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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. The cape index was marginally down by 13 points and closed at 1,792 points. Panamax index was the most affected , down by 153 points (down by 7.36 pct) and closed at 1,925 points. The Supramax index also dropped by 92 points (down by 5.74 pct) and closed at 1511 points, where as the handy size was almost at same levels and closed at 786 points.
The Supramax vessels opening Far East /SE Asia region continued to see healthy levels and ships were fixed around $ 16,000 Shanghai/Rizhao range. The freight markets likely to be soft at least in the beginning of the week and may pick towards end of the week. Probably the effects of Japanese ports and crisis in Libya, Yemen , Syria and Middle east seems to be affecting the shipping market. However overall the sentiments are that the markets could be softening in the coming weeks.
The average charter rates was at Cape/$ 10,554 per day , Panamax/$ 15,463 per day , Supramax/$ 15,795 per day and Handy size/$ 11,774 per day.
The Supramax index in the far east (S6 route) softened further by 1.19 pct (down by 191 points) and closed at $ 15,391 per day (last week $ 15,991 per day). The EC India/China (S7 route) also continued to softened and was down by 3.84 pct (down by $ 600 per day) and closed at $ 15,008 per day (last week $ 15,608 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/$ 18,500 per day, Panamax/$ 16,000 per day, Supramax/$ 15,000 per day , Handy size/$ 11,250 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 continued to firm up and closed at $ 118.93 per barrel (last week $ 115.95 per barrel). Bunker prices also firmed up and closed higher at $ 657.00 pmt (last week $ 643 pmt) for IFO 380 cst ex Singapore on 1st April 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 ...
Friday, 01 April 11
SUPRAS EX RICHARDS BAY COAL TERMINAL TO INDIA HOVERING AT $ 25 - 27.00 PMT - FEARNBULK
Handy
Atlantic markets remain stable with more activity from the Black Sea to FEast paying in the mid 20´s on Supras. The USG remains firm p ...
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Showing 5316 to 5320 news of total 6871 |
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- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Mjunction Services Limited - India
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- PetroVietnam Power Coal Import and Supply Company
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Planning Commission, India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Minerals Council of Australia
- Thai Mozambique Logistica
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
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