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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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Monday, 14 March 11
IRON ORE TRADING WORLD EUROPE 2011
Press Release - Strategy and opportunity for miners, steelmakers, end users and the financial community.
The iron ore spot market is growing at a ...
Sunday, 13 March 11
COAL NO LONGER A CHEAP ENERGY SOURCE - THE SUNDAY LEADER
The Sunday Leader reported that, the addition of power generated through coal power to the country’s national grid was initially expected to r ...
Friday, 11 March 11
THE HANDY MARKET IS QUITE VOLATILE
Handy
Lacklustre week as the USG is the only bright light with high volumes of petcoke/coal into the Med (paying mid 20´s bss aps USG). Litt ...
Thursday, 10 March 11
DRY BULK MARKET SHOWING SIGNS OF STRONGER RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market jumped by 3.37% yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI), moving up to 1,472 points, levels no ...
Wednesday, 09 March 11
INDONESIA HAS SET THE MARCH 2011 INDONESIAN COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.43 PER TON
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the March 2011 Indonesian Coal Reference Price for thermal c ...
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- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- White Energy Company Limited
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- Planning Commission, India
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Georgia Ports Authority, United States
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