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Sunday, 12 June 11
THE FREIGHT MARKET IS LIKELY TO BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com - The freight market continued to soften this week except for Panamax index. The BDI was down by about 4.77 pct and closed at 1,418 points, whereas the Cape index was down by 10.52 pct and closed at 1,735 points. The Panamax saw a fairly good gain which was up by 7.59 pct and closed at 1,927 points. The Supramax and Handy size index was down by 6.06 pct and 2.09 pct respectively.
Supramax delivery Far east have been reported fixed around US$ 11000 per day for single trips. Short period rates on Supramax were seen reported around US$ 13000 per day . The freight market is likely to be soft next week.
The iron imports by China saw slight gains in May and will have to see if they would increase the imports. However is seems that the imports will be almost steady/soft due to high inventories. The coal demand by India and China has been steady and has been supporting with fairly large volume, Capt. Reddy, Director Vistaar Shipping says.
The sale of second hand of ships remained fairly good and prices were holding firm , which seems that some owners are taking advantage of low prices.
The average charter rates was at Cape/US$ 9320 per day , Panamax/US$ 15455 per day , Supramax/US$ 14090 per day and Handy size/US$ 11110 per day.
The Supramax index in the feast (S6 route) was down sharply by 12.96 pct and closed at US$ 11168 per day (last week US$ 12832 per day). The EC India/China (S7 route) also softened by 10.14 pct and closed at US$ 11446 per day (last week US$ 12738 per day) , the main reason could be towards monsoon. The S6 and S7 routes likely to be soft next week.
The futures for three years (2011-2013) was at around Cape/US$ 15000 per day, Panamax/US$ 14000 per day, Supramax/US$ 13500 per day , Handy size/US$ 10500 per day.
The congestion in EC Australia increased sharply up and was at 63 vessels this week (last week 49 vessels). The vessels waiting at main coal loading ports were at Hay point/4, DBCT/18, Gladstone/14, Abbot Point/Nil, New Castle/26, Port Kembla/1 vessels. On the WC Australia iron ore vessels waiting also increased to 34 vessels (last week 32 vessels).
The Brent crude oil prices increased slightly and was up by 2.15 pct and closed at US$ 118.50 per barrel (last week US$ 116.00 per barrel). Bunker prices also firmed up and was at US$ 675.00 pmt (last week US$ 659.00 pmt) for IFO 380 CST ex Singapore on 10th June 2011.
Click here for Vistaar’s forecasts (terms & conditions apply) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)
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Thursday, 23 June 11
DRY BULK MARKET KEEPS EXHIBITING SIGNS OF WEAKNESS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be unable to climb at new highs this week, showing signs of weakness, across most ship types. Yesterday, the Baltic Dry ...
Wednesday, 22 June 11
BOOMING INDONESIAN COAL EXPORTS - BLEEDING INDIAN POWER INDUSTRY
COALspot.com - Indonesia shipped 28.962 Million tons of coal in May 2011, up by 15.86 percent compared to April export of about 24.995 m ...
Tuesday, 21 June 11
SURGE IN PRODUCTION AND PRICES TO PUSH BUKIT ASAMS NET PROFITS ABOVE RP 3T - THE JAKARTA GLOBE
State-owned coal company Perusahaan Tambang Batubara Bukit Asam expects its net income to increase about 50 percent this year on the back of rising ...
Tuesday, 21 June 11
COURT BATTLE PUTS MASSIVE COAL PROJECT IN JEOPARDY - KOREA JOONGANG DAILY
As Korean companies race to exploit Indonesia’s abundant natural resources, two companies have been locked in a court case that has become so ...
Tuesday, 21 June 11
DRY BULK MARKET TURNS RED AGAIN ON VESSEL OVERSUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk entered this week on a negative turn, with the industry’s benchmark the Baltic Dry Index (BDI) retreating by 0.35% to end the ses ...
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Showing 5216 to 5220 news of total 6871 |
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- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Planning Commission, India
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- The University of Queensland
- Energy Development Corp, Philippines
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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