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Sunday, 09 October 11
FREIGHT MARKET ENDED WITH A POSITIVE DIRECTION - VISTAAR
COALspot.com - The market ended with a positive note with all the segments up except for handy size. The biggest gainer was Panamax index up by 11 pct. The BDI was up by 5.32 pct and closing at 2,000 points and Cape index up by 2.61 pct and closing at 3,218 points. The panamax index closed at 1,913 points and the Supramax index was up by 2.27 pct and closing at 1,533 points. However the handy size index was down by 3.51 pct closing at 714 points.
The short period rates for Supramax and Panamax remained firm. The freight rate from Indonesia to India remained firm with charter rates for vessels delivery South China around US$ 15,000 per day. The Panamax short period rates were reported around US$ 13,000 per day.
The India to Feast market iron ore movement remained weak. The coal imports to India seems to be steady.
The average charter rates was at Cape/US$ 27,876 per day , Panamax/US$ 15,326 per day , Supramax/US$ 16,028 per day and Handy size/US$ 11,270 per day.
The Supramax index in the feast (S6 route) was down by 11.22 pct and closed at US$ 13,474 per day (last week US$ 13,627 per day). The EC India/China (S7 route) was down by 2.95 pct and closed at US$ 11,015 per day (last week US$ 11,350 per day). The S6 and S7 route likely to remain soft.
The futures for three years (2011-2013) was at around Cape/US$ 16,000 per day, Panamax/US$ 14,000 per day, Supramax/US$ 14,000 per day , Handy size/US$ 10,500 per day.
The congestion in EC Australia increased to 78 vessels this week (last week 87 vessels). The vessels waiting at main coal loading ports were at Hay point/2, DBCT/17, Gladstone/21, Abbot Point/Nil, New Castle/39, Port Kembla/4 vessels. On the WC Australia iron ore vessels waiting was at 44 vessels (last week 38 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 up by 3.51 pct and closed at US$ 105.82 per barrel (last week US$ 102.23 per barrel). Bunker prices almost remained at same levels and closed US$ 642.50 pmt (last week US$ 643.50 pmt) for IFO 380 cst ex Singapore on 7th Oct 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, 16 June 11
FREIGHT MARKET FAILS TO RECOVER - DREWRY / HELLENIC SHIPPING
With demand failing to improve enough to contain the colossal increases in supply, the dry bulk freight market stayed near the dreadfully low levels ...
Thursday, 16 June 11
VALLAR CONTROLS 84.7 PERCENT STAKE IN BERAU COAL - INSIDER STORIES
Insider Stories reported that, London-based investment company Vallar Plc, via its subsidiary dubbed Vallar Investments UK Limited, today announced ...
Wednesday, 15 June 11
INDONESIA NEW COAL POLICY WORRIES INDIA POWER FIRMS - MYDIGITALFC
Tata Power, Adani group, Lanco Infratech and Reliance Power, among other Indian coal importers, are waiting to assess the impact of the Indonesian g ...
Wednesday, 15 June 11
BAYAN RESOURCES OWNS 56 PERCENT KANGAROO - INSIDER STORIES
Australia-listed coal miner Kangaroo Resources Limited (KRL) has obtained final approval from its shareholders to complete its US$277 million acquis ...
Wednesday, 15 June 11
DRY BULK MARKET WEAKENS AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Despite this time of year traditionally being one of the busiest for the dry bulk market, it seems that in the post-crisis era trade patterns are co ...
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- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Commonwealth Bank - Australia
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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