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Sunday, 17 April 11
THE FREIGHT MARKET APPEARS WILL CONTINUE TO BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com - "The freight market continued to soften further with all segments down except for the handy size which was marginally up by 10 points", said Capt. Reddy, Director of Vistaar Shipping Singapore. Vistaar Shipping is an experienced ship operator and handling coal vessels from Indoneisa, Australia, China and South Africa.
The BDI was down by 5.81 pct and closing at 1,296 points, whereas cape index was down by 2.98 pct and closed at 1,564 points. The panama index was most affected which was down by almost 11 pct and closed at 1,514 points. The Supramax index was down by 2.95 pct and closed at 1,414 points, whereas the handy size index was up by 1.27 pct and closed at 796 pct.
The market appears will continue to be soft next week also. The bunker prices have soften a bit and overall the freight are expected to be soft.
The Supramax vessels opening Feast/Se Asia region were seen reported fixed around US$ 13000 delivery Shanghai/Rizhao range. Short period rates on Panamax and Supramax was around US$ 15000 per day.
The average charter rates was at Cape/US$ 6856 per day , Panamax/US$ 12129 per day , Supramax/US$ 14781 per day and Handy size/US$ 11908 per day.
The Supramax index in the feast (S6 route) softened further by 2.89 pct (down by 431 points) and closed at US$ 14455 per day (last week US$ 14886 per day). The EC India/China (S7 route) also softened slightly and was down by 1.50 pct (down by US$ 216 per day) and closed at US$ 14142 per day (last week US$ 14358 per day). The S6 and S& route likely to be soft soft week also. However WC India market could be slightly holding due to pressure of cargoes out of WC India before monsoons.
The futures for three years (2011-2013) was at around Cape/US$ 17000 per day, Panamax/US$ 15000 per day, Supramax/US$ 14500 per day , Handy size/US$ 11250 per day.
The congestion in EC Australia reduced to 60 vessels this week (last week 72 vessels). The vessels waiting at main coal loading ports were at Hay point/4, DBCT/22, Gladstone/11, Abbot Point/3, New Castle/18, Port Kembla/2 vessels. On the WC Australia iron ore vessels waiting reduced was at 33 vessels (last week 37 vessels).
The waiting at Indian ports for coal vessels was quite normal.
The crude oil prices softened a bit and closed at US$ 123.44 per barrel (last week US$ 126.74 per barrel). Bunker prices also softened and closed at US$ 673.50 pmt (last week US$ 684.50 pmt) for IFO 380 cst ex Singapore on 15th 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 February 11
ADARO ENERGY FY10 COAL SALES UP 6 PERCENT TO 43.84 MILLION
As reported by insider stories, Indonesian coal miners PT Adaro Energy Tbk has produced 42.20 million tons of coal in 2010, a 4 percent increase com ...
Thursday, 03 February 11
MERCATOR LINES TO INVEST RS 200-250 CRORE ON COAL MINE IN INDONESIA - ECONOMIC TIMES
Economic Times reported that, Mercator Lines, the HK Mittal-controlled shipping-to-mines major, will invest about 200-250 crore (US$ 43.825 - 54.781 ...
Thursday, 03 February 11
DRY BULK MARKET LOOKS SET TO BOTTOM OUT NIKOS - ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market having lost more than 72% of its value in the last month or so and having retreated to a 2-year low, it seems that the bott ...
Wednesday, 02 February 11
INDONESIA MAY MISS COAL EXPORT TARGET IN 2011
COALspot.com - Indonesian Trade ministry has instructed independent surveyors temporarily not to issue pre-shipment survey report (LS) to the compan ...
Wednesday, 02 February 11
BAYAN TO SUPPLY COAL TO TP UTILITIES LTD
Insider Stories has reportd that, Indonesia's one of the leading coal miner PT Bayan Resources Tbk (BYAN) owned by businessman Dato' Low Tuck ...
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- The University of Queensland
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- White Energy Company Limited
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Planning Commission, India
- Posco Energy - South Korea
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
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