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Saturday, 19 February 11
THE FREIGHT MARKET EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - The market was quite firm this week with freight rates in South east asia and India/Feast almost up by 30 pct.
However towards end of the week the markets appeared to lose momentum with cape index in negative and futures in all the sectors showed signs of softening. The BDI was up 1,047 points (up by 9 pct) and closed at 1,301 points where as the Cape index was almost at same levels and up 33 points (up by 0.2 pct only) and closed at 1,442 points. The panamax and Supramax index was up by 384 points and 135 points and closed at 2,004 points and 1,267 points respectively.
The handy size index was almost at same levels up by 21 points and closed at 670 points.
With the iron ore and coal imports by china likely to reduce as already signs of softening prices. The freight market expected to be steady next week.
The average charter rates was at Cape/US$ 6,623 per day , Panamax/US$ 16,073 per day , Supramax/US$ 13,247 per day and Handy size/US$ 9,906 per day.
The Supramax index in the feast (S6 route) was up sharply by 33 pct up by US$ 2,696 per day and closed at US$ 10,791 per day (last week US$ 8,095 per day). The EC India/ China (S7 route) was also up sharply by 34 pct and closed at US$ 17,308 per day (last week US$ 12,855 per day). The S6 and S7 route is expected to be almost at same levels next week also.
The futures for three years (2011-2013) was at around Cape/US$ 20,000 per day, Panamax/US$ 16,500 per day, Supramax/US$ 15,000 per day , Handy size/US$ 11,000 per day.
The congestion in EC Australia almost at same levels at 92 vessels this week (last week 90 vessels). The vessels waiting at main coal loading ports were at Hay point/13, DBCT/19, Gladstone/9, Abbot Point/1, New Castle/46, Port Kembla/4 vessels. On the WC Australia iron ore vessels waiting increased to 52 vessels (last week 43 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 crude prices continued to be firm up with the tensions in middle east continuing and Brent crude prices was at US$ 103.06 per barrel up 1.62 percent w-o-w (last week US$ 101.41 per barrel). Bunker prices also firmed up sharply and was at US$ 609.00 pmt (last week US$ 602.50 pmt) up 1.078 percent for IFO 380 cst ex Singapore on 18th Feb 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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Tuesday, 01 March 11
GANGAVARAM PORT, AN INDIAN MODERN PORT CREATES RECORD
COALspot.com - Gangavaram Port, the deepest and the most modern port in India creates yet another record by discharging 65349 MT Coking Coal in 24 h ...
Monday, 28 February 11
COAL INDIA HIKES PRICES BY 12% FOR SELECT CONSUMERS - ECONOMIC TIMES
Economic Times reported that, Coal India has raised prices by an average 12% for some of its consumers from Sunday, boosting its revenue by 6,000 cr ...
Saturday, 26 February 11
CIL TO HIKE COAL PRICES BY 15 PC FROM TONIGHT - THE TIMES OF INDIA
The Times of India reported that, an Indian State-run coal producer, Coal India will raise the price of coal on an average by about 15 per cent with ...
Saturday, 26 February 11
SUPRAMAX INDEX WAS UP ABOUT 10 PERCENT THIS WEEK - VISTAAR
COALspot.com - The market started on a weak note and seemed to have lost the momentum seen the previous week. The main sectors affected were Cape an ...
Saturday, 26 February 11
PEABODY ENERGY ENTERS INTO COAL SOURCING AGREEMENT ACCESSING INDONESIAN COAL FOR EXPORT
Peabody Energy today said it has entered into an agreement with Indonesia's PT Cahaya Energi Mandiri (CEM) to source 2 million tons of coal for Asi ...
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- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Planning Commission, India
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Parliament of New Zealand
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
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