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Saturday, 21 July 12
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market was soft this week as all the segments were down.
The BDI was down by 6.58 pct closing at 1,037 points and the cape index was down by 3.33 pct closing at 1,276 points. The Panamax index was also down by 3.83 pct closing at 1,156 points and supramax index was down by 7.38 pct closing at 1,192 points. The handy size index also down by 5.05 pct closing at 657 points.
The market is expected to be flat to soft next week also.
The Supramax freight market was steady from Indonesia to India and vessels were rating around US$ 9,000 delivery South China for trip to India. Short Period charter rates for Supramax was around $10,500 per day and for Panamax was around US$ 9,500 per day. The freight rates are expected to be flat to soft next week.
The average charter rates were at Cape/US$ 5,342 per day , Panamax/US$ 9,219 per day , Supramax/US$ 12,459 per day and Handy size/US$ 9,519 per day.
The futures for three years (2012-2015) were at around Cape/US$ 15,000 per day, Panamax/US$ 11,000 per day, Supramax/US$ 11,000 per day , Handy size/US$ 9,250 per day.
The supramax index in the far east (S8 route) was down by 5.85 pct and closed at US$ 8,700 per day (last week it was at US$ 9241 per day) and S7 route was down by 4.97 pct and closed at US$ 6766 per day (last week it was US$ 7120 per day) . Both routes are likely to be soft next week.
The congestion in EC Australia was at 66 vessels this week (last week 74 vessels). The vessels waiting at main coal loading ports were at Haypoint/5, DBCT/19, Gladstone/3, Abbot Point/2, New Castle/35, Port Kembla/Nil vessels. On the WC Australia iron ore vessels waiting was at 39 vessels (last week 35 vessels).
The Brent crude oil prices firmed up during the week , however there was signs of slight softening closing of the week. The Brent crude was up by 3.78 pct and closed at US$ 106.63 per barrel (last week US$ 102.75 per barrel). The bunker prices also firmed up closing at US$ 637.50 (last week US$ 601.50 pmt) for IFO 380 cst ex Singapore on 20th July 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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Monday, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Rap ...
Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...
Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...
Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.
The cou ...
Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...
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- Port Waratah Coal Services - Australia
- Australian Coal Association
- ICICI Bank Limited - India
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Dalmia Cement Bharat India
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