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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, 28 January 11
MPM SEEKS 40K TONS OF INDONESIAN COAL
An Indian paper producer Mysore Paper Mills Ltd., based in Bangalore is looking for 40,000 metric tons of non-coking coal of Indonesian o ...
Friday, 28 January 11
TRADING PERMIT DELAYS THREATEN EXPORTS - THE JAKARTA GLOBE
The Jakarta Globe reported that, an ongoing wrangle over licenses for mining traders could hurt investment, a coal mining association chief said on ...
Friday, 28 January 11
DRY BULK MARKET CLOSING IN TOWARDS CRISIS LEVELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The trials and tribulations of the dry bulk market seem to have no end during the first month of 2011, as the industry’s benchmark, the Baltic ...
Wednesday, 26 January 11
ADANI TO SET-UP RAIL, PORT AND POWER PROJECTS IN INDONESIA - MONEYCONTROL
Moneycontrol reported that, Adani Enterprises, the flagship company of India’s infrastructure conglomerate the Adani Group, today announced th ...
Wednesday, 26 January 11
DRY BULK MARKET TAKES YET ANOTHER NOSEDIVE, CAPESIZES LOOK RATHER UNATTRACTIVE AT THE MOMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The downturn of the dry bulk market sees no boundariers, disproving even those who thought that at least for the capesize market, the worst had pass ...
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- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Economic Council, Georgia
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
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