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Sunday, 19 May 13
FREIGHT RATES TO REMAIN UNSTABLE AND VOLATILE - CAPT. REDDY
COALspot.com – The freight remained weak this week with all the segments down.
The BDI, the Baltic Dry Index is a number issued daily by the London-based Baltic Exchange was down by 4.86 pct and closed at 841 points week ended 17 May 2013. Cape index followed BDI and down by 4.05 pct closed at 1326 points. The panamax sector fell drastically (6.44 pct) closed at 930 points. The Supramax and Handymax was almost at same levels closing at 851 points (down by 1.73 pct ) and 553 points (up by 0.36 pct) respectively.
The iron ore market is on the downward trend indicating that the demand is slowing down. There is an another big news from China’s National Energy Administration which is considering a proposal to ban import of low calorific thermal coal. Presently China is importing large quantity of low grade coal and if the ban is imposed , there could be major affect in the freight market as well as coal prices.
The average charter rates was at Cape/$ 5,168 per day , Panamax/$ 7,418 per day , Supramax/$ 8,902 per day and Handy size/$ 8,165 per day.
The futures for three years (2013-2015) was at around Cape/$ 14,000 per day, Panamax/$ 10,000 per day, Supramax/$ 10,000 per day , Handy size/$ 9000 per day.
The supramax index in the far east (S8 route) was down by 1.65 pct and closed at 8,161 per day (last week $ 8,298 per day) .The route S7 was at same levels closing at $ 7875 per day (Last week $ 7,875 per day) . The freight market in this sector is expected to be soft next week.
The Brent crude oil prices was up by 0.70 pct closing at $ 104.64 per barrel (last week $ 103.91 per barrel). The bunker prices was also lower closing at same levels and closed at $ 614.00 pmt (IFO 380 cst ex Singapore on 17th May 2013).
Baltic Dry Index : Down
Cape index: Down
Panamax index : Down
Supramax index: Up
(as of 17 May 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, 05 January 24
BANGLADESH’S 2023 COAL-FIRED POWER OUTPUT TRIPLED, EASING SHORTAGES - REUTERS
Bangladesh nearly tripled its coal-fired power output in 2023, a Reuters analysis of government data showed, helping it tide over the worst power s ...
Tuesday, 02 January 24
COAL TRADE CONTINUES TO HEAD EAST - BALTIC EXCHANGE
The global coal trade, once concentrated in the Pacific and Atlantic basins, is undergoing a significant transformation, as highlighted in the Inte ...
Tuesday, 02 January 24
COAL CARGOES: AVOIDING EXPLOSION AND SELF-HEATING - GARD
KNOWLEDGE TO ELEVATE
Despite its contribution to greenhouse gas emissions, global coal consumption climbed to an all-time high in 2022 and is ...
Tuesday, 02 January 24
SINOPEC FORECASTS CHINA’S COAL CONSUMPTION TO PEAK AROUND 2025 - REUTERS
China Petrochemical Corp, or Sinopec, expects coal consumption to peak around 2025 at 4.37 billion metric tons, the state energy group said in an o ...
Thursday, 07 December 23
CHINA TO SET UP COAL PRODUCTION RESERVE TO STABILISE PRICES - REUTERS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
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- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Planning Commission, India
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- The University of Queensland
- London Commodity Brokers - England
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- PTC India Limited - India
- White Energy Company Limited
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
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