soft week also.
The futures for three years (2011-2013) was at around Cape/$ 16500 per day, Panamax/$ 14500 per day, Supramax/$ 14000 per day , Handy size/$ 11000 per day.
The congestion in EC Australia reduced to 39 vessels this week (last week 37 vessels). The vessels waiting at main coal loading ports were at Hay point/5, DBCT/17, Gladstone/4, Abbot Point/1, New Castle/9, Port Kembla/3 vessels. On the WC Australia iron ore vessels waiting was at same levels as last week (last week 35 vessels).
The waiting at Indian ports for coal vessels was quite normal.
The crude oil prices slightly firmed up and closed at $ 125.95 per barrel (last week $ 124.04 per barrel). Bunker prices also softened and closed at $ 673.50 pmt (last week $ 672.00 pmt) for IFO 380 cst ex Singapore on 29th 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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Sunday, 17 April 11
ADARO TO PROPOSE US$75 MILLION DIVIDEND
COALspot.com - One of Indonesia's largest coal miner PT Adaro Energy Tbk (ADRO) is keen to propose a final dividend of US$75 million or Rp 20.17 (U ...
Saturday, 16 April 11
TNPL RECEIVES 1.6MT OF COAL OFFERS - SOURCES
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. has closed its 160,000 MT coal inquiry today.
More than a half a dozen of Indian coal t ...
Friday, 15 April 11
DRY BULK MARKET KEEPS ON FALLING, ON LOW DEMAND AND HIGH SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its falling patern this week, with the industry’s benchmark, the Baltic Dry Index (BDI) retreating again yesterda ...
Thursday, 14 April 11
SUPRAS IN N.CHINA GET CLOSE TO $12000 FOR TRIPS VIA INDONESIA TO INDIA - FEARNBULK
Handy
The Atlantic market remains flat - very little new/fresh business and slow activity. Considerable prompt tonnage remains unfixed. The USG pa ...
Wednesday, 13 April 11
CAPESIZE VESSELS ARE DELIVERED AT A PACE OF ONE NEW VESSEL EVERY SECOND DAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a clear sign that it will take a significant rise in global seaborne dry bulk trade in order to be able to absorb the flurry of new building tonn ...
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Showing 5306 to 5310 news of total 6871 |
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- PTC India Limited - India
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Bukit Asam (Persero) Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Mercuria Energy - Indonesia
- White Energy Company Limited
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Malabar Cements Ltd - India
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
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