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Saturday, 02 February 13
FREIGHT MARKET MAY REBOUND AFTER CHINESE NEW YEAR - VISTAAR
COALspot.com - The freight market was soft and all the indices were down by around 5-7 pct this week.
The BDI was down 6.01 pct closing at 750 points. The Cape index was also down by 4.34 pct closing at 1454 points . The panamax and supramax indices also fell and closed at 664 points ( down by 7.52 pct) and 682 points ( down by 4.08 pct) respectively. The handy size index also follows her big sisters down by 5.47 pct closed at 449 points.
The freight rates from Indonesia to India was soft and ships were being fixed at around US$ 7500 + ballast bonus US$ 75000 arrival Kalimantan.
The Iron ore demand seems to be good and the prices holding up. Also the coal demand seems to have picked and the prices are firming up. It appears the freight market could stabilize and firm up after Chinese New year. Hope, year of snake will move market to north direction.
The average charter rates were at Cape/$ 7329 per day , Panamax/$ 5257 per day , Supramax/$ 7135 per day and Handy size/$ 6707 per day.
The futures for three years (2013-2015) was at around Cape/$ 13500 per day, Panamax/$ 8500 per day, Supramax/$ 9250 per day and Handy size/$ 8000 per day.
The supramax index in the far east (S8 route) was soft and was down by 5.25 pct closing at $ 5925 per day(last week $ 6253 per day) .The route S7 was also down by 1.24 pct closing at $ 3988 per day (Last week $ 4038 per day) . The freight market in this sector is expected to be flat/soft this week.
The congestion in EC Australia was at 85 vessels this week (last week 72 vessels). The vessels waiting at main coal loading ports were at Hay point/3, DBCT/17, Gladstone/32, Abbot Point/6, New Castle/20, Port Kembla/5 vessels.
The Brent crude oil prices was slightly up by 3.07 pct and closed at $ 116.76 per barrel (last week $ 113.28 per barrel). The bunker prices was up by almost $ 20 pmt and closed at $ 648.00 pmt (IFO 380 cst ex Singapore on 1st Feb 2013).
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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 ...
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 ...
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- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Riau Bara Harum - Indonesia
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Planning Commission, India
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- PTC India Limited - India
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
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