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Saturday, 23 July 11
FAR EAST /SE ASIA ROUTE GAINED US$ 3000 HIGHER THAN LAST WEEK - VISTAAR
COALspot.com - The BDI further softened to by 2.22 pct and closed at 1323 points. The Cape and Panamax index also softened and closed at 1841 points (down by 4.01 pct) and 1535 points(down by 2.78 points) respectively. The Supramax index remained unchanged and the handy size index was up by 1 point.
The Supramax rates far east /se asia seemed to have firmed with ships reported fixed around US$ 16000-17000 per day delivery Singapore for trip via Indonesia to India, which is at least about US$ 3000 per day higher than last week. With the bunker prices also firm at around US$ 675 pmt is likely to have affect in the freight rates from Indonesia.
The iron ore prices continuing to be firm and seem to firm and the coal move also strong the freight market is likely to remain steady/firm in the coming weeks. The average charter rates was at Cape/US$ 11502 per day , Panamax/US$ 12603 per day , Supramax/US$ 13292 per day and Handy size/US$ 10280 per day.
The Supramax index in the feast (S6 route) was up by 2.01 pct and closed at US$ 9686 per day (last week US$ 9495 per day). The EC India/China (S7 route) also softened by 0.06 pct and closed at US$ 8838 per day (last week US$ 8844 per day). The S6 and S7 routes likely to be steady next week.
The futures for three years (2011-2013) was at around Cape/US$ 15000 per day, Panamax/US$ 13500 per day, Supramax/US$ 13500 per day , Handy size/US$ 10000 per day.
The congestion in EC Australia reduced to 61 vessels this week (last week 66 vessels). The vessels waiting at main coal loading ports were at Hay point/10, DBCT/19, Gladstone/8, Abbot Point/Nil, New Castle/30, Port Kembla/1 vessels. On the WC Australia iron ore vessels waiting almost at same levels at 41 vessels (last week 23 vessels).
Waiting at Indian ports were normal about 2/3 days except for Vizag where waiting was around 7/8 days.
The Brent crude oil prices slightly down by 0.75 pct and closed at US$ 118.55 per barrel (last week US$ 117.66 per barrel). Bunker prices increased sharply by US$ 17 pmt and closed at US$ 676.00 pmt (last week US$ 659.00 pmt) for IFO 380 cst ex Singapore on 22nd 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, 17 August 11
TAVESCO KILLARA ENERGY TO ACQUIRE COAL CONCESSIONS IN EAST KALIMANTAN
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...
Wednesday, 17 August 11
BUMI'S H1 UNDERLYING OPERATING PROFIT $62 MILLION
COALspot.com - Bumi PLC , posted underlying first-half operating profit of $62 million and production at PT Bumi Resources and PT Berau increased to ...
Wednesday, 17 August 11
SHIP OWNERS COULD FACE PAIN ON THE BACK OF GLOOMY ECONOMYS PREDICTIONS - HELLENIC SHIPPING
The latest market turmoil, coupled with the renewed risk of a global recession could very well signal more troubled times for ship owners of all shi ...
Tuesday, 16 August 11
CHALLENGER ENTERED INTO CSPA WITH PELANGI KERTANEGARA TO ACQUIRE 100% STAKE
COALspot.com - Challenger Deep Resources Corp., through its wholly owned subsidiary, P.T. Bestindo Energy, has exercised its option to purchase an a ...
Monday, 15 August 11
ADARO ENERGYS NET INCOME MORE THAN DOUBLES IN FIRST HALF 2011
COALspot.com - Indonesian’s second largest coal producer, Adaro Energy, booked net profit US$ 268 million in the first half 2011, rose two-fol ...
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- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
- Parliament of New Zealand
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- The University of Queensland
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Australian Coal Association
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
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