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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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- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Australian Coal Association
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Ministry of Transport, Egypt
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- MS Steel International - UAE
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
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