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Saturday, 10 September 11
THE FREIGHT MARKET LIKELY TO BE FIRM NEXT WEEK - CAPT. REDDY
COALspot.com - The freight market continued the upward trend during last week with BDI crossing 1,800 points and closing at 1,838 points up by 5.63 pct. The Cape index saw the biggest gain this week up by 7.05 pct and closing at 3,185 points. Panamax , Supramax and Handy size index were all up by about 2 pct.
The short period rates on Supramax reported around US$ 14,000 per day and trips via Indonesia to India also around US$ 14,000 per day.
“The India to Far east market was weak with not much iron ore exports. The coal imports to India also seemed bit slow and not many cargoes out of Indonesia”, says Capt. Reddy, Managing Director Singapore based ship operator, Vistaar Shipping.
According to vistaar shipping, The freight market likely to be firm Next week.
The average charter rates was at Cape/US$ 26,463 per day , Panamax/US$ 13,534 per day , Supramax/US$ 14,649 per day and Handy size/US$ 10,139 per day.
The Supramax index in the feast (S6 route) was slightly down by 0.72 pct and closed at US$ 12,387 per day (last week US$ 12,477 per day). The EC India/China (S7 route) was also down by 0.72 pct and closed at US$ 10,904 per day (last week US$ 10,983 per day). The S6 and S7 routes likely to be firm up next week.
The futures for three years (2011-2013) was at around Cape/US$ 16,000 per day, Panamax/US$ 13,500 per day, Supramax/US$ 13,500 per day , Handy size/US$ 10,250 per day.
The congestion in EC Australia increased to 67 vessels this week (last week77 vessels). The vessels waiting at main coal loading ports were at Hay point/3, DBCT/19, Gladstone/14, Abbot Point/3, New Castle/26, Port Kembla/4 vessels. On the WC Australia iron ore vessels waiting was at 28 vessels (last week 30 vessels).
Waiting at Indian ports were normal about 2/3 days except for Vizag, Kandla and Paradip where waiting was around 8-10 days.
The Brent crude oil prices slightly up by 1.42 pct and closed at US$ 112.56 per barrel (last week US$ 112.65 per barrel). Bunker prices remained at same levels as last week and closed at US$ 668.00 pmt (last week US$ 663.00 pmt) for IFO 380 cst ex Singapore on 9th Sept 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, 23 September 11
ICMA TO BUILD UPGRADE FACILITIES TO ANTICIPATE BAN ON LOW-GRADE COAL EXPORT BY 2014
COALspot.com - January to August of this year, Indonesia’s coal production had already reached 235 million tons. Earlier estimates had targete ...
Friday, 23 September 11
UT TO PRODUCE 7 MMT OF COAL BY 2012
PT United Tractors Tbk is targeting a 7 million tons of coal production next year, a 55.55% increase from 4.5 millions targeted this year, said Pres ...
Friday, 23 September 11
RECORD RECYCLING ACTIVITY STIRS OPTIMISM IN DRY BULK SAYS BIMCOS ANALYSIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As expected at the start of the year, dry bulk ship owners were expected to flock scrapyards around the world, in order to take advantage of attract ...
Friday, 23 September 11
PANAMAX EXPERIENCED A SOFTENING IN RATES - FEARNLEYS AS
Handy
Still a good boost of fresh cargoes entering the market. Vessels in Black Sea with GOA clearance and Baltic positions are fetching tick abov ...
Wednesday, 21 September 11
INDIA'S COAL IMPORTS FROM INDONESIA FALL, CHINA BUYS MORE
COALspot.com - Indian coal imports from Indonesia fall to below 6 million tons in August, and this fall was continuing last few months. Ho ...
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- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- London Commodity Brokers - England
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- PTC India Limited - India
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
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