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Sunday, 03 July 11
MONSOON IN INDIA PUSHED FREIGHTS UP FROM INDONESIA TO WC INDIA - VISTAAR
COALspot.com - The BDI continued to hold closing just 2 points below last week at 1,422 points which was supported by Cape index which was up by 71 points closing at 2,045 points. The Panamax index was the most affected down by almost 10 pct and closing at 1,560 points. The Supramax and Handy size index was marginally down by 16 points (1.21 pct) and 2 points (0.28 pct) closing at 1306 points and 719 points respectively.
The market appears to be bottoming out with regard to Supramax in the Far east/SE Asia/India region where ships are being fixed around US$ 10,000 per day. However short period rates still remain around US$ 13,500-14,000 per day for Supramax and Panamax vessels. Panamax vessels also reported fixed around US$ 10,000 per day for single trips.
"Due to monsoons freights from Indonesia to WC India was going at a premium and Supramax demanding almost US$ 14,000 per day for single trips. The freight levels expected to hold next week with all the futures up end of the week", says, Capt. Reddy, Director of Vistaar Shipping, Singapore.
The iron ore imports by China has slowed down with drop in steel demand. However it is expected that overall demand for the balance year will be fairly good.
The average charter rates was at Cape/US$ 13,193 per day , Panamax/US$ 12,709 per day , Supramax/US$ 13,658 per day and Handy size/US$ 10,563 per day.
The Supramax index in the far east (S6 route) was down by 2.18 pct and closed at US$ 10.159 per day (last week US$ 10,386 per day). The EC India/China (S7 route) also softened by 2.78 pct and closed at US$ 9,624 per day (last week US$ 9,900 per day). The S6 rates likely to be steady/firm and S7 likely to be soft.
The futures for three years (2011-2013) was at around Cape/US$ 15,000 per day, Panamax/US$ 14,000 per day, Supramax/US$ 13,500 per day , Handy size/US$ 10,500 per day.
The congestion in EC Australia reduced to 63 vessels this week (last week 70 vessels). The vessels waiting at main coal loading ports were at Hay point/4, DBCT/12, Gladstone/9, Abbot Point/1, New Castle/36, Port Kembla/Nil vessels. On the WC Australia iron ore vessels waiting also reduced to 26 vessels (last week 32 vessels).
The Brent crude oil prices softened and dropped by 6.92 pct to US$ 111.50 per barrel (last week US$ 105.42 per barrel). Bunker prices also softened and closed at US$ 654.50 pmt (last week US$ 634.50 pmt) for IFO 380 cst ex Singapore on 1st July 2011.
Click here for Vistaar’s forecasts (terms & conditions apply) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)
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Wednesday, 29 June 11
ANOTHER STRONG PERFORMANCE BY CAPESIZE - BRS
Another strong performance by the Capesize market this week, bringing the BCI up 8% to 1,974 points. However the Panamax market was penalised, losin ...
Monday, 27 June 11
THE IRON ORE IMPORTS BY CHINA SEEMED TO SLOW DOWN - VISTAAR
COALspot.com - The BDI was holding as previous week and was just up by 1 point and closed at 1424 points end of last week. The biggest gain was ...
Friday, 24 June 11
THE INDONESIAN GOVERNMENT WILL NOT EXTEND ALL EXPIRED MINING CONTRACTS - JAKARTA UPDATES
The Indonesian Government have decided not to extend all mining concessions under the scheme called Contract of Work and instead will take over the ...
Friday, 24 June 11
BERAU EYEING 70 PERCENT GROWTH IN EBITDA
Indonesia's coal producer PT Berau Coal Energy Tbk (BRAU) is eyeing a 60 -70 percent growth in EBITDA to US$ 560 million-US$595 million this year. ...
Thursday, 23 June 11
DRY BULK MARKET KEEPS EXHIBITING SIGNS OF WEAKNESS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be unable to climb at new highs this week, showing signs of weakness, across most ship types. Yesterday, the Baltic Dry ...
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Showing 5211 to 5215 news of total 6871 |
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- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
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