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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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Tuesday, 08 November 11
COAL MINER ABM INVESTAMA PLANS $290M PUBLIC OFFERING - JG
The Jakarta Globe reported that, ABM Investama, an Indonesian coal miner controlled by the Hamami family, plans to raise as much as Rp 2.6 trillion ...
Monday, 07 November 11
CHINA'S COAL IMPORTS STEAM AHEAD
Chinese seaborne coal imports have grown greatly in recent years, up from 39.2mt in 2008 to 167.7mt in 2010, with the result that China became a net ...
Saturday, 05 November 11
DEMAND SLUMP THREATENS MORE PAIN FOR BULK VESSELS - VISTAAR
COALspot.com - The market continued to fall with BDI dropping below 2,000 points by around 10 pct and closing at 1817 points. The cape index also co ...
Saturday, 05 November 11
BERAU STARTS TO EXPLORE BINUNGAN SITE - INSIDER STORIES
Insider Stories reported that, coal miner PT Berau Coal, a 90% owned subsidiary of PT Berau Coal Energy Tbk (BRAU), is busy to hold exploration in B ...
Friday, 04 November 11
INDIAN IRON ORE MARKET REMAINS DEAD - FEARNLEYS
Handy
The Atlantic market kept its strong position from last week. Even with fewer fixtures reported. Fronthauls still around 25k, wit ...
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- Australian Coal Association
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- The University of Queensland
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Planning Commission, India
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
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