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Saturday, 30 October 10
THE SUPRAMAX FREIGHT MARKET THIS WEEK REMAINED ALMOST AT LAST WEEK LEVELS - VISTAAR SINGAPORE
COALspot.com: The freight market this week remained almost at same levels except for Panamax index which was up by 191 points.
The feast/SE Asia market continued to be soft with supramax vessels being fixed around US$ 15,000 per day delivery N. China for trip via Indonesia to India. The BDI was marginally down by 1.80 pct and closed at 2,678 points.
The cape index was up by 2.54 pct and closed 4,262 points, where’s as the Panamax index was up by 8.61 pct and closed at 2,410 points. The supramax and handy size index also was slightly down and closed at 1,750 points (down by 2.21 pct) and 897 points (down by 5.58 pct) respectively.
The Fareast /SE Asia market seems will be under pressure next week also. Iron ore imports from India to China continue to be uncertain whereas steam coal imports into China and India is firm.
The average charter hire was at Cape/US$ 43,563 per day, Panamax/US$ 19,414 per day, supramax/US$ 19,826 per day and Handy size/US$ 13,111 per day.
The supramax index in the Fareast (S6 route) continued to be under pressure and was down by US$ 378 per day (down by 2.11 pct) and closed at US$ 17,495 per day (last week US$ 17,873 per day).
The ECI/China (S7) route also continue to be soft and was down by US$ 412 per day (down by 2.61 pct) and closed at US$ 15,355 per day (last week was at US$ 15,767).
The S6 and S7 routes may continue to be under pressure next week also.
The future for three years (2011-2013) was at around Cape/US$ 27,500 per day, Panamax/US$ 20,500 per day, Supramax/US$ 18,000 per day and Handy size/US$ 13,750 per day.
The congestion in EC Australian ports was at the lowest in 2010 at 86 vessels this week (last week 103 vessels). The vessels waiting at main coal loading ports were at Hay point/3, DBCT/31, Gladstone/11, Abbot Point/Nil, New Castle/39, Port Kembla/2 vessels. On the WC Australia iron ore vessels waiting was at same levels at 16 vessels (last week 18 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 were almost at same levels and closed at US$ 83.10 (last week US$ 83.15 per barrel). However the bunkers price was slightly firmer and closed at US$ 468.50 pmt (last week US$ 462.00 pmt) for IFO 380 cst ex Singapore on 29th 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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Tuesday, 26 October 10
DRY BULK MARKET TO KEEP RISING THIS WEEK ON STRONG CHINESE IRON ORE AND THERMAL COAL DEMAND - HELLENIC SHIPPING
Overcapacitated or not, the dry bulk market keeps its positive momentum as we move forward this week, with the Baltic Dry Index (BDI) rising by 0.77 ...
Monday, 25 October 10
TWO CHINESE COMPANIES INK DEAL TO TAP AUSSIE COAL RESERVES
China Daily reportd that, two Chinese coal firms have teamed up to explore and develop coal resources in an area in Australia that has forecast rese ...
Monday, 25 October 10
DRY BULK MARKET STILL HEAVILY DEPENDENT ON CHINA, POSTS SMALL WEEKLY LOSS OF 1.27% - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With every twitch and turn from China’s metals industry, the dry bulk market is disproportionally affected, as evidenced by the course of the ...
Sunday, 24 October 10
SUPRAMAX VESSELS BEING FIXED AROUND $ 15 K PER DAY DELIVERY N. CHINA FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SHIPPING
COALspot.com: The freight market this week remained almost at same levels with not much change. However the Far East/SE Asia market was quite soft w ...
Saturday, 23 October 10
HEAVY RAINS NO DAMPENER FOR 2010 COAL OUTPUT TARGET, MINISTRY SAYS - THE JAKARTA GLOBE
The Jakarta Globe reported that, National coal production would likely meet the target set by the Energy Ministry despite unusually heavy rain this ...
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- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Deloitte Consulting - India
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- CNBM International Corporation - China
- Posco Energy - South Korea
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- White Energy Company Limited
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Bhatia International Limited - India
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