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Saturday, 01 December 12
TIGHT SUPPLY, DEMAND PUSH INDO-INDIA SUPRAMAX FREIGHT RATES HIGHER - VISTAAR
COALspot.com - The freight market was mixed this week as cape and Panamax indices are closing softer.
The BDI was down 0.37 pct closing at 1,086 points. The cape size index was down by 3.89 pct closed at 2,199 points. The panamax index was also fell by 3.26 pct closed at 980 points. However, the Supramax and Handy size indices were up closing at 766 points (up by 5.80 pct) and 448 points (up by 3.94 pct ) respectively.
The demand for vessels were good and availability of vessels in Fare East / SE Asia were also tight which kept the freight market up this week. Supramax freight from Indonesia to India was firm and the freight rates are expected to be steady to firm next week.
The average charter rates for cape size vessel around US$ 15,869 per day , Panamax around US$ 7,815 per day , Supramax US$ 8,005 per day and Handy size at US$ 6,605 per day.
The futures for three years (2013-2015) were at around US$ 14,000 per day for cape size, Panamax at US$ 9,500, Supramax at US$ 9,500 per day and Handy size at US$ 8,000 per day.
The supramax index in the far east (S8 route) was up sharply and closed at US$ 10,110 per day (last week it was at US$ 8,939 per day). The route S7 also up sharply and closed at US$ 5,810 per day (last week US$ 5,192 per day) .
Quite a lot of ships fixed for Indonesia with delivery India which indicates that the availability of ships was tight in SE Asia. Both routes likely to be firm next week.
The congestion in EC Australia increased to 67 vessels this week (last week 44 vessels). The vessels waiting at main coal loading ports were at Hay point/1, DBCT/17, Gladstone/13, Abbot Point/2, New Castle/32, Port Kembla/2 vessels.
The Brent crude oil prices was almost at same levels and closed at US$ 111.15 per barrel (last week US$ 111.39 per barrel). The bunker prices closed higher at US$ 600.50 (last week US$ 609.50 pmt) for IFO 380 CST ex. Singapore on 30th Nov 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, 31 December 12
"DISTRESSED", "ECO" AND "FINANCE" ARE THE THREE WORDS WHICH CHARACTERIZED 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2012 was yet another year of speculation, anticipation, pessimism and more speculation in the shipping markets. According to the latest weekly repor ...
Saturday, 29 December 12
SHIPBREAKING YARDS IN INDIA DEMOLISH A TOTAL OF 527 VESSELS IN 2012, BREAKING ALL PREVIOUS RECORDS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
India's ship demolition experts of Star Matrix contemplated this week on the issue of why ships in the range of 1,000 and up to 6,500 liquid tons ( ...
Thursday, 27 December 12
A LOOK AT WORLD TRADE PATTERNS DURING 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
While China's leaders are likely to stick with the 2012 economic growth rate of 7.5% when they chart a course for 2013 - its weakest pace since 199 ...
Thursday, 27 December 12
INDONESIA SHIPPED 33.578* MMT COAL IN NOVEMBER
COALspot.com: Indonesia, the world largest multi grade coal exporter has shipped 33.578* million tons of coal in November 2012. thi ...
Wednesday, 26 December 12
UPDATE ON EXPORT BAN ON RAW MINERALS AND ORE - RITA SUSANTO
COALspot.com - In May 2012, the Minister of Energy and Mineral Resources (“MoEMR”) in Regulation No.7 (“Reg-7”, amended by R ...
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- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- Australian Coal Association
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- CNBM International Corporation - China
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- PTC India Limited - India
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- Bhushan Steel Limited - India
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