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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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Friday, 04 March 11
IRON ORE FROM INDIA HAS BEEN QUIET
Handy
Activity has been gradually rising in the Atlantic but it is mostly confined to the USG market. Short period basis redelivery Atlantic has b ...
Thursday, 03 March 11
TNPL INDIA LOOKING FOR 160,000 MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. is seeking to import 160,000 plus minus 5 percent metric tons of non-coking coal with Gross Calo ...
Wednesday, 02 March 11
MIXED FORTUNES FOR DRY BULK OWNERS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the dry bulk market has been on the positive side this week, things still look quite uncertain in the near term, with most owners puzzled a ...
Wednesday, 02 March 11
INDIA, 2ND LARGEST IMPORTER OF INDONESIAN COAL IN 2010
COALspot.com: Indonesia, the world largest coal exporter, shipped 24.68 million tons of coal in January 2011, which was 1.19 percent higher Y-o- ...
Tuesday, 01 March 11
GANGAVARAM PORT, AN INDIAN MODERN PORT CREATES RECORD
COALspot.com - Gangavaram Port, the deepest and the most modern port in India creates yet another record by discharging 65349 MT Coking Coal in 24 h ...
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Showing 5356 to 5360 news of total 6871 |
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- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
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