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Saturday, 21 July 12
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market was soft this week as all the segments were down.
The BDI was down by 6.58 pct closing at 1,037 points and the cape index was down by 3.33 pct closing at 1,276 points. The Panamax index was also down by 3.83 pct closing at 1,156 points and supramax index was down by 7.38 pct closing at 1,192 points. The handy size index also down by 5.05 pct closing at 657 points.
The market is expected to be flat to soft next week also.
The Supramax freight market was steady from Indonesia to India and vessels were rating around US$ 9,000 delivery South China for trip to India. Short Period charter rates for Supramax was around $10,500 per day and for Panamax was around US$ 9,500 per day. The freight rates are expected to be flat to soft next week.
The average charter rates were at Cape/US$ 5,342 per day , Panamax/US$ 9,219 per day , Supramax/US$ 12,459 per day and Handy size/US$ 9,519 per day.
The futures for three years (2012-2015) were at around Cape/US$ 15,000 per day, Panamax/US$ 11,000 per day, Supramax/US$ 11,000 per day , Handy size/US$ 9,250 per day.
The supramax index in the far east (S8 route) was down by 5.85 pct and closed at US$ 8,700 per day (last week it was at US$ 9241 per day) and S7 route was down by 4.97 pct and closed at US$ 6766 per day (last week it was US$ 7120 per day) . Both routes are likely to be soft next week.
The congestion in EC Australia was at 66 vessels this week (last week 74 vessels). The vessels waiting at main coal loading ports were at Haypoint/5, DBCT/19, Gladstone/3, Abbot Point/2, New Castle/35, Port Kembla/Nil vessels. On the WC Australia iron ore vessels waiting was at 39 vessels (last week 35 vessels).
The Brent crude oil prices firmed up during the week , however there was signs of slight softening closing of the week. The Brent crude was up by 3.78 pct and closed at US$ 106.63 per barrel (last week US$ 102.75 per barrel). The bunker prices also firmed up closing at US$ 637.50 (last week US$ 601.50 pmt) for IFO 380 cst ex Singapore on 20th July 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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Monday, 25 June 12
RIO TINTO MAKES FIRST COAL SHIPMENT FROM MOZAMBIQUE
Rio Tinto has started exporting premium hard coking coal from its Benga Mine in the Moatize Basin in Mozambique. The first shipment of 34,000 tonnes ...
Sunday, 24 June 12
SUPRAMAX FREIGHT MARKET FIRMED UP FROM INDONESIA TO INDIA - VISTAAR
COALspot.com - This week all the segments gained and marked was firm in the Supramax and Handy size sector, where as the Cape and Panamax inde ...
Saturday, 23 June 12
COAL PRICES APPETITE FOR ROLLER-COASTER RIDES
COALspot.com - SGX AsiaClear OTC Coal Swaps have suffered something of a roller-coaster ride in terms of prices during this week. SGX’s Indone ...
Friday, 22 June 12
PRESENT SPOT WEAKNESS IS TEMPORARY, SEASONAL AND RISE AS WINTER APPROACHES - BUMI
COALspot.com - PT Bumi Resources Tbk, the world’s one of the largest coal producer and Indonesia’s largest multi grade coal miner has no ...
Friday, 22 June 12
GLOBAL ACTION NEEDED ON ENERGY POVERTY - WORLD COAL
Eradicating energy poverty is possibly the biggest challenge facing the world today. Like climate change it can only be addressed with a concerted g ...
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- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- PTC India Limited - India
- Deloitte Consulting - India
- Planning Commission, India
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Minerals Council of Australia
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Mjunction Services Limited - India
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
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