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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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Wednesday, 21 June 23
CHINA'S MAY COAL IMPORTS FROM AUSTRALIA RECOVER TO PRE-BAN LEVELS - REUTERS
Australian coal sales to China increased in May, as trade resumed between them even as overall coal demand weakened against an uncertain macroecono ...
Monday, 19 June 23
DROUGHT-DEPLETED HYDROPOWER DRIVES CHINA TO TURN TO COAL - REUTERS
China has leant hard on coal-fired power plants as well as wind and solar generators to make up for a shortfall in hydroelectric generation as a re ...
Monday, 19 June 23
CHINA COAL OUTPUT UP 4.2 PCT IN MAY - XINHUA
China’s raw coal output posted steady growth in May, official data showed.
The country produced 390 million tonnes of raw coal ...
Wednesday, 24 May 23
AMMONIA-FUELLED BULK CARRIERS WITHIN FIVE YEARS - BALTIC EXCHANGE
Within five years, ships powered by clean ammonia could be a feature on the iron ore trade routes between West Australia and East Asia.
A study ...
Tuesday, 23 May 23
CHINA'S APRIL COAL OUTPUT LEAPS 11% ON YEAR, BUT DEMAND DOWNTURN LOOMS - REUTERS
China’s daily coal output in April jumped 11% from the same month a year earlier, boosted by Beijing’s order to increase supply to ensu ...
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- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- MS Steel International - UAE
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- Sical Logistics Limited - India
- The University of Queensland
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
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