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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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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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- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- The University of Queensland
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- Planning Commission, India
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Global Business Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
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