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Sunday, 19 June 11
S6 AND S7 ROUTES LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market seemed to be stabilizing and the BDI and Cape index was up marginally and closed at 1,423 points and 1,824 points respectively. Panamax index was almost holding same as last week and was down by 0.67 pct and closed at 1,914 points. The Supramax and handy size index was down by about 2 pct and closed at 1,319 points and 734 points respectively.
The freight market seems would be holding next week.
Supramax delivery Far east have been reported fixed around $ 12-13,000 per day for single trips. No Supramax period rate reported.
The iron ore imports by China saw slight gains and the main gain for the cape has been in the Atlantic. However the outlook for the dry bulk still seems to be grim because of oversupply of the new ships coming in the market.
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/$ 10,120 per day , Panamax/$ 15,344 per day , Supramax/$ 13,792 per day and Handy size/$ 11,000 per day.
The Supramax index in the feast (S6 route) was down by 6.18 pct and closed at $ 10,477 per day (last week $ 11168 per day). The EC India/China (S7 route) also softened by 10.66 pct and closed at $ 10,225 per day (last week $ 11,446 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/$ 15,000 per day, Panamax/$ 14,000 per day, Supramax/$ 13,500 per day , Handy size/$ 10,500 per day.
The congestion in EC Australia increased sharply up and was at 74 vessels this week (last week 63 vessels). The vessels waiting at main coal loading ports were at Hay point/5, DBCT/15, Gladstone/15, Abbot Point/1, New Castle/34, Port Kembla/3 vessels. On the WC Australia iron ore vessels waiting also increased to 36 vessels (last week 34 vessels).
The Brent crude oil prices softened and dropped by 4.42 pct to $ 113.26 per barrel (last week $ 118.50 per barrel). Bunker prices also softened and closed at $ 640.50 pmt (last week $ 675.00 pmt) for IFO 380 cst ex Singapore on 17th 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, 08 September 11
TRADA MARITIME BUYS GUNUNG BARA UTAMA
Insider Stories reported that, PT Trada Maritime Tbk (TRAM) has purchased convertible bonds issued by PT Awesome Coal from Zakia Limited. The memora ...
Thursday, 08 September 11
PETROSEA ADDS US$730 MIO CONTRACT
Coal mining contractor PT Petrosea Tbk (PTRO), a majority owned subsidiary of energy integrated company PT Indika Energy Tbk (INDY), has secured a U ...
Wednesday, 07 September 11
ANOTHER EXCEPTIONALLY STRONG WEEK FOR THE CAPESIZE MARKET - BRS
The very strong rise in Cape rates pushed through an overall improvement in the BDI this week, although relatively little benefit from the Capes has ...
Wednesday, 07 September 11
INDIA HIT BY INDONESIAS COAL PRICE - TEMPO INTERACTIVE
TEMPO Interactive, an Indonesian online news portal reported that, The Indian government has complained about the price increase of Indonesian coal, ...
Wednesday, 07 September 11
SAMPUR POWER AGREEMENT SIGNED - DAILY NEWS
Daily News, Sri Lank's national news paper reported that, the agreement for the setting up of a 500 MW coal-fired power plant at Sampur, Trincomale ...
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- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Kideco Jaya Agung - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- London Commodity Brokers - England
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