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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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Friday, 28 January 11
MPM SEEKS 40K TONS OF INDONESIAN COAL
An Indian paper producer Mysore Paper Mills Ltd., based in Bangalore is looking for 40,000 metric tons of non-coking coal of Indonesian o ...
Friday, 28 January 11
TRADING PERMIT DELAYS THREATEN EXPORTS - THE JAKARTA GLOBE
The Jakarta Globe reported that, an ongoing wrangle over licenses for mining traders could hurt investment, a coal mining association chief said on ...
Friday, 28 January 11
DRY BULK MARKET CLOSING IN TOWARDS CRISIS LEVELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The trials and tribulations of the dry bulk market seem to have no end during the first month of 2011, as the industry’s benchmark, the Baltic ...
Wednesday, 26 January 11
ADANI TO SET-UP RAIL, PORT AND POWER PROJECTS IN INDONESIA - MONEYCONTROL
Moneycontrol reported that, Adani Enterprises, the flagship company of India’s infrastructure conglomerate the Adani Group, today announced th ...
Wednesday, 26 January 11
DRY BULK MARKET TAKES YET ANOTHER NOSEDIVE, CAPESIZES LOOK RATHER UNATTRACTIVE AT THE MOMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The downturn of the dry bulk market sees no boundariers, disproving even those who thought that at least for the capesize market, the worst had pass ...
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- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Bharathi Cement Corporation - India
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- White Energy Company Limited
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
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