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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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Thursday, 24 February 11
SUPRAS ARE FIXED AT CLOSE TO 10K FOR TRIPS VIA INDONESIA TO INDIA WITH COAL - FEARNBULK
Handy
After a short lived surge in rates the Atlantic market has flattened out due to too many spot vessels. The USGulf has cooled down somewhat f ...
Wednesday, 23 February 11
LIMITED AVAILABILITY OF COAL COULD TRIP MEGA POWER PLANT - THE ECONOMIC TIMES
The Economic Times, an Indian leading news paper reported that, an acute shortage of domestic coal is threatening to destabilize new power generatio ...
Wednesday, 23 February 11
DRY BULK MARKET BACK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The two week rise of dry bulk freight rates seems to have come to a halt this week, with the industry’s benchmark, the Baltic Dry Index (BDI) lo ...
Wednesday, 23 February 11
INDONESIA NEEDS TO REVISE EXPORT BAN ON 5600 GAD COAL EXPORT - INDUSTRY
COALspot.com - The Indonesian government may be forced to revise its 2014 timeline for the proposed ban on all low quality coal exports, Patrick Han ...
Tuesday, 22 February 11
SUPRAMAX MARKET IS IMPROVING IN THE PACIFIC
BRS - A 10% rise in the BDI this week, mostly on the back of Panamax rates and improvements in the Supramax market in the Pacific. For the Capes, ra ...
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- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- MS Steel International - UAE
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
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