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Saturday, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY
 COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been forced to fix at low numbers. The trend may continue at least until next week till the Chinese New year holidays are over.
BDI INDEX
The BDI dropped by 144 points by 5 pct and closed at 2,571 points. The cape index dropped by 215 points by 6 pct and closed at 3,259 points. The Panamax dropped only by about 4 pct this week compared to 8 pct last week and was down by 113 points and closed at 3,141 points. The Supramax index dropped by 108 points by 5 pct and closed at 2,048 points.
The handy size index dropped by 18 points by about 2 pct and closed at 1,038 points.
CHARTER HIRE
The average charter hire was at Cape US$ 29,649 per day, Panamax US$ 21.,412 per day, Supramax US$ 21,112 per day and Handy size US$ 15,169 per day.
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“Short period rates for Supramax was around US$ 21,000 – 22,000 per day for vessels opening Far East / SE Asia” - Vistaar Shipping
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The Supramax index in the Far East (S6 route) continued to softened and was down by US$ 1,572 per day and closed at US$ 14,998 per day. Next week also would continue to be soft because of Chinese new year holidays . The ECI/China (S7) route was almost at same levels with a drop of only US$ 528 per day and closed slightly lower at US$ 25,335 per day mainly.
Short period rates for Supramax was around US$ 21/22000 per day for vessels opening Far East/SE Asia. Supramax charter rates for one year is around US$ 19000 per day.
THREE YEARS FUTURE
The futures for three years (2010-2012) remained unchanged and was at around Cape US$ 28,000 per day, Panamax US$ 18,500 per day, Supramax US$ 15,500 per day, Handy size US$ 12,500 per day.
PORT CONGESTION
The congestion at Australian ports in the EC for coal loading continued to be high at 148 vessels (last week 148 vessels), which is highest in 3 yrs. The congestion increased due to bad weather. The number of vessels waiting at DBCT and Newcastle was around 60 vessels. The waiting at DBCT was around 30 days , Hay point and Gladstone 10-12 days and Newcastle about 16 days. On the WC Australia iron ore vessels waiting was same as last week at 22 vessels (last week 25 vessels). The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
CRUDE
The crude prices firmed up this week and the Brent crude prices was at US$ 72.90 per barrel (last week US$ 70.23 per barrel). The prices of bunkers also was up at US$456 pmts (IFO 380 cst ex Singapore) on 12th Feb 2010.
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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Thursday, 04 February 10
NO AMDAL, NO COAL MINING IN KALIMANTAN: MINISTRY
To prevent further environmental damage, the government has said it would revoke the licenses of mining firms operating in Kalimantan that do not ha ...
Thursday, 04 February 10
ANTICIPATING DOMESTIC COAL DEMAND
Indonesia has an abundant amount of coal reserves, which in 2008 is estimated at 7,12 billion tones. Coal production in 2008 reached 231,18 mi ...
Wednesday, 03 February 10
CHINA'S MAIN COAL PRICES FALL AS WINTER DEMAND EASES
Weekly coal prices at China's Qinhuangdao port, a benchmark in the world's biggest producer and consumer of the fuel, fell for the first time in s ...
Wednesday, 03 February 10
NEWCASTLE COAL EXPORTS RISE 3%; SHIP QUEUE SHORTENS
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, increased 3 percent last week while the ...
Wednesday, 03 February 10
INDONESIA BUKIT ASAM SEES DOUBLE DIGIT 2010 REV GROWTH
* 2009 net profit rose an estimated 50 pct
* Sees opportunities for overseas acquisitions
Indonesian state-owned coal miner Bukit Asam saw 2009 ...
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Showing 6031 to 6035 news of total 6871 |
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- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Planning Commission, India
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Goldman Sachs - Singapore
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Thai Mozambique Logistica
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
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