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Sunday, 26 February 12
THE FREIGHT RATES FOR INDONESIA TO INDIA IS LIKELY TO BE FIRM FOR NEXT 2/3 WEEKS - VISTAAR
COALspot.com – “There was not much change in the BDI and other indices this week except for the Panamax which was down by 11.91 pct”, capt. Reddy Said.
He further said, “however the market in SE Asia for Supramax was firm with spot charter rates firm and the reason could be shortage of tonnage and excess demand”.
The BDI was up only by 1 point closing at 718 points and the Cape index was up 43 points closing at 1504 points. The Panamax index continued to fall and was down by 113 points closing at 836 points. The supramax index was marginally up by 4 points closing at 662 points and the Handy size index was up by 13 pct closing at 395 points.
The spot fixture rates for Supramax in SE Asia was firm for trips to India and China. The reason seems to be lack of tonnage and need to watch if the momentum will be maintained over next few weeks. Vessel delivery SE Asia for trip to India was reported around US$ 13,000 per day and delivery South China was reported around US$ 9,000-9,500 per day. The bunkers Prices also was firm with Brent crude touching US$ 125 per barrel. It seems the freight rates for Indonesia to India is likely to be firm for next 2/3 weeks.
The Chinese iron ores prices have gone up showing increased demand and will have to watch whether the prices would hold. However the stock position still remains high at around 98 mill tons.
The average charter rates was at Cape/US$ 5699 per day , Panamax/ US$ 6,705 per day , Supramax/ US$ 6,920 per day and Handy size/ US$ 5,980 per day.
The futures for three years (2012-2014) was at around Cape/ US$ 16,500 per day, Panamax/ US$ 11,500 per day, Supramax/ US$ 11,000 per day , Handy size/ US$ 8,500 per day.
The supramax index in the feast (S6 route) was up by 10.28 pct and closed at US$ 7,565 per day (last week US$ 6,860 per day) and S7 route was up by 8.66 pct and closed at US$ 6,609 per day (last week US$ 6,082 per day) . S6 and S7 route likely to be firm next week.
The congestion in EC Australia increased to 91 vessels this week(last week 101). The vessels waiting at main coal loading ports were at Hay point/3, DBCT/16, Gladstone/16, Abbot Point/2, New Castle/42, Port Kembla/12 vessels. On the WC Australia iron ore vessels waiting was at 49 vessels (last week 69).
The Brent crude oil prices was up by 4.76 pct closing at 125.27 per barrel(last week US$ 119.58 per barrel) and bunkers prices closed at US$ 741.00 pmt (last week US$ 738.50 pmt) for IFO 380 cst ex Singapore on 24th Feb 2012.
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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Sunday, 19 February 12
THE SPOT FIXTURE RATES WERE REPORTED AT HIGH LEVELS - VISTAAR
COALspot.com - "The markets seems to holding back this week appears the momentum which picked up last week may slow down" - Capt. Reddy of ...
Sunday, 19 February 12
INDIKA ACQUIRES MULTI TAMBANGJAYA - INSIDER STORIES
Insider Stories reported that, PT Indika Energy Tbk (INDY) announced that wholly-owned subsidiaries have signed a conditional sale and purchase agre ...
Friday, 17 February 12
COLOMBIA COAL PRODUCTION, EXPORTS JUMP IN 2011: GOVT - COLOMBIA REPORTS
Colombia Reports reported that, colombia's coal production jumped 15.4% in 2011 to 85.8 million tonnes versus the previous year while exports rose ...
Thursday, 16 February 12
GEARING UP FOR THE EMERGING OIL & GAS OPPORTUNITIES IN MYANMAR
Press Release - Myanmar Ministry of Energy and Centre for Management Technology (CMT) to Co-host MOGP (Myanmar Oil, Gas & Power) Summit on 28 - ...
Wednesday, 15 February 12
HBA FOR FEB 2012, CLIMBS 2.09 PERCENT AND REACHED US$ 111.58 PER TON
COALspot.com - The Indonesian coal reference price for February climbs 2.09 percent to US$111.58 per ton after losing past three months. ...
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- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- The University of Queensland
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Eastern Energy - Thailand
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- White Energy Company Limited
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- ASAPP Information Group - India
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- Central Java Power - Indonesia
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
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