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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
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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 ...
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Showing 5311 to 5315 news of total 6871 |
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- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- The University of Queensland
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Ambuja Cements Ltd - India
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- PTC India Limited - India
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- White Energy Company Limited
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
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