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Sunday, 10 February 13
HIGHER BUNKER PRICE PUSHES SEA FREIGHTS FIRM - REDDY
COALspot.com - The freight market was soft and all at same levels with Chinese year holidays next week.
The BDI was slightly down by 0.27 pct ad closed at 748 points. However the cape and panamax indices were slightly up and closed at 1461 points (up by 0.48 pct) and 723 points (up by 8.89 points) respectively. The Supramax and handy size indices closed at 669 points (down by 1.91 pct) and 421 points (down by 6.24 pct) respectively. The freight market expected to be soft to flat next week with expected less activity due to Chinese New year holidays.
The freight rates from Indonesia to India was soft and ships were being fixed at around US$ 7000 + ballast bonus US$ 70,000 arrival Kalimantan. However the bunker prices have been firming up and is around US$ 660 pmt (380 cst) which is keeping the freight rates firm.
The iron ore demand seems to be good and the prices holding up with indication that cape and panama index remaining positive. The coal demand from India seems to have picked up and likely to be firm coming weeks.
The average charter rates was at Cape / US$ 7,344 per day , Panamax / US$ 5,748 per day , Supramax / US$ 6,995 per day and Handy size / US$ 6,281 per day.
The futures for three years (2013-2015) was at around Cape / US$ 13,500 per day, Panamax / US$ 8,500 per day, Supramax / US$ 9,250 per day and Handy size/US$ 8,000 per day.
The supramax index in the far east (S8 route) was soft and fell 3.07 pct closing at US$ 5,743 per day (last week US$ 5,925 per day) .The route S7 was also fell 1.38 pct closing at US$ 3,933 per day (Last week US$ 3,988 per day) . The freight market in this sector is expected to be steady / soft this week.
The congestion in EC Australia was at 79 vessels this week (last week 85 vessels). The vessels waiting at main coal loading ports were at Hay point / 4, DBCT / 11, Gladstone / 36, Abbot Point / 1, New Castle / 19, Port Kembla / 8 vessels.
The Brent crude oil prices was slightly up by 3.07 pct and closed at US$ 118.90 per barrel (last week US$ 116.76 per barrel). The bunker prices was up by almost US$ 20 pmt and closed at US$ 660.50 pmt (IFO 380 cst ex Singapore on 8th Feb 2013).
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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Friday, 15 February 13
2ND ANNUAL INDONESIA MINING 2013 CONFERENCE
Bringing Indonesia's Mining Stakeholders Together Towards Improving Mining Investment Climate & Operations
Following the success of th ...
Friday, 15 February 13
SCRAPPING TO RISE AS BULKER OWNERS SUFFER - DREWRY MARITIME RESEARCH
Drewry's latest Dry Bulk Forecaster report suggests that cash-strapped shipowners will scrap younger and younger ships this year as the dry bulk ma ...
Thursday, 14 February 13
HANDY: ATLANTIC "STABLE"; PACIFIC "QUIET" - FEARNLEYS
Handy
The Atlantic remain stable with rates for FH from USG around USD 18k. The Pacific remains quiet due to Chinese New Year holidays. Rates were ...
Thursday, 14 February 13
BIMCO FORECASTS MOSTLY HIGHER DRY BULK RATES FOR THE COMING WEEKS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Higher steel demand is expected to keep dry bulk rates elevated during the next six weeks, according to the latest BIMCO forecast. The Organization ...
Wednesday, 13 February 13
6TH ANNUAL CBM CONFERENCE
The 6th Annual CBM conference which will be held in Singapore on 18-21 June 201 offers comprehensive insights into leading CBM projects in the Asia- ...
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- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Carbofer General Trading SA - India
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- PTC India Limited - India
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
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