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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 by 27 pct closing at 2,975 points. The major gain in the cape sector has been in the Atlantic where charter rates are up by US$ 10,000 in last one week and the average T/C hire closing at US$ 23,899 per day. The panama was marginally up by 1.2 pct and Supramax and handy size index up by about 0.5 pct.
According to Vistaar Shipping, an experienced ship operator from Singapore, the SE Asia market for coal shipments has been quite due to holidays in Indonesia and expect that the momentum would pick up from next week onwards. There were very few ships reported fixed from Indonesia to India with coal as the demand has been bit low.
The Supramax vessels delivery south china for trip to India were reported fixed at around US$ 13500-14000 per day and Panamax vessels were fixed around US$ 12,000 for similar run. Short period rates for Supramax fixed around US$ 14,000 per day and Panamax around US$ 13000 per day.
The average charter rates was at Cape/US$ 23,899 per day , Panamax/US$ 13,061 per day , Supramax/US$ 14,415 per day and Handy size/US$ 9,945 per day.
The Supramax index in the feast (S6 route) was slightly down by 1.54 pct and closed at US$ 12,477 per day (last week US$ 12,673 per day). The EC India/China (S7 route) was also down by 2.06 pct and closed at US$ 10,983 per day (last week US$ 11,215 per day). The S6 and S7 routes likely to be firm up next week.
The futures for three years (2011-2013) was at around Cape/US$ 16,000 per day, Panamax/US$ 13,500 per day, Supramax/US$ 13,500 per day , Handy size/US$ 10,250 per day.
The congestion in EC Australia increased to 77 vessels this week (last week73 vessels). The vessels waiting at main coal loading ports were at Hay point/3, DBCT/18, Gladstone/15, Abbot Point/3, New Castle/34, Port Kembla/4 vessels. On the WC Australia iron ore vessels waiting was at 30 vessels (last week 29 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 1.42 pct and closed at US$ 112.65 per barrel (last week US$ 111.07 per barrel). Bunker prices remained at same levels as last week and closed at US$ 663.00 pmt (last week US$ 659.50 pmt) for IFO 380 cst ex Singapore on 2nd Sept 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, 21 September 11
2ND ANNUAL SHALE GAS SUMMIT
2nd Annual Shale Gas Summit 31 October – 3 November 2011 JW Marriott Hotel, Hong Kong
According to a recent EI ...
Tuesday, 20 September 11
MTD INAUGURATES ITS COAL TERMINAL IN JAVA ISLAND
Press Release – MTD Group of Malaysia, one of prominent key players in the development of infrastructure in Malaysia, today inaugurated their ...
Tuesday, 20 September 11
DRY BULK MARKET LOSING ITS EDGE, RETREATING AT THE START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a surge during the past couple of weeks, which saw Capesize earnings boosted and the BDI (Baltic Dry Index) reaching levels of year high and c ...
Monday, 19 September 11
CHINA IMPORTS MORE THAN 10 MMT INDO COAL IN AUGUST 2011
COALspot.com - Indonesian coal exports dropped 1.642 million tons in August compared to July exports. Indonesia exports 29.662 million tons of coal ...
Monday, 19 September 11
INDOMOBIL ENTERING INTO COAL MINING BUSINESS
COALspot.Com- PT Indomobil Sukses Internasional Tbk, part of, one of Indonesia's largest conglomerates, to enter into mining industry ac ...
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- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- The University of Queensland
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Economic Council, Georgia
- Planning Commission, India
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
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