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Saturday, 07 May 11
SUPRAMAXES ARE AT AROUND $ 13,500-14,000 PER DAY FOR SINGLE TRIPS
COALspot.com - The freight remained fairly steady this week with the BDI up by 71 points and closing at 1,340 points, said Capt. Reddy, the director of Vistaar Shipping Singapore. Vistaar Shipping an experiences ship operator and having offices in Singapore and India.
The Cape index was almost at same levels with a marginal increase of 2 points and closing at 1,566 points. The BPI saw the biggest jump was in the panama index up by 22 pct or up by 319 points and closing at 1,769 points. The Supramax and handy size index were marginally down (less than 1 pct) and closed at 1,386 points and 1,390 points respectively.
Supramax delivery far east have been reported fixed around US$ 13,500-14,000 per day for single trips.
Short period rates on Supramax were seen reported around US$ 15,000 per day and Panamax vessels around US$ 14,000 per day. The average charter rates was at Cape/US$ 6,777 per day , Panamax/US$ 14,197 per day , Supramax/US$ 14,490 per day and Handy size/US$ 11,784 per day.
The Supramax index in the far east (S6 route) softened further by 2.06 pct (down by 286 points) and closed at US$ 13,536 per day (last week US$ 13,822 per day). The EC India/China (S7 route) also softened and was down by 2.26 pct (down by US$ 305 per day) and closed at US$ 13,208 per day (last week US$ 13,513 per day). The S6 and S7 routes likely to be steady/firm next week.
The futures for three years (2011-2013) was at around Cape/US$ 16,500 per day, Panamax/US$ 15,000 per day, Supramax/US$ 14,000 per day , Handy size/US$ 11,000 per day.
The congestion in EC Australia reduced to 42 vessels this week (last week 39 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 32 vessels (last week 35 vessels).
The waiting at Indian ports for coal vessels was quite normal except for Visakhapatnam where waiting was bit high.
The Brent crude oil prices dropped by about 12 pct and closed at US$ 110.12 per barrel (last week US$ 125.95 per barrel). Bunker prices also softened and closed at US$ 623.50 pmt (last week US$ 673.50 pmt) for IFO 380 cst ex Singapore on 6th May 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, 15 July 11
BUKIT ASAM 1H COAL SALES UP 44 PERCENT
The state-controlled PT Tambang Batubara Bukit Asam Tbk (PTBA) is estimated to post 6.5 million tons of coal sales in the first half of this year, a ...
Thursday, 14 July 11
INDO GOVT. SETS JULY COAL REFERENCE PRICE AT US$ 118.24 PER TON
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia sets coal spot price benchmark for July 2011 at US$ 118.24 per ton, US$ 0 ...
Thursday, 14 July 11
DRY BULK MARKET KEEPS FALLING ON WEAK CAPESIZE SENTIMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on retreating on Wednesday, with the Baltic Dry Index (BDI) falling to 1,383 points, from 1,411 of the previous day. Capesi ...
Thursday, 14 July 11
UNITED TRACTORS BUYS DUTA SEJAHTERA - INSIDER STORIES
Insider Stories reported that, PT United Tractors Tbk (UNTR), via a wholly-owned subsidiary PT Tuah Turangga Agung, will acquire PT Duta Sejahtera a ...
Wednesday, 13 July 11
ANOTHER FIRMER WEEK FOR THE CAPES - BRS
Barry Rogliano Salles reported that, there were mixed results for the dry bulk market this week: the Capesize and Panamax markets performed well gai ...
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- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
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