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Sunday, 09 December 12
LOW DEMAND PUSHES CHARTER RATES TOWARDS DOWN - VISTAAR
COALspot.com - The freight market has softened and BDI, The Baltic Dry Index, a measure of shipping costs for dry bulk goods, plunged below 1000 points on Friday closed at 966 points (down by 12.67 pct).
The Baltic Dry Index is issued daily by the UK-based Baltic Exchange, and has been in existence since 1744. It tracks the worldwide international shipping prices of major raw materials and dry bulk cargoes by sea, including grain, iron ore, coal and other fossil fuels. The BDI measures the shipping costs of these raw materials for four different sizes of merchant vessels on 26 different geographic routes and averages them into one index.
The cape index has also dropped by 1.67 pct and closed at 1832 points. The Panamax also continued to fall this week closed at 936 points . The supramax and handy size index was almost at same levels down by less than 1 pct closing at 760 points and 470 points respectively.
The charter rates dropped towards second half of the week due to drops in demand. The Freight market likely to be soft next week too.
The average charter rate for Cape was around US$ 12,066 per day , Panamax was at around US$ 7441 per day this week. In the meantime Supramax was at US$ 7,947 per day and Handy size US$ 6,589 per day.
The futures for three years (2013-2015) was at around Cape / $14000 per day, Panamax $ 9,500 per day, Supramax $ 9,500 per day and Handy size$ 8000 per day.
The supramax index in the far east (S8 route) was down by 3.36 pct and closed at $ 9770 per day (last week it was at $ 10110 per day). The route S7 was also down by 1.46 pct closed at $ 5725 per day (last week was at $ 5810 per day) . The market seems to be weak this week and the freights from Indonesia to India also to be soft next week.
The congestion in EC Australia increased to 79 vessels this week (last week 67 vessels). The vessels waiting at main coal loading ports were at Haypoint/4, DBCT/17, Gladstone/17, Abbot Point/2, New Castle/33, Port Kembla/2 vessels.
The Brent crude oil prices was down by 3.59 pct and closed at $ 107.16 per barrel (last week $ 111.15 per barrel). The bunker prices closed higher at $ 595.00 (last week $ 600.50 pmt) for IFO 380 cst ex Singapore on 6th Dec 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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Tuesday, 18 December 12
NEWCASTLE PORT IN AUSTRALIA SHIPPED 20.19 PERCENT MORE COAL W/E 17 DECEMBER 2012
COALspot.com - Newcastle port in Australia has loaded 3,269,640 MT of thermal and coking coal for week ended 0700 hours 17 December 2012, Newc ...
Monday, 17 December 12
SHIP PRICES TO BOTTOM OUT IN 2013 SAYS GEORGE D. GOURDOMICHALIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship values especially in older tonnage, or even modern vessels with poor quality are expected to fall further during 2013, with the market as a who ...
Monday, 17 December 12
SYNERGISING WITH PIONEERS TO DEVELOP TOMORROW'S LATIN AMERICAN RAILWAYS
Press Release: Brazil being one of the largest country in South America has one of the most dynamic rail markets in the world. Rail transport in Bra ...
Sunday, 16 December 12
FREIGHT TREND SOFTENED THIS WEEK - VISTAAR
COALspot.com - The freight market further softened this week and closed at 784 points (down by 18.84 pct). The cape index had the biggest fall ...
Friday, 14 December 12
GMR GROUP OF INDIA TO IMPORT 100K MT OF 4800 GAR COAL
COALspot.com: GMR Group of India to invite bids for 100,000 Metric Tons of imported non coking coal to be delivered during January and February 2013 ...
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- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wood Mackenzie - Singapore
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- SMC Global Power, Philippines
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- White Energy Company Limited
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Central Electricity Authority - India
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Mercator Lines Limited - India
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