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Saturday, 19 December 09
THE FUTURES FOR 2010 - 2012 FIRMED UP COMPARED TO LAST WEEK AND WAS AT AROUND CAPE US$ 28,000 PER DAY - VISTAAR
COALspot.com (Singapore): The freight market continued to soften this week with major drop in the cape size index by almost 21 pct and Panamax , Supramax and Handysize softened only about 4-6 pct.
BDI INDEX
The BDI dropped by about 9 pct by 321 points and closed at 3,258 points. Seems that next week also the softening would continue mainly due to holidays. The index closed this week at Cape 4,566 points, Panamax 3,448 points, Supramax 2,322 points and Handysize 1,199 points.
The average charter hire was at Cape US$ 45,458 per day, Panamax US$ 27,674 per day, Supramax US$ 24,274 per day and Handysize US$ 17,432 per day.
The supramax index in the Far East (S6 route) softened by almost US$ 4,000 this week and was at US$ 19,600 per day. The ECI / China (S7) route was holding firm at US$ 26,133 per day .
Short period rates for Supramax was at US$ 21,000 per day for vessels opening Far East / SE Asia. Supramax charter rates for one year is around US$ 18000 per day.
3 YEARS FUTURES
The futures for three years (2010 - 2012) firmed up compared to last week and was at around Cape US$ 28,000 per day, Panamax US$ 17,000 per day, Supramax US$ 15,000 per day and Handysize US$ 11,500 per day.
The market is likely to be soft next week especially in the Far East / SE Asia sector.
The iron ore demand seems to be holding firm, however with the market soft on the feast sector it appears that the coal movement has reduced. Next two weeks the market may remain soft due to Christmas / New Year holidays.
PORT CONGESTIONS
The congestion at Australian ports in the EC for coal loading increased to 138 vessels, with maximum waiting at DBCT about 30 days and Newcastle about 20 days. On the WC Australia iron ore vessels waiting were around 20.
The waiting at Indian ports for coal vessels was around 6 / 7 days.
CRUDE OIL
The brent crude prices moved up to US$73.90 per barrel. The bunker prices during the week was soft and was as low as US$ 445 pmt (IFO 380 cst) ex singapore, however by Friday the prices moved up and was at US$ 464 pmt (IFO 380 cst) ex Singapore.
FREIGHT FORECAST
Click here for Vistaar’s forecasted (subject to terms & conditions) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
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Wednesday, 16 December 09
COAL MARKETS 2010 CONFERENCE - PRESS RELEASE
COALspot.com (Singapore) Press Release – Back for the 8th year, Coal Markets 2010 will be taking place in Singapore on 28 – 29 Jan ...
Wednesday, 16 December 09
CHINA 2010 COAL TERM PRICES SEEN RISING 8% ON YEAR
Term prices of thermal coal for 2010 in China are expected to rise about 8 percent from this year's levels, as demand for power has been roaring ba ...
Wednesday, 16 December 09
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL INTERESTS
Emerging coal producer Kangaroo Resources has significantly enhanced its production pipeline in Indonesia after reaching agreement to acquire a coki ...
Wednesday, 16 December 09
UAE'S RAS AL KHAIMAH TO INVEST $5.2B IN EAST KALIMANTAN PROJECT
Shrugging off neighbor Dubai’s debt problems, the smaller United Arab Emirate of Ras Al Khaimah announced on Tuesday that it would increase it ...
Wednesday, 16 December 09
COECLERICI EYES SECOND RUSSIA COAL MINE
* CEO says "seriously considering" mid-small size purchase
* Will use mine to increase exports to Asia
* Says delays at ports will not c ...
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- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Australian Coal Association
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
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