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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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Friday, 26 August 11
INTRACO EYES US$200 MIO COAL TAKEOVER - INSIDER STORIES
Heavy equipment distributor PT Intraco Penta Tbk, that was founded by Halex Halim, is scouting a coal acquisition with the valuation above US$200 mi ...
Thursday, 25 August 11
OPG EXPECTS COAL PRICES TO REMAIN FIRM IN THE SHORT TERM
COALspot.com - Revenue of OPG, the developer and operator of Group Captive power plants in India up 188% to £33.15m and Income from continuing ...
Thursday, 25 August 11
PAITON POWER LOOKING FOR 3.96 MILLION TONS OF COAL
COALspot.com - PT Pembangkit Jawa Bali (PJB) is looking for 3.96 million tons coal with calorific value 4,800 kcal/kg on as received basis. Accordin ...
Tuesday, 23 August 11
ICMA CALLS GOVERNMENT TO REVIEW EXPORT BAN REGULATION
COALspot.com - Chairman of the Indonesian Coal Mining Association (ICMA) Bob Kamandanu asks the government to review the regulation that being draft ...
Tuesday, 23 August 11
ADARO ENERGY ACQUIRES 75% STAKE OF PT MUSTIKA INDAH PERMAI FOR US$ 222.5 MILLION
COALspot.com - PT Alam Tri Abadi, a wholly owned subsidiary of PT Adaro Energy Tbk, signed a share purchase agreement to acquire a 75% stake of PT M ...
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- Australian Coal Association
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- MS Steel International - UAE
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- GMR Energy Limited - India
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
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