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Sunday, 27 May 12
THE FREIGHT MARKET FROM INDONESIA TO INDIA WAS WEAK - VISTAAR
COALspot.com - The BDI continued to fall for the fourth straight week and the BDI fell by 9.38 pct this week closing at 1,034 points.
The Cape Size and Panamax index also fell by 12.80 pct (closing at 1,424 points) and 15.00 pct (1,083 points) respectively. The Supramax and Handy size index saw a slight increase and closed at 1,118 points (up by 0.90 pct ) and 651 points (up by 1.88 pct) respectively.
The freight market from Indonesia to India was weak and few spot vessels seen looking for employment. The spot fixture rates for Supramax in SE Asia remained weak with vessels trading around US$ 7,500 delivery South China. Short period rate for Supramax reported around US$ 10,500 - 11000 per day and for Panamax around US$ 8,500 delivery Far East.
Iron ore price and steel prices were at the lowest in last six months and show a weak steel demand. The iron ore movement will remain a very important factor for bulk trade as it accounts for about 30 pct of seaborne trade on capsize vessels. Uncertain outlook for steel demand and fall in iron ore prices is a worrying factor.
The average charter rates was at Cape/US$ 6426 per day , Panamax / US$ 8633 per day , Supramax / US$ 11,694 per day and Handy size/US$ 9,702 per day.
The futures for three years (2012-2015) was at around Cape/US$ 15,000 per day, Panamax / US$ 10,500 per day, Supramax / US$ 10,500 per day , Handy size/US$ 9,000 per day.
The supramax index in the feast (S8 route) was down by 23.45 pct and closed at US$ 7,136 per day (last week US$ 9323 per day) and S7 route was down by 15.51 pct and closed at US$ 7,055 per day (last week US$ 8,350 per day) . Both routes likely to be soft next week.
The congestion in EC Australia was at 78 vessels this week (last week 69 vessels). The vessels waiting at main coal loading ports were at Haypoint / 4, DBCT/7, Gladstone/12, Abbot Point/3, New Castle/36, Port Kembla / 15 vessels. On the WC Australia iron ore vessels waiting was at 34 vessels (last week 31 vessels).
The Brent crude oil prices remained almost at same levels as last week and closed at US$ 106.78 per barrel(last week US$ 106.88 per barrel) and bunkers prices also remained soft closing at US$ 653.50 pmt (last week US$ 648.00 pmt)for IFO 380 cst ex Singapore on 25th May 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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Saturday, 12 May 12
THE SHIPPING MARKET IS UNLIKELY TO SEE A REBOUND ANYTIME SOON - VISTAAR SINGAPORE
COALspot.com - The BDI softened this week and it was down by 1.64 pct closing at 1,138 points.
The cape index was up by 2.41 pct closing at 1,61 ...
Friday, 11 May 12
POLITICAL CHANGES COULD LEAD TO TEMPORARY HALT IN SHIPPING INVESTMENTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The potential of changes of political leadership in many of the world’s leading economies could very well lead to significant shifts in the di ...
Thursday, 10 May 12
DRY BULK ERRATIC ON LACK OF DIRECTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept up its erratic behavior as it went down again during yesterday’s session, on a lack of direct guidance in terms o ...
Wednesday, 09 May 12
COAL INDIA SIGNS FSAS WITH 13 POWER UNITS SO FAR - PTI
Press Trust of India has reported that, coal India has so far entered into fuel supply pacts with 13 power units, including Reliance Power's Rosa P ...
Tuesday, 08 May 12
DRY BULK MARKET LOOKING FOR NEW DIRECTION THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the BDI (Baltic Dry Index) the main benchmark of the dry bulk shipping industry not traded at the start of this week, traders, charterers and s ...
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Showing 4731 to 4735 news of total 6871 |
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- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- PTC India Limited - India
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Central Electricity Authority - India
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- White Energy Company Limited
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- Australian Coal Association
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
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