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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, 23 December 10
SOUTHGOBI RESOURCES CLOSES STRATEGIC INVESTMENT IN ASPIRE MINING LIMITED
Press Release – SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878), announced today that it has completed the private placement with Aspire Mining ...
Thursday, 23 December 10
CESC EYES COAL MINES IN INDONESIA, S AFRICA - TEHELKA
Company has already set a target of adding 6,000 MW power generation by the end of the 12th Plan in 2017
Tehelka reported that, CESC Ltd, the fla ...
Thursday, 23 December 10
SANTA CLAUSE DID NOT COME EARLY THIS YEAR - FEARNBULK
Handy
Not much fresh enquiry this week and quite dead in Bl.Sea/Med. Nevertheless ...
Thursday, 23 December 10
STERLITE ENERGY LIMITED TO BUY 0.6 MLN MT OF COAL FOR 2011
COALspot.com - Sterlite Energy Limited (SEL) is a part of Vedanta Resources plc , a London listed FTSE 100 diversified metals and mining major with ...
Wednesday, 22 December 10
PEABODY ENERGY TO SOURCE INDONESIAN COAL FROM PT SUPRA BARA ENERGI (SBE) - COAL GEOLOGY
Coal Geology reported that, Peabody Energy has entered into an agreement to source coal from PT Supra Bara Energi (SBE), which will be sold on the e ...
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- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Australian Coal Association
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- The University of Queensland
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Australian Commodity Traders Exchange
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- VISA Power Limited - India
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
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