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Sunday, 03 June 12
FREIGHT MARKET CONTINUING ITS DECLINE
COALspot.com - The BDI continued to fall for the fifth straight week and the BDI fell by 2.57 pct this week closing at 904 points.
The Cape Size and Panamax index also fell by 8.85 pct (closing at 1,298 points) and 17.17 pct (897 points) respectively. The Supramax and Handysize index fell by 8.50 pct (closing at 1,023 points) and 4.61 points (closing at 621 points) respectively.
The freight market from Indonesia to India was weak and soft.
The spot fixture rates for Supramax in SE Asia remained weak with vessels trading around $ 7000 Indonesia with ballast bonus. Short period rate for Supramax reported around $ 9500 per day and for Panamax around $ 8500 delivery Far east.
The shipping market is expected to be weak in next coming weeks and at the moment the supply is more than the demand.
The average charter rates was at Cape/$ 4814 per day , Panamax/$ 7138 per day , Supramax/$ 10694 per day and Handysize/$ 9217 per day.
The futures for three years (2012-2015) was at around Cape/$ 14500 per day, Panamax/$ 10500 per day, Supramax/$ 10500 per day , Handysize/$ 9000 per day.
The supramax index in the feast (S8 route) was down by 30.38 pct and closed at $ 4,968 per day (last week it was at $ 7,136 per day) and S7 route was down by 21.33 pct and closed at $ 5,550 per day (last week $ 7,055 per day) .
Both routes likely to be soft next week.
The congestion in EC Australia was at 90 vessels this week (last week 78 vessels). The vessels waiting at main coal loading ports were at Haypoint/6, DBCT/8, Gladstone/11, Abbot Point/3, New Castle/50, Port Kembla/12 vessels. On the WC Australia iron ore vessels waiting was at 31 vessels (last week 34 vessels).
The Brent crude oil prices softened by 7.58 pct closed at $ 98.68 per barrel (last week $ 106.78 per barrel) and bunkers prices also softened closing at $ 611.00 pmt (last week $ 653.50 pmt) for IFO 380 cst ex Singapore on 1st June 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, 17 April 11
ADARO TO PROPOSE US$75 MILLION DIVIDEND
COALspot.com - One of Indonesia's largest coal miner PT Adaro Energy Tbk (ADRO) is keen to propose a final dividend of US$75 million or Rp 20.17 (U ...
Saturday, 16 April 11
TNPL RECEIVES 1.6MT OF COAL OFFERS - SOURCES
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. has closed its 160,000 MT coal inquiry today.
More than a half a dozen of Indian coal t ...
Friday, 15 April 11
DRY BULK MARKET KEEPS ON FALLING, ON LOW DEMAND AND HIGH SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its falling patern this week, with the industry’s benchmark, the Baltic Dry Index (BDI) retreating again yesterda ...
Thursday, 14 April 11
SUPRAS IN N.CHINA GET CLOSE TO $12000 FOR TRIPS VIA INDONESIA TO INDIA - FEARNBULK
Handy
The Atlantic market remains flat - very little new/fresh business and slow activity. Considerable prompt tonnage remains unfixed. The USG pa ...
Wednesday, 13 April 11
CAPESIZE VESSELS ARE DELIVERED AT A PACE OF ONE NEW VESSEL EVERY SECOND DAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a clear sign that it will take a significant rise in global seaborne dry bulk trade in order to be able to absorb the flurry of new building tonn ...
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- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Planning Commission, India
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Australian Coal Association
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