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Sunday, 05 June 11
COAL IMPORTS BY CHINA IS LIKELY TO INCREASE - VISTAAR SINGAPORE
COALspot.com - The freight market softened this week except for the BDI and Cape index was up, but even in these sectors the momentum was compared to last week, Capt. Reddy says.
The BDI was marginally up by 1.02 pct and the Cape index was up by 6.48 pct. The Panamax index was down by 3.97 pct and closed at 1,791 points, whereas the Supramax and handy size index was down by about 1 pct.
Supramax delivery Far east have been reported fixed around US$ 12,500-13,000 per day for single trips. Short period rates on Supramax were seen reported around US$ 14,000 per day . The freight market is likely to be soft next week.
The iron imports by China seems to be slowing with the prices of iron ore softening. However the coal imports by China is likely to increase and is expected that the market may be fairly stable. The sale of second hand of ships remained fairly good and prices were holding firm , which seems to show many owners are bullish on the market.
The average charter rates was at Cape/US$ 11,773 per day , Panamax/US$ 14,360 per day , Supramax/US$ 15,004 per day and Handy size/US$ 11,365 per day.
The Supramax index in the far east (S6 route) softened as expected by 3.12 pct and closed at US$ 12,832 per day (last week US$ 13,345 per day). The EC India/China (S7 route) also softened by 2.07 pct and closed at US$ 12,738 per day (last week US$ 13,008 per day). The S6 and S7 routes likely to be soft next week.
The futures for three years (2011-2013) was at around Cape/US$ 15,000 per day, Panamax/US$ 14,000 per day, Supramax/US$ 13,500 per day , Handy size/US$ 10,500 per day.
The congestion in EC Australia increased sharply up and was at 49 vessels this week (last week 67 vessels). The vessels waiting at main coal loading ports were at Hay point/1, DBCT/16, Gladstone/8, Abbot Point/Nil, New Castle/23, Port Kembla/1 vessels.
On the WC Australia iron ore vessels waiting also increased to 32 vessels (last week 37 vessels).
The Brent crude oil prices increased slightly and was up by 0.887 pct and closed at US$ 116.00 per barrel (last week US$ 114.98 per barrel). Bunker prices also firmed up and was at US$ 659.00 pmt (last week US$ 646.50 pmt) for IFO 380 cst ex Singapore on 3rd June 2011.
Click here for Vistaar’s forecasted (terms & conditions apply) spot freight rates for coal & Iron-ore cargo for specific routes (cs)
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Monday, 16 May 11
INDO TAMBANG 1Q SALES REVENUE UP - INSIDER STORIES
Thai Banpu Plc last week reported a 7.83% increase in coal sales revenue from its Indonesian operating unit via PT Indo Tambangraya Megah Tbk (ITMG) ...
Sunday, 15 May 11
THE FREIGHT MARKET REMAINED SOFT - VISTAAR
COALspot.com - "The freight market overall remained soft", said Capt. Reddy, Director of Vistaar Shipping Singapore. He further added, &qu ...
Saturday, 14 May 11
WELSPUN TO ACQUIRE AN INDONESIAN COAL MINE - MEDIA
The India based Welspun Power and Steel Ltd is planning to acquire 456,000 shares in PT Batubara Energy Indonesia, representing 75% interest, accord ...
Saturday, 14 May 11
DRY BULK MARKET ON A DOWNFALL ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what is now pretty clear will be yet another challenging year for dry bulk ship owners, the Baltic Dry Index returned to its usual pattern of dec ...
Tuesday, 10 May 11
DRY BULK MARKET KEEPS ON RISING, OUTLOOK MIXED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched forward once again on Monday, with the Baltic Dry Index rising by 0.6% to 1,348, although the Capesize market was 0.57% l ...
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Showing 5261 to 5265 news of total 6871 |
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- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Economic Council, Georgia
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Planning Commission, India
- The University of Queensland
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Australian Coal Association
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
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