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Sunday, 28 August 11
FREIGHT MARKET COULD BE FIRM NEXT MONTH - VISTAAR
COALspot.com - The freight market continued the upward trend first half of the week . However, towards the end of the week lost momentum and the BDI, BCI started to fall down. Overall there were gains with BDI up by 5.40 pct and closing at 1541 points also the Cape index was up by 5.68 pct and closed at 2346 points.
Panamax index was up by only 2.66 pct and closed at 1651 points, whereas Supramax index was up by 3.66 pct and closed at 1387 points. The handy size index also was up by about 3 pct and closed at 667 points.
"Due to major holidays in Indonesia, the shipments may start only after 3rd September", said Capt. Reddy, MD of Vistaar Shipping.
"There will be quite few shipments booked in September and October, and the demand for vessels will be expected to high during Sept & Oct and freight market also could be firm", he furher said.
According to Vistaar shipping singapore, the average charter rates are at Cape/US$ 16,716 per day , Panamax/US$ 13,214 per day , Supramax/US$ 14,508 per day and Handy size/US$ 9,870 per day.
The Supramax index in the feast (S6 route) was up by 6.82 pct and closed at US$ 12,673 per day (last week US$ 11,864 per day). The EC India/China (S7 route) was also up by 3.05 pct and closed at US$ 11,215 per day (last week US$ 10,883 per day). The S6 and S7 routes likely to be firm next week.
The futures for three years (2011-2013) was at around Cape/US$ 15,000 per day, Panamax/US$ 13,500 per day, Supramax/US$ 13,500 per day , Handy size/US$ 10250 per day.
The congestion in EC Australia increased to 73 vessels this week (last week 80 vessels). The vessels waiting at main coal loading ports were at Waypoint/9, DBCT/16, Gladstone/13, Abbot Point/Nil, New Castle/30, Port Kembla/5 vessels. On the WC Australia Iron ore vessels waited increased to 29 vessels (last week 42 vessels).
Waiting at Indian ports were normal about 2/3 days except for Vizag, Kandla and Paradip where, waiting was around 7-10 days.
The Brent crude oil prices slightly up by 1.87 pct and closed at US$ 111.07 per barrel (last week US$ 109.03 per barrel). Bunker prices remained at same levels as last week and closed at US$ 659.00 pmt (last week US$ 636.50 pmt) for IFO 380 CST ex-Singapore on 26th August 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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Saturday, 03 September 11
FEW SHIPS REPORTED FIXED FROM INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued the upward trend during last week with BDI up by about 13 pct closing at 1,740 points and cape index up ...
Saturday, 03 September 11
TNPL TO BUY 240K MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure 240,000 MT +/- 5 percent of non-coking imported coal with ...
Friday, 02 September 11
CAPESIZE DEMAND LIFTS DRY BULK MARKET ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what proves to be the best week of the year for Capesize owners, strong demand has helped propel the dry bulk market to new highs yesterday. The ...
Thursday, 01 September 11
EWP TO BUY 195KT OF VIETNAM COAL
COALspot.com - Korea Midland Power (KOMIPO) has issued an International open bidding for 490kt of sub bituminous coal, according to a bid invitation ...
Thursday, 01 September 11
DRY BULK MARKET TAKES GREAT LEAP FORWARD - NIKOS ROUSSANOGLOU
In what turned out to be a rather hopeful ending of the month, the last day of August saw the dry bulk market’s benchmark, the BDI (Baltic Dry ...
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- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- The University of Queensland
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Economic Council, Georgia
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Kartika Selabumi Mining - Indonesia
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
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