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Saturday, 08 January 11
SUPRAMAX VESSELS WERE FIXED AT AROUND $ 9000 PD FOR A TRIP VIA INDONESIA TO INDIA - VISTAAR
 COALspot.com - The holiday season affect combined with severe flooding in Queensland ports continues to keep the market and pressure. “Supramax vessels opening far east were reported fixed at around usd 9000 pday levels for trip via Indonesia to India”, said Capt. Reddy, director of Vistaar Shipping, Singapore. He further said, Panamax vessels opening far east reported fixed around usd 8000 for trip via Australia and to India.
Short period rates for Supramax was at around usd 14000 pday for vessels opening far east and for Panamax vessels was around usd 16000 pday. The BDI has touched record lows and is at 1,519 points down by almost 15 pct and Cape size index touched 1,865 points down by about 20 pct since 24th Dec 2010. The Panamax saw a slight recovery and was up by about 5 pct and closed at 1936 points. The Supramax and Handy size was down by 10 pct and 7 pct respectively since 24th Dec 2010.
With the situation in Australia likely to continue for 2 to 3 weeks and with the Chinese New year coming first week of February , it is expected that the market is likely to be soft until mid February 2011.
The average charter rates was at Cape/usd 12,897 pday , Panamax/usd 15,416 pday , Supramax/usd 14,023 pday and Handy size/usd 11,196 pday.
The Supramax index in the feast (S6 route) was down by usd 3,252 pday (down by 26 pct) and closed at usd 9,218 pday (last week it was at usd 12,470 pday). The EC India/ China (S7 route) was also severely affected and was down by usd 26,88 pday (down by19 pct) and closed at usd 11,621 pday (last week was at usd 14,309 pday). The S6 and S7 route is likely to be soft and is expected to be under pressure next week also.
The futures for three years (2011-2013) was at around Cape/usd 22,000 pday, Panamax/usd 16,500 pday, Supramax/usd 16,000 pday , Handy size/usd 11,500 pday.
The congestion in EC Australia reduced slightly to 136 vessels this week (last week was 142 vessels). The vessels waiting at main coal loading ports were at Hay point/17, DBCT/44, Gladstone/18, Abbot Point/Nil, New Castle/54, Port Kembla/2 vessels. On the WC Australia iron ore vessels waiting was almost at same levels at 24 vessels (last week 24 vessels).
The waiting at Indian ports for coal vessels was quite normal except for Paradip, Haldia, Kandla where the berthing delays was still high.
The brent crude prices continued to be firm and was almost at same levels and closed at usd 93.61 per barrel (last week usd 93.46 per barrel). However bunker prices was firm and was at usd 520.50 pmt (last week usd 507.50 pmt) for IFO 380 cst ex Singapore on 7th Jan 2011.
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, 13 January 11
DRY BULK RATES HIT NEW MULTI-MONTH LOWS ON AUSTRALIAS FLOODS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Floods in Australia’s Queensland has seriously disrupted coal shipments and together with a flood of vessels has pushed freight rates for dry ...
Wednesday, 12 January 11
BULKER DELIVERIES WEIGHING IN ON FREIGHT RATES KEEPING SENTIMENT ON A NEGATIVE MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of new buildings still hitting the water has caught up for good with the freight market, with capesizes unable to weather the storm. With r ...
Tuesday, 11 January 11
SUPRAMAX TRIP VIA INDONESIA TO INDIA US$ 8,000 PER DAY
Despite continued growth in the bulk trades, the delivery of new vessels is beginning to take its toll. The BDI continued its decline, finishing las ...
Tuesday, 11 January 11
DRY BULK MARKET REACHES NEW LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark index, the Baltic Dry Index (BDI) lost further ground in the beginning of the week, following the trend of the ...
Monday, 10 January 11
MINING INVESTMENT TARGET TOO LOW - TEMPO INTERACTIVE
TEMPO Interactive reported that, the Indonesian Mining Association’s executive director, Priyo Pribadi, believes the government’s invest ...
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- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Indogreen Group - Indonesia
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- GMR Energy Limited - India
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Cement Manufacturers Association - India
- Planning Commission, India
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- VISA Power Limited - India
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
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