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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, 16 June 11
FREIGHT MARKET FAILS TO RECOVER - DREWRY / HELLENIC SHIPPING
With demand failing to improve enough to contain the colossal increases in supply, the dry bulk freight market stayed near the dreadfully low levels ...
Thursday, 16 June 11
VALLAR CONTROLS 84.7 PERCENT STAKE IN BERAU COAL - INSIDER STORIES
Insider Stories reported that, London-based investment company Vallar Plc, via its subsidiary dubbed Vallar Investments UK Limited, today announced ...
Wednesday, 15 June 11
INDONESIA NEW COAL POLICY WORRIES INDIA POWER FIRMS - MYDIGITALFC
Tata Power, Adani group, Lanco Infratech and Reliance Power, among other Indian coal importers, are waiting to assess the impact of the Indonesian g ...
Wednesday, 15 June 11
BAYAN RESOURCES OWNS 56 PERCENT KANGAROO - INSIDER STORIES
Australia-listed coal miner Kangaroo Resources Limited (KRL) has obtained final approval from its shareholders to complete its US$277 million acquis ...
Wednesday, 15 June 11
DRY BULK MARKET WEAKENS AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Despite this time of year traditionally being one of the busiest for the dry bulk market, it seems that in the post-crisis era trade patterns are co ...
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- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- London Commodity Brokers - England
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- PTC India Limited - India
- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
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