We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 29 January 11
PRESSURE ON SHIPPING MARKET MAY CONTINUE UNTIL MID FEBRUARY 2011
 COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1370 points.
In May 2010 the BDI touched 4,209 points which was highest in 2010 and since then the BDI has dropped almost 70 pct . The Cape index also continued to remain soft with a drop of about 2.50 pct and closed at 1,556 points.
The average charter rate for Cape size vessels was at $ 8,859 per day almost close to 2008 lows. Panamax index was the most affected this week with the index down by 270 points and closed at 1,650 points. Supramax and Handy size index saw a slight upward movement and closed at 1,427 points and 777 points respectively.
According to Vistaar Shipping Singapore, the spot charter rates for Supramax in the far east remained under pressure and vessels were reported fixed only at $ 7000-8000 per day for trip to via Indonesia to India.
Capt. Reddy, director of Vistaar shipping said, With the flood situation in Australia likely to continue for some more time and with the Chinese New year coming the market are likely to be under pressure at least until mid February 2011.
The average charter rates was at Cape/$ 6177 per day , Panamax/$ 10689 per day , Supramax/$ 12642 per day and Handy size/$ 10560 per day.
The supramax index in the feast (S6 route) was down by $ 467 per day (down by 5.71 pct) and closed at $ 7714 per day (last week $ 8181 per day). The EC India/ China (S7 route) was down by 123 points (up by 1.05 pct) and closed at $ 11498 per day (last week $ 11621 per day). The S6 route is likely to be soft next week.
The futures for three years (2011-2013) was at around Cape/$ 20000 per day, Panamax/$ 15000 per day, Supramax/$ 15000 per day , Handy size/$ 10750 per day.
The congestion in EC Australia reduced slightly to 106 vessels this week (last week 110 vessels). The vessels waiting at main coal loading ports were at Hay point/14, DBCT/31, Gladstone/13, Abbot Point/Nil, New Castle/40, Port Kembla/6 vessels. On the WC Australia iron ore vessels waiting reduced to 31 vessels (last week 41 vessels).
The waiting at Indian ports for coal vessels was quite normal except for Paradip, Haldia, Kandla where the berthing delays was high with berthing delays of about 10/12 days.
The brent crude prices was firm almost touching $ 100 per barrel and closed at $ 99.31 per barrel (last week $ 97.63 per barrel). Bunker prices also firmed and was at $ 552.00 pmt (last week $ 542.00 pmt) for IFO 380 cst ex Singapore on 28th 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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 24 February 11
DRY BULK MARKET KEEPS LOSING GROUND, CAPESIZES SUFFERING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market lost further ground yesterday, as the industry’s benchmark, the Baltic Dry Index was rapidly falling, ending the session d ...
Thursday, 24 February 11
SUPRAS ARE FIXED AT CLOSE TO 10K FOR TRIPS VIA INDONESIA TO INDIA WITH COAL - FEARNBULK
Handy
After a short lived surge in rates the Atlantic market has flattened out due to too many spot vessels. The USGulf has cooled down somewhat f ...
Wednesday, 23 February 11
LIMITED AVAILABILITY OF COAL COULD TRIP MEGA POWER PLANT - THE ECONOMIC TIMES
The Economic Times, an Indian leading news paper reported that, an acute shortage of domestic coal is threatening to destabilize new power generatio ...
Wednesday, 23 February 11
DRY BULK MARKET BACK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The two week rise of dry bulk freight rates seems to have come to a halt this week, with the industry’s benchmark, the Baltic Dry Index (BDI) lo ...
Wednesday, 23 February 11
INDONESIA NEEDS TO REVISE EXPORT BAN ON 5600 GAD COAL EXPORT - INDUSTRY
COALspot.com - The Indonesian government may be forced to revise its 2014 timeline for the proposed ban on all low quality coal exports, Patrick Han ...
|
|
|
Showing 5366 to 5370 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Simpson Spence & Young - Indonesia
- Edison Trading Spa - Italy
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Goldman Sachs - Singapore
- White Energy Company Limited
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
|
| |
| |
|
