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Sunday, 28 August 11
FREIGHT MARKET COULD BE FIRM NEXT MONTH - VISTAAR
COALspot.com - The freight market continued the upward trend first half of the week . However, towards the end of the week lost momentum and the BDI, BCI started to fall down. Overall there were gains with BDI up by 5.40 pct and closing at 1541 points also the Cape index was up by 5.68 pct and closed at 2346 points.
Panamax index was up by only 2.66 pct and closed at 1651 points, whereas Supramax index was up by 3.66 pct and closed at 1387 points. The handy size index also was up by about 3 pct and closed at 667 points.
"Due to major holidays in Indonesia, the shipments may start only after 3rd September", said Capt. Reddy, MD of Vistaar Shipping.
"There will be quite few shipments booked in September and October, and the demand for vessels will be expected to high during Sept & Oct and freight market also could be firm", he furher said.
According to Vistaar shipping singapore, the average charter rates are at Cape/US$ 16,716 per day , Panamax/US$ 13,214 per day , Supramax/US$ 14,508 per day and Handy size/US$ 9,870 per day.
The Supramax index in the feast (S6 route) was up by 6.82 pct and closed at US$ 12,673 per day (last week US$ 11,864 per day). The EC India/China (S7 route) was also up by 3.05 pct and closed at US$ 11,215 per day (last week US$ 10,883 per day). The S6 and S7 routes likely to be firm next week.
The futures for three years (2011-2013) was at around Cape/US$ 15,000 per day, Panamax/US$ 13,500 per day, Supramax/US$ 13,500 per day , Handy size/US$ 10250 per day.
The congestion in EC Australia increased to 73 vessels this week (last week 80 vessels). The vessels waiting at main coal loading ports were at Waypoint/9, DBCT/16, Gladstone/13, Abbot Point/Nil, New Castle/30, Port Kembla/5 vessels. On the WC Australia Iron ore vessels waited increased to 29 vessels (last week 42 vessels).
Waiting at Indian ports were normal about 2/3 days except for Vizag, Kandla and Paradip where, waiting was around 7-10 days.
The Brent crude oil prices slightly up by 1.87 pct and closed at US$ 111.07 per barrel (last week US$ 109.03 per barrel). Bunker prices remained at same levels as last week and closed at US$ 659.00 pmt (last week US$ 636.50 pmt) for IFO 380 CST ex-Singapore on 26th August 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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Wednesday, 17 August 11
BUMI'S H1 UNDERLYING OPERATING PROFIT $62 MILLION
COALspot.com - Bumi PLC , posted underlying first-half operating profit of $62 million and production at PT Bumi Resources and PT Berau increased to ...
Wednesday, 17 August 11
SHIP OWNERS COULD FACE PAIN ON THE BACK OF GLOOMY ECONOMYS PREDICTIONS - HELLENIC SHIPPING
The latest market turmoil, coupled with the renewed risk of a global recession could very well signal more troubled times for ship owners of all shi ...
Tuesday, 16 August 11
CHALLENGER ENTERED INTO CSPA WITH PELANGI KERTANEGARA TO ACQUIRE 100% STAKE
COALspot.com - Challenger Deep Resources Corp., through its wholly owned subsidiary, P.T. Bestindo Energy, has exercised its option to purchase an a ...
Monday, 15 August 11
ADARO ENERGYS NET INCOME MORE THAN DOUBLES IN FIRST HALF 2011
COALspot.com - Indonesian’s second largest coal producer, Adaro Energy, booked net profit US$ 268 million in the first half 2011, rose two-fol ...
Monday, 15 August 11
INDIAS MALABAR CEMENTS SEEK TO IMPORT 40,000 TONS OF COAL
COALspot.com - Malabar Cements Ltd., India's Keralaa government owned cement factory is seeking to import 40K metric tons of non-coking coal throug ...
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- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- Planning Commission, India
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
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