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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, 24 March 11
DRY BULK MARKET RISES, CAPESIZES GAIN BUT REMAIN LOW EARNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market posted modest gains on Wednesday, with the Baltic Dry Index rising to 1,565 points, up by 1.43 percent on the day, led by gains ...
Wednesday, 23 March 11
INDIAS TNPL RECEIVED 1.120 MMTS OF COAL AGAINST ITS 160K MT INQUIRY
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. has closed its inquiry today.
Seven Indian coal traders have submitted price bid to sup ...
Tuesday, 22 March 11
MONNET ISPAT & ENERGY LIMITED ACQUIRES INDONESIAN COAL COMPANY THROUGH ITS SUBSIDIARY MONNET GLOBAL LIMITED
Monnet Global Limited (MGL) acquires PT Sarwa Sembada Karya Bumi, Sumatra & on part exploration the reserves of 65 million tonne on Thermal Coal ...
Tuesday, 22 March 11
RI COAL EXPORTS TO JAPAN MAY BE DIVERTED TO OTHER COUNTRIES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s coal exports to Japan will likely be diverted to other countries for several months after the rece ...
Tuesday, 22 March 11
KRISHNAPATNAM PORT SETS ALL INDIA RECORD FOR COAL DISCHARGING
COALspot.com - "Krishnapatnam Port has set an all India record for discharging 71,587 tons of steam coal in just 24 hrs using the conventional ...
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- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- The University of Queensland
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
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