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Sunday, 13 March 11
THE FREIGHT MARKET SEEMS WILL BE FIRM FOR MARCH AND APRIL - VISTAAR
COALspot.com - The freight market continued to rise with the BDI crossing 1500 points and the cape size index up by 32 pct and all other segments also ending in positive. The Panamax index was up by 7 pct whereas the Supramax and handy size was up by 4 pct. The cape index saw the biggest gain with the average charter rate ending at US$ 11308 per day compared to US$ 5704 per day. The Supramax index in the feast and se asia was firm with vessels being fixed around US$ 17000 per day delivery Mid China.
“The market seems will be firm for March and April” Said Capt. Reddy, Director, Vistaar Shipping Singapore.
“However, the earth quake situation is likely to have a impact on the freight market and oil prices. Also other factors which could affect is talk about Korea Line redelivering quite a few vessels in the market and the Libya situation. The effect of New building vessels also will keep the market under pressure” he further added.
The average charter rates was at Cape/US$ 11,038 per day , Panamax/US$ 17,115 per day , Supramax/US$ 15,985 per day and Handy size/US$ 10,909 per day.
The Supramax index in the feast (S6 route) continued to be firm and was up by 11.55 pct (up by US$ 1,701 per day) and closed at US$ 15,973 per day (last week US$ 14,727 per day). The EC India/ China (S7 route) continued to softened and was down by 2.70 pct (down by US$ 466 per day) and closed at US$ 16763 per day (last week US$ 17,229 per day). The S6 route may continue to be firm, where as the S7 is likely to soften further.
The futures for three years (2011-2013) was at around Cape/US$ 19,000 per day, Panamax/US$ 16,500 per day, Supramax/US$ 15,000 per day , Handy size/US$ 11,500 per day.
The congestion in EC Australia almost at same levels at 81 vessels this week (last week 77 vessels). The vessels waiting at main coal loading ports were at Hay point/6, DBCT/22, Gladstone/14, Abbot Point/Nil, New Castle/38, Port Kembla/1 vessels. On the WC Australia iron ore vessels waiting reduced to 61 vessels (last week 58 vessels).
The waiting at Indian ports for coal vessels was quite normal.
The crude prices jumped sharply during the week , however showed signs of softening and closed at US$ 113.47 per barrel (last week US$ 115.78 per barrel). Bunker prices also firmed up during the week but closed lower US$ 638.50 pmt (last week US$ 638.00 pmt) for IFO 380 cst ex Singapore on 11th March 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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Sunday, 17 April 11
THE FREIGHT MARKET APPEARS WILL CONTINUE TO BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com - "The freight market continued to soften further with all segments down except for the handy size which was marginally up by 10 p ...
Sunday, 17 April 11
ADARO TO PROPOSE US$75 MILLION DIVIDEND
COALspot.com - One of Indonesia's largest coal miner PT Adaro Energy Tbk (ADRO) is keen to propose a final dividend of US$75 million or Rp 20.17 (U ...
Saturday, 16 April 11
TNPL RECEIVES 1.6MT OF COAL OFFERS - SOURCES
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. has closed its 160,000 MT coal inquiry today.
More than a half a dozen of Indian coal t ...
Friday, 15 April 11
DRY BULK MARKET KEEPS ON FALLING, ON LOW DEMAND AND HIGH SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its falling patern this week, with the industry’s benchmark, the Baltic Dry Index (BDI) retreating again yesterda ...
Thursday, 14 April 11
SUPRAS IN N.CHINA GET CLOSE TO $12000 FOR TRIPS VIA INDONESIA TO INDIA - FEARNBULK
Handy
The Atlantic market remains flat - very little new/fresh business and slow activity. Considerable prompt tonnage remains unfixed. The USG pa ...
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- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
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