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Monday, 08 August 11
A SUPRAMAX VESSEL WAS REPORTED FIXED AT $ 12K - VISTAAR
COALspot.com - The BDI was slightly up by about 4 points closed at 1268 points which was supported by cape index which was up 3.14 pct and closed at 1804 points. Panamax and Supramax index was down by 2.18 pct and 0.71 pct and closed at 1478 points and 1250 points respectively. The handy size index also was down by 2.37 pct and closed at 660 points.
One Supramax vessel was reported fixed at $ 12000 per day, which has been the lowest reported during recent times. The coal exports out of Indonesia is likely to be down in August due to Ramadan holidays approaching. Also the commodity markets have been sluggish due to global financial crisis over last 2 weeks. The average charter rates was at Cape/$ 10117 per day , Panamax/$ 11798 per day , Supramax/$ 13075 per day and Handy size/$ 9711 per day.
The Supramax index in the far east (S6 route) was up by 1.39 pct and closed at $ 10393 per day (last week $ 10250 per day). The EC India/China (S7 route) was also up by 0.54 pct and closed at $ 9344 per day (last week $ 9293 per day).The S6 and S7 routes likely to be steady next week. The futures for three years (2011-2013) was at around Cape/$ 15000 per day, Panamax/$ 13500 per day, Supramax/$ 13500 per day , Handy size/$ 10000 per day.
The congestion in EC Australia reduced to 57 vessels this week (last week 80 vessels). The vessels waiting at main coal loading ports were at Hay point/7, DBCT/12, Gladstone/10, Abbot Point/Nil, New Castle/22, Port Kembla/5 vessels. On the WC Australia iron ore vessels waiting increased to 29 vessels (last week 30 vessels).
Waiting at Indian ports were normal about 2/3 days except for Vizag and Kandla where waiting was around 7/8 days.
The Brent crude oil prices slightly down by 6.46 pct and closed at $ 109.30 per barrel (last week $ 116.86 per barrel). Bunker prices remained at same levels as last week and closed at $ 639.50 pmt (last week $ 676.50 pmt) for IFO 380 cst ex Singapore on 29th July 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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Tuesday, 09 August 11
INDONESIAS COAL PRODUCTION GREW BY 19.4% LAST YEAR - BP
COALspot.com - Indonesia’s coal production grew by 19.4% last year to 305.879 million tonnes from 256.181 million tonnes in 2009, the fastest ...
Tuesday, 09 August 11
DRY BULK MARKET UNABLE TO FIND UPWARD MOMENTUM, SLUMPS AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
They same that what goes up must come down and nobody seems to have found a better application of this expression, than the beleguered dry bulk mark ...
Monday, 08 August 11
OIL PRICES ARE SOFTENING, WILL IT INFLUENCE COAL PRICES?
COALspot.com - The current global economic condition is in volatility after a little chance of optimism for economic recovery.
Oil price at ...
Saturday, 06 August 11
NTPC IS CONSIDERING TO ENTER INTO 25 YEARS COAL PURCHASE AGREEMENT
Indian, State-run power producer NTPC's present annual consumption is 164 million tonnes, and company is considering long-term agreements abroad to ...
Friday, 05 August 11
RIO TINTO SIGNS MOU WITH JINDAL STEEL AND POWER ON ADVANCING HISMELT TECHNOLOGY
Press Release - Rio Tinto has signed a Memorandum of Understanding (MoU) with Jindal Steel and Power Limited (JSPL) to take the next step in g ...
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- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Sarangani Energy Corporation, Philippines
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Trasteel International SA, Italy
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Mjunction Services Limited - India
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Planning Commission, India
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
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