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Saturday, 17 December 11
THE FREIGHT MARKET SEEMS TO HAVE ALMOST BOTTOMED OUT AND MAY REMAIN STEADY AT THESE LEVELS CAPT REDDY
COALspot.com - The BDI and Cape index closed lower this week with BDI closing at 1,888 points (down by 1.76 pct) and Cape index at 3,572 points (down by 3.38 pct).
However the Panamax index was up by 3.62 pct closing at 1,775 points. The Supramax and handy size index closed lower this week and was down by 3.00 pct closing at 1,193 points and 2.32 pct respectively closing at 588 points respectively.
"The freight market seems to have almost bottomed out and may remain steady at these levels," said Capt. reddy, Director of Vistaar Shipping SIngapore..
Supramax delivery N. China for trips via Indonesia were reported around $ 7,000 per day. Short Period charter rates for Panamax and Supramax was around $ 12,500 per day.
The average charter rates was at Cape/$ 31,480 per day , Panamax/$ 14,183 per day , Supramax/$ 12,476 per day and Handy size/$ 8,425 per day.
The Supramax index in the feast (S6 route) was down by 0.89 pct and closed at $ 6,565 per day (last week $ 6,624 per day). The EC India/China (S7 route) was also down by 0.25 pct and closed at $ 6,783 per day (last week $ 6,800 per day). The S6 and S7 route likely to remain soft next week.
The futures for three years (2011-2013) was at around Cape/$ 17,500 per day, Panamax/$ 13,000 per day, Supramax/$ 12,500 per day , Handy size/$ 9,500 per day.
The congestion in EC Australia decreased to 117 vessels this week (last week 122 vessels). The vessels waiting at main coal loading ports were at Hay point/5, DBCT/15, Gladstone/11, Abbot Point/4, New Castle/70, Port Kembla/9 vessels. On the WC Australia iron ore vessels waiting slightly increased to 34 vessels (last week 27 vessels).
The Brent crude oil prices was down by 4.64 pct and closed at $ 103.83 per barrel (last week $ 108.88 per barrel). Bunker prices was also soft and closed at $ 647.50 pmt (last week $ 650.50 pmt) for IFO 380 CST ex.Singapore on 16th Dec 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, 29 December 11
NEW VESSELS DELIVERED ARE FLOODING THE OCEANS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As expected 2011 has been the year that newbuilding deliveries peaked and kept "flooding" the market, thus supressing freight rates and er ...
Tuesday, 27 December 11
MINERS MAKE CASE FOR RESUMING CONTRACT NEGOTIATIONS - THE JAKARTA POST
The Jakarta Post reported that, problems with the renegotiation of mining contracts in the country are far from over, as agreements on several cruci ...
Tuesday, 27 December 11
COAL SHIPMENT OF TIANJIN PORT REACHED 6.72 MLN TONNES IN NOVEMBER - STEEL HOME / HELLENIC SHIPPING
Tianjin port shipped 6.72 million tonnes of coal in November, decreasing 600,000 tonnes versus 7.32 million tonnes in October, while up 21.09% or 1. ...
Tuesday, 27 December 11
NEW CLAUSE PUBLISHED FOR SLOW STEAMING - BIMCO
Many owners and operators faced with high bunker prices are considering implementing slow steaming regimes to save fuel and to assist with capacity ...
Monday, 26 December 11
NEW EXPORT TAX PLAN GREETED WITH PRAISE AND CRITICISM - THE JAKARTA POST
The Jakarta Post, one of the Indonesia's leading english news paper reported that, both praise and criticism showered the government’s plan t ...
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Showing 4911 to 4915 news of total 6871 |
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- The Treasury - Australian Government
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- PTC India Limited - India
- Planning Commission, India
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Globalindo Alam Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
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