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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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Wednesday, 26 December 12
SHIP OWNERS WRAP UP NEWBUILDING DEALS PRIOR TO YEAR END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As the year inches closer and closer to its end, many ship owners are looking to close deals for newbuilding vessels they have been negotiating duri ...
Monday, 24 December 12
CONSTITUTIONAL COURT DECISION MAY FURTHER DELAY THE ISSUANCE OF NEW MINING BUSINESS LICENCES - TJEN SHE SIUNG
COALspot.com - In November 2012 the Constitutional Court of Indonesia issued a decision on amendments to certain provisions under the Mining Law No. ...
Monday, 24 December 12
BUNKER PRICES TO CONTINUE RISING, ALBEIT IN A SLOWER MODE, DURING THE NEXT FEW YEARS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEW
In a recent report, US-based consulting firm Mcquilling Services attempted to forecast the course of bunker prices during the next few years, as thi ...
Sunday, 23 December 12
Q4' 2013 CFR SOUTH CHINA COAL SWAP, US$ 3.40 HIGHER COMPARED TO Q1' 2013 PRICE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery gained 1.94 percent M-M and WoW by 1.57percent but lost 0.35 ...
Saturday, 22 December 12
SECOND HAND VESSELS ENJOY HIGH DEMAND AS PRICES ARE ATTRACTIVE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the fact that the year is closing to its end, activity in the second hand vessel market has been more than high. Ship owners are looking to ...
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- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- The University of Queensland
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Planning Commission, India
- Economic Council, Georgia
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Pendopo Energi Batubara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Australian Coal Association
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
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