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Saturday, 09 October 10
FREIGHT MARKET IS EXPECTED TO FIRM UP NEXT WEEK CAPT REDDY
COALspot.com: Inspite of Chinese holidays the BDI was up by 10 pct and closed at 2,696 points. The cape index shot up to 20 pct and closed at 4,076 points. There have been several cape size vessels reported fixed for short period because of firm spot rates. The panamax , Supramax and handy size index was almost at same levels and closed at 2,403 points, 1,894 point and 1,033 points respectively. With the Chinese holidays over the market is expected to firm up next week. Iron ore shipment out of India has been weak and several ships were seen ballasting towards South Africa or Singapore. The waiting at coal loading ports and iron ore vessels in Australia continued to increase.
The average charter hire was at Cape/US$ 40,798 per day, Panamax/US$ 19,332 per day, Supramax/US$ 19,805 per day and Handy size/US$ 15,100 per day.
The Supramax index in the Fareast (S6 route) was marginally up by US$ 177 per day (up by 1 pct) and closed at US$ 18,264 per day (last week US$ 18,087 per day). The ECI/China (S7) route further softened by US$ 295 per day (down by 1.8 pct) and closed at US$ 16,213 per day . The S6 and S7 routes is expected to improve next week.
The futures for three years (2011-2013) was at around Cape/US$ 27,500 per day, Panamax/US$ 21,000 per day, Supramax/US$ 18,500 per day, Handy size/US$ 14,000 per day.
The congestion in EC Australian ports increased to 118 vessels this week (last week 105 vessels). The vessels waiting at main coal loading ports were at Hay point/6, DBCT/43, Gladstone/13, Abbot Point/1, New Castle/54, Port Kembla/1 vessels. On the WC Australia iron ore vessels waiting also increased to 30 vessels (last week 19 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days, except that the congestion at Haldia continued to high.
The Brent crude prices was slightly firm and closed at US$ 84.19 (last week US$ 83.78 per barrel). The bunkers prices was also firmed up slightly and was up by and at US$ 464 pmt (last week US$ 459 pmt) for IFO 380 cst ex Singapore on 8th Oct 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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Thursday, 30 September 10
DRY BULK MARKET HEADS SOUTH ONCE MORE WITH MARKET SENTIMENT TAKING A CAUTIOUS APPROACH - HELLENIC SHIPPING
The dry bulk market didn’t manage to maintain the slightly upward momentum it had established during the first two session of the week, with t ...
Wednesday, 29 September 10
MOZAMBIQUE: COAL IN THREE MORE TETE DISTRICTS
All africa reported that, Coal deposits have been confirmed in the districts of Changara, Cahora Bassa and Magoe, in the western Mozambican province ...
Tuesday, 28 September 10
MMTC TO AWARD CONTRACT TO CEPL AND KNOWLEDGE TO SUPPLY 0.835 MILLION TONS OF IMPORTED COAL
COALspot.com: MMTC, India’s state owned trading company has opened three coal purchase tenders today.
According to our market sources, Coas ...
Monday, 27 September 10
DRY BULK: FREIGHT RATES CONTINUE TO FALL ON LOW ACTIVITY - HELLENIC SHIPPING
The dry bulk market didn’t manage to change its fortunes during the past week, with holidays across many Asian countries, predominantly China, ...
Saturday, 25 September 10
INDONESIA HAS EXPORTED 187.656 MILLION TONNES OF COAL IN EIGHT MONTHS
COALspot.com: Indonesia, the world largest coal exporter has exported 187.656 million tons of coal for the period January – August this ...
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- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Planning Commission, India
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
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