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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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Wednesday, 06 April 11
FORBES & MANHATTAN COAL ANNOUNCES SIGNIFICANT OFF TAKE AGREEMENT
Steady Cash Flow Will Fund Production Ramp Up
Forbes & Manhattan Coal Corp., ("Forbes Coal" or the "Company") is a produc ...
Tuesday, 05 April 11
DRY BULK MARKET DOWN ON FIRST DAY OF SECOND QUARTER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market began the second quarter on a downward pattern, with the industry’s benchmark, the Baltic Dry Index (BDI) shedding 1.45 pe ...
Monday, 04 April 11
INDONESIA INTERNATIONAL CONFERENCE FOCUS ON INDONESIA'S ECONOMY (IICFIE) 2011 MASTER PLAN TO ACCELERATE THE ECONOMIC DEVELOPMENT
Press Release - Since couple of years, Indonesia's economy show impressive growth. What is the Indonesia's Economic Corridor and the Master plan t ...
Saturday, 02 April 11
TNPL CALLS FOR 160KT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure another 160,000 MT +/- 5 percent of Non-Coking imported C ...
Saturday, 02 April 11
THE FREIGHT MARKETS LIKELY TO BE SOFT NEXT WEEK - VISTAAR SINGAPORE
COALspot.com - The freight market softened this week affecting all sectors with BDI down by 65 points (down by 4.10 pct) and closed at 1,520 points. ...
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Showing 5316 to 5320 news of total 6871 |
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- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Parliament of New Zealand
- Economic Council, Georgia
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- PTC India Limited - India
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
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