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Monday, 13 September 10
FREIGHT MARKETS MAY BE A BIT SOFT THIS WEEK - VISTAAR SINGAPORE
COALspot.com: The freight market continued its upward trend with the BDI almost touching 3000 points. However the uncertainty seems to continue with regard to iron movement and whether the freight markets will continue to the trend upwards. Last week the BDI was up only by 4.14 pct where as the Cape index was up only by 2.08 pct. The panamax index saw the biggest last week increase which was up by 8.75 pct.
The Supramax index and the handy size index was marginally up by 2.71 pct and 1.13 pct respectively. The effects of ban on grain exports by Russia and lower iron ore contract prices will have to be seen in the next couple of weeks. Close of the last week the futures on all segments were down and softer, which could indicate that the markets may be a bit soft this week.
The average charter hire was at Cape/US$ 41006 per day, Panamax/US$ 27312 per day, Supramax/US$ 21935 per day and Handy size/US$ 15876 per day.
The Supramax index in the Fareast (S6 route) was marginally up by US$ 135 per day ( up by 0.7 pct ) and closed at US$ 19675 per day. The ECI/China (S7) route was down by US$ 511 per day (down by 2.70 pct) and closed at US$ 18348 per day . The S6 and S7 routes seems will maintain these levels for next week and could be a bit softer.
The futures for three years (2010-2012) was almost at same levels and was around Cape/US$ 28000 per day, Panamax/US$ 22000 per day, Supramax/US$ 18500 per day and Handy size/US$ 14000 per day.
The congestion in EC Australian ports was at the lowest at 93 vessels this week (last week 100 vessels ). The vessels waiting at main coal loading ports were at Hay point/1, DBCT/42, Gladstone/4, Abbot Point/Nil, New Castle/44, Port Kembla/2 vessels. On the WC Australia iron ore vessels waiting increased to 33 vessels (last week 20 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days, except that the congestion Haldia was quite quieting with huge berthing delays.
The Brent crude prices was up and was at US$ 78.22 per barrel (last week US$ 76.55 per barrel ). The bunkers prices was almost also firmer and the prices ex Singapore and was at US$ 442 pmt (IFO 380 CST ex Singapore) on 10th Sept 2010.
Click here for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
Reported by Vistaar Shipping, Singapore
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Tuesday, 31 August 10
CIL MAY SET UP POWER PLANT TO UTILIZE EXCESS COAL
The Economic Times reported that, the world's largest coal producer Coal India Ltd (CIL) said it may consider setting up power plants in the countr ...
Tuesday, 31 August 10
NALCO SEEKS STAKES IN INDONESIAN COAL MINES
Economic Times reported that, National Aluminium Co. Ltd said on Tuesday it wants to buy stakes in Indonesian coal mines to secure supplies fo ...
Tuesday, 31 August 10
CAPESIZE RATES ON VOLATILE MOVEMENT
With Monday a holiday for London’s stockmarket (Bank Holiday), the dry bulk market took a breather before presenting ship owners and charterer ...
Monday, 30 August 10
MUNDRA PORT BEGINS OPERATIONS AT NEW TERMINAL IN GUJARAT
Economic Times reported that, Adani group firm Mundra Port has commenced operations at its 20-million tonnes port at Dahej in Gujarat, the company s ...
Monday, 30 August 10
DRY BULK MARKET STABILIZES, ALBEIT AT A FALLING NOTE
The dry bulk market’s leading benchmark, the Baltic Dry Index (BDI) ended the week at 2712 points, a marginal weekly loss of 1.6% or 44 points ...
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- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Australian Coal Association
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- PTC India Limited - India
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
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