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Sunday, 18 September 11
THE COAL IMPORTS TO INDIA, OUT OF INDONESIA LIKELY TO PICK UP - CAPT. REDDY
COALspot.com - The freight market continued the upward trend until midweek almost touching 2,000 points, however towards second half of the week the Cape index lost steam and closed 5.56 pct lower at 3,008 points and the BDI closed at 1814 points down by 1.30 pct. The Panamax and Supramax index gained by about 3 pct and closed at 1746 points and 1446 points respectively. The handy size index closed about 1 pct lower at 677 points.
The short period rates remained firm and Supramax vessels reported fixed around US$ 14,500 per day. Also the charter rates for Indonesia to India was firm with charter rates for vessels delivery SE Asia ranging from US$ 16,000-19,000 per day.
The Panamax short period rates were reported around US$ 14,000 per day.
“The India to Far East market iron ore movement remained weak. The coal imports to India out of Indonesia likely to pick up in next few weeks”, Says, Capt. Reddy, MD of Vistaar Singapore.
The average charter rates was at Cape / US$ 24,739 per day , Panamax / US$ 14,014 per day , Supramax / US$ 15,125 per day and Handy size / US$ 10,070 per day.
The Supramax index in the feast (S6 route) was up by 4.60 pct and closed at US$ 12,958 per day (last week US$ 12,387 per day). The EC India/China (S7 route) was up by 4.20 pct and closed at US$ 11,362 per day (last week US$ 10,904 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$ 14,000 per day, Supramax / US$ 13,500 per day , Handy size / US$ 10,250 per day.
The congestion in EC Australia increased to 60 vessels this week (last week 67 vessels). The vessels waiting at main coal loading ports were at Hay point/Nil, DBCT/19, Gladstone/16, Abbot Point/1, New Castle/21, Port Kembla/2 vessels. On the WC Australia iron ore vessels waiting was at 29 vessels (last week 28 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 was almost at same levels and closed at US$ 112.12 per barrel (last week US$ 112.56 per barrel). Bunker prices was up and closed at US$ 674.50 pmt (last week US$ 668.00 pmt) for IFO 380 CST ex Singapore on 16th 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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Wednesday, 05 October 11
WITH CHINA ON HOLIDAY, DRY BULK MARKET REMAINS STAGNANT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has remained to healthy levels after last month’s rally, but with China going on holiday this week, things are looking sta ...
Tuesday, 04 October 11
INDONESIA RAISES COAL BENCHMARK (HBA) FOR FIRST TIME IN 4 MONTHS
COALspot.com - Indonesia raised the monthly reference price for sales in October by 2.56 percent, the first increase since June.
The Ministry of ...
Tuesday, 04 October 11
COAL MINING GROUP WANTS EXPORT TAX, NOT EXCISE - JG
One of the leading English news paper in Indonesia, The Jakarta Globe reported that, the government shall reimpose a duty on coal exports, classifyi ...
Sunday, 02 October 11
INDIAN COAL IMPORTS PICKED UP - CAPT. REDDY
COALspot.com - The BDI dropped by 1 pct and Cape index dropped by 6 pct closing at 1,899 points and 3,136 points respectively. However all other seg ...
Saturday, 01 October 11
2012 TO BE ANOTHER CHALLENGING YEAR - CEO, REMI MARITIME
Shipowners are facing another challenging year in 2012 said Mr. Leonidas Polemis CEO of Remi Maritime Corporation, urging caution towards operating ...
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- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- PTC India Limited - India
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- White Energy Company Limited
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- The University of Queensland
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
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