We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Sunday, 10 April 11
SOFT FREIGHT MARKET TREND LIKELY TO BE CONTINUED - VISTAAR SHIPPING
 COALspot.com - The freight market continued to soften further with the BDI breaking the 1,500 points and closing at 1376 points down by almost 10 pct.
All other sectors were also down with cape and panamax index also down by 10 to 11 pct. The Supramax index was down by about 3.5 pct and closed at 1457 points. The handy size index remained stable and was at the same levels at 786 points. Even though the charter rates were down the freight levels almost remained at same levels because of high bunker prices with Brent crude touching 126.74 per barrel. The crude prices are likely to be firm with the tensions in Libya and other countries like Yemen, Syria etc . Shipping market will continue to have the effect of earth quake and nuclear crisis in Japan.
The Supramax vessels opening Far East/SE Asia region were seen reported fixed around US$ 15,000 delivery Shanghai/Rizhao range. The freight markets likely to be soft next week also. Short period rates on Panamax was around US$ 15,000 per day and on Supramax was around 15,000 per day.
The average charter rates was at Cape/US$ 7920 per day , Panamax/US$ 13603 per day , Supramax/US$ 15235 per day and Handy size/US$ 11759 per day.
The Supramax index in the feast (S6 route) softened further by 3.28 pct (down by 505 points) and closed at US$ 14,886 per day (last week US$ 15,391 per day). The EC India/China (S7 route) also continued to softened and was down by 4.33 pct (down by US$ 650 per day) and closed at US$ 14,358 per day (last week US$ 15,008 per day). The S6 route is likely to continue to soften further , whereas the S7 route also likely soften further. However quite a few iron ore shipments will be moving out of WC India before Mid May prior onset of monsoons.
The futures for three years (2011-2013) was at around Cape/US$ 18,500 per day, Panamax/US$ 16,000 per day, Supramax/US$ 15000 per day , Handy size/US$ 11,250 per day.
The congestion in EC Australia reduced to 72 vessels this week (last week 84 vessels). The vessels waiting at main coal loading ports were at Hay point/8, DBCT/26, Gladstone/11, Abbot Point/2, New Castle/22, Port Kembla/3 vessels. On the WC Australia iron ore vessels waiting reduced was at 37 vessels (last week 39 vessels).
The waiting at Indian ports for coal vessels was quite normal.
The crude oil prices continued to firm up and closed at US$ 126.74 per barrel (last week US$ 119.93 per barrel). Bunker prices also firmed up and closed higher at US$ 684.50 pmt (last week US$ 657.00 pmt) for IFO 380 cst ex Singapore on 8th 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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 13 April 11
CAPESIZE VESSELS ARE DELIVERED AT A PACE OF ONE NEW VESSEL EVERY SECOND DAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a clear sign that it will take a significant rise in global seaborne dry bulk trade in order to be able to absorb the flurry of new building tonn ...
Thursday, 07 April 11
HANDY RATES SLIDING NOW - FEARNBULK
Handy
Slowly softening rates as more tonnage is accumulating in the Atlantic basin.The trans-Atlantic round is around $15k pd with trips to ...
Thursday, 07 April 11
DRY BULK MARKET PLUNGING EVEN FURTHER ON LOW CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has continued its falling pattern this week, with every day proving to be painful for ship owners, especially those of the large ...
Thursday, 07 April 11
INDIKA BUYS MITRABAHTERA AT US$ 0.183
PT Indika Energy Tbk (INDY), integrated energy company, today has exercised an option agreement to acquire 51% shareholding in newly listed coal tug ...
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 ...
|
|
|
Showing 5311 to 5315 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- MS Steel International - UAE
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Tata Chemicals Ltd - India
- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- Planning Commission, India
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
|
| |
| |
|
