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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, 10 April 11
SOFT FREIGHT MARKET TREND LIKELY TO BE CONTINUED - VISTAAR SHIPPING
COALspot.com - The freight market continued to soften further with the BDI breaking the 1,500 points and closing at 1376 points down by almost 10 pc ...
Thursday, 07 April 11
HANDY RATES SLIDING NOW - FEARNBULK
Handy
Slowly softening rates as more tonnage is accumulating in the Atlantic basin.The trans-Atlantic round is around $15k pd with trips to ...
Thursday, 07 April 11
DRY BULK MARKET PLUNGING EVEN FURTHER ON LOW CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has continued its falling pattern this week, with every day proving to be painful for ship owners, especially those of the large ...
Thursday, 07 April 11
INDIKA BUYS MITRABAHTERA AT US$ 0.183
PT Indika Energy Tbk (INDY), integrated energy company, today has exercised an option agreement to acquire 51% shareholding in newly listed coal tug ...
Wednesday, 06 April 11
FORBES & MANHATTAN COAL ANNOUNCES SIGNIFICANT OFF TAKE AGREEMENT
Steady Cash Flow Will Fund Production Ramp Up
Forbes & Manhattan Coal Corp., ("Forbes Coal" or the "Company") is a produc ...
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Showing 5311 to 5315 news of total 6871 |
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- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Planning Commission, India
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Eastern Coal Council - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
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