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Sunday, 25 September 11
THE CHARTER RATES FOR INDONESIA TO INDIA WAS FIRM - VISTAAR
COALspot.com - The freight market moved up sharply with the cape Index up by 11 pct pushing the BDI by almost 6 pct and closing at 1,920 points. However the Panamax was down by 6 pct closing at 1,641 points. The Supramax and handy size index moved up slightly by about 2 pct and closing at 1,479 points and 687 points respectively.
“The short period rates remained firm and Supramax vessels reported fixed around $ 15,000 per day”, said Capt. Reddy, MD of Vistaar Shipping Singapore.
The charter rates for Indonesia to India was firm with charter rates for vessels delivery South China around $ 15,000 per day, whereas vessel with delivery SE Asia were fixed around $ 18,000 per day. The Panamax short period rates were reported around $ 13,000 per day.
The India to Far east market iron ore movement remained weak. The coal imports to India out of Indonesia likely to pick up coming weeks. However with the uncertainty in the global financial markets and commodity prices it will be interesting to see whether the shipping market will be affected.
The average charter rates was at Cape/$ 28,888 per day , Panamax/$ 13,142 per day , Supramax/$ 15,460 per day and Handy size/$ 10,194 per day.
The Supramax index in the feast (S6 route) was up by 3.12 pct and closed at $ 13,363 per day (last week $ 12,958 per day). The EC India/China (S7 route) was up by 0.95 pct and closed at $ 11,470 per day (last week $ 11,362 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/$ 16,500 per day, Panamax/$ 14,000 per day, Supramax/$ 14,000 per day , Handy size/$ 10,500 per day.
The congestion in EC Australia increased to 78 vessels this week (last week 60 vessels). The vessels waiting at main coal loading ports were at Hay point/3, DBCT/18, Gladstone/21, Abbot Point/Nil, New Castle/31, Port Kembla/5 vessels. On the WC Australia iron ore vessels waiting was at 52 vessels (last week 28 vessels).
Waiting at Indian ports were normal about 2/3 days except for Vizag, Kandla and Paradip where waiting was around 8-10 days.
The Brent crude oil prices dropped by almost $ 10 per barrel and closed at $ 103.96 per barrel (last week $ 112.12 per barrel). Bunker prices also softened and closed $ 644.00 pmt (last week $ 674.50 pmt) for IFO 380 CST ex Singapore on 23rd 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, 05 October 11
WITH CHINA ON HOLIDAY, DRY BULK MARKET REMAINS STAGNANT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has remained to healthy levels after last month’s rally, but with China going on holiday this week, things are looking sta ...
Tuesday, 04 October 11
INDONESIA RAISES COAL BENCHMARK (HBA) FOR FIRST TIME IN 4 MONTHS
COALspot.com - Indonesia raised the monthly reference price for sales in October by 2.56 percent, the first increase since June.
The Ministry of ...
Tuesday, 04 October 11
COAL MINING GROUP WANTS EXPORT TAX, NOT EXCISE - JG
One of the leading English news paper in Indonesia, The Jakarta Globe reported that, the government shall reimpose a duty on coal exports, classifyi ...
Sunday, 02 October 11
INDIAN COAL IMPORTS PICKED UP - CAPT. REDDY
COALspot.com - The BDI dropped by 1 pct and Cape index dropped by 6 pct closing at 1,899 points and 3,136 points respectively. However all other seg ...
Saturday, 01 October 11
2012 TO BE ANOTHER CHALLENGING YEAR - CEO, REMI MARITIME
Shipowners are facing another challenging year in 2012 said Mr. Leonidas Polemis CEO of Remi Maritime Corporation, urging caution towards operating ...
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- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Bukit Asam (Persero) Tbk - Indonesia
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