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Saturday, 22 October 11
THE SHORT-PERIOD RATES FOR PANAMAX REMAINED FIRM - CAPT. REDDY
COALspot.com - "The market seemed to slow down a bit this week, and all sectors were down by about One to five percent", said Capt. Reddy, director of Vistaar shipping, Singapore.
The BDI was down by 0.92 pct and closed at 2,153 points, and Cape index was down by only 0.58 pct and closed at 3,566 points. The Panamax and Supramax index closed at 2,026 points(down by 2.78 pct) and 1,533 points (down by 3.83 pct) respectively. The biggest drop was in handysize which was down by about 6 pct and closed at 774 points.
Accordign to Vistaar Shipping, the short-period rates for Panamax remained firm at around US$ 15,000 per day. However, no short-period candidates reported on Supramax. The freight rate from Indonesia to India softened slightly.
The average charter rate was at Cape/US$ 27,876 per day , Panamax/US$ 15,326 per day , Supramax/US$ 16,028 per day and Handysize/US$ 11,270 per day.
The supramax index in the feast (S6 route) was down by 1.90 pct and closed at US$ 13,474 per day (last week US$ 13,736 per day). The EC India/China (S7 route) was also down by 1.28 pct and closed at US$ 11,015 per day (last week US$ 11,158 per day). The S6 and S7 likely to be steady/soft.
The futures for three years (2011-2013) was at around Cape/US$ 16,500 per day, Panamax/US$ 14,000 per day, Supramax/US$ 14,000 per day , Handysize/US$ 10,500 per day.
The congestion in EC Australia increased to 92 vessels this week (last week 79 vessels). The vessels waiting at main coal loading ports were at Haypoint/3, DBCT/22, Gladstone/15, Abbot Point/Nil, New Castle/43, Port Kembla/8 vessels. On the WC Australia iron, ore vessels waiting was at 44 vessels (last week 40 vessels).
The Brent crude oil price was up by 2.98 pct and closed at US$ 109.75 per barrel (last week US$ 112.73 per barrel). Bunker prices almost remained at same levels and closed US$ 674.50 pmt (last week US$ 680.00 pmt) for IFO 380 cst ex-Singapore on 14th 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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Monday, 22 August 11
MACRO ECONOMICS - PETER SAND BIMCO / HELLENIC SHIPPING
The US is jeopardising the global recovery as job creation remains top challenge across the board.
Global economy: While growth in most emerging ...
Sunday, 21 August 11
SUPRAMAX AVAILABILITY WAS TIGHT DUE TO UPCOMING RAMADAN HOLIDAYS
COALspot.com - The financial markets have been in turmoil with all major stock exchanges down and uncertainty prevails. However the shipping market ...
Sunday, 21 August 11
TUAH TURANGGA ACQUIRES DUTA NURCAHYA
Coal miner PT Tuah Turangga Agung, a wholly owned subsidiary of PT United Tractors Tbk (UNTR) via PT Pamapersada Nusantara), has agreed to acquire 6 ...
Friday, 19 August 11
INDIAS CICTL HAS ACHIEVED ONE MILLION TONS OF DISCHARGE
COALspot.com - Chettinad International Coal Terminal (CICTL) in Ennore port, a state of the art mechanized coal terminal, which was inaugurated on 28t ...
Friday, 19 August 11
AUSTRALIAS' ATH TO ACQUIRE 60% OF APUAH COAL MINE IN INDONESIA
COALspot.com - Australian listed company, Atech Holdings Limited (ATH) has entered into a conditional binding term sheet to acquire 60 percent stake ...
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- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indogreen Group - Indonesia
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- Planning Commission, India
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
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