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Saturday, 26 March 11
THE FREIGHT MARKET REMAINED A BIT VOLATILE THIS WEEK - CAPT. REDDY
COALspot.com - "The freight market remained a bit volatile this week", says Capt. Reddy, director of Vistaar Shipping Singapore.
However, the market managed to maintain almost the same levels as last week , with all the sectors up by 3-7 pct except for Panamax index which was slightly softer, he further said.
The BDI continue to rise and was up by 54 points (up by 3.53 pct) and closed at 1,585 points. The Cape index gained maximum this week , up by 118 points (up by 7 pct). The Panamax was slightly lower and was down by 56 points (down by 0.76 pct). The Supramax and Handy size index was up by 29 points (up by 1.84 pct) and 25 (up by 3.31 pct) respectively.
The Supramax vessels opening FEast/SE Asia region were seen holding at healthy levels and fixed at around US$ 16000 delivery N.China.
The freight markets may hold for next couple of weeks. However there does not seem to be any strength in the market and in the long run seems the freight would be soft . The effects of Japanese ports closure and Libya , Yemen , Syria crisis is likely to have effect on shipping and oil prices.
The average charter rates was at Cape/US$ 10,718 per day , Panamax/US$ 16,693 per day , Supramax/US$ 16,762 per day and Handy size/US$ 11,704 per day.
The Supramax index in the feast (S6 route) was almost steady and slight softness was seen towards end of the week at US$ 15,991 per day (last week US$ 15,995 per day). The EC India/ China (S7 route) continued to softened and was down by 2.07 pct (down by US$ 330 per day) and closed at US$ 15,608 per day (last week US$ 15,938 per day). The S6 route is likely to continue to be steady/soft , whereas the S7 is likely 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$ 15,500 per day , Handy size/US$ 11,500 per day.
The congestion in EC Australia almost at same levels at 84 vessels this week (last week 72 vessels). The vessels waiting at main coal loading ports were at Hay point/7, DBCT/21, Gladstone/12, Abbot Point/3, New Castle/34, Port Kembla/7 vessels. On the WC Australia iron ore vessels waiting reduced to 39 vessels (last week 42 vessels).
The waiting at Indian ports for coal vessels was quite normal.
The crude oil prices remained firm and closed at US$ 115.95 per barrel (last week US$ 114.51 per barrel). Bunker prices was almost at same levels and closed at US$ 643.00 pmt (last week US$ 643 pmt) for IFO 380 cst ex Singapore on 25th 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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Saturday, 26 March 11
ADARO AIMS TO DOUBLE COAL PRODUCTION -THE JAKARTA POST
The Jakarta Post reported that, coal producer PT Adaro Indonesia is planning to soon boost its production capacity to 80 million tons annually, almo ...
Friday, 25 March 11
KNOWLEDGE INFRASTRUCTURE TO BAG 160,000 MT COAL SUPPLY ORDER FROM TNPL
COALspot.com - Delhi based Knowledge infrastructure Systems Pvt. Ltd offered lowest price of US$ 97.10 per metric ton for calorific value of 6000 GA ...
Friday, 25 March 11
THE CAPESIZE MARKET CONTINUED TO FALL - FEARNBULK
Handy
The Atlantic market remains stable with more activity from the Black Sea to Feast paying in the mid 20´s on supras.
The USG remain ...
Friday, 25 March 11
BORNEO ENERGI FY10 NET INCOME SOARS - INSIDER STORIES
Coking coal producer PT Borneo Lumbung Energi Tbk (BORN) booked a skyrocket net income by 499.72% from net loss position in 2009, as quoted by Insid ...
Thursday, 24 March 11
INDIA'S CHETTINAD INTERNATIONAL COAL TERMINAL'S PERMISSIBLE DRAFT HAS INCREASED TO 13.5 M
COALspot.com - Chettinad International Coal Terminal in Ennore port has the berth with draft 13.5 Meters now, according to E-Mail statement received ...
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- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Planning Commission, India
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- White Energy Company Limited
- GMR Energy Limited - India
- Australian Coal Association
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
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