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Saturday, 29 October 11
INDONESIA TO INDIA FREIGHT LIKELY TO REMAIN SOFT
COALspot.com - The market continued to slow down and all segment were down this week.
The biggest drop was in the Cape Index down by 8.19 pct followed by Panamax index down by 4.29 pct. The Supramax and handy size index was marginally down by about 1 pct. The BDI was down by 6.27 point and closed at 2,018 points.
“The short period rates for Panamax remained firm at around $ 14,000 per day. However no short period candidates reported on Supramax”, said Capt. Reddy, Director of Vistaar Shipping Singapore. Vistaar shipping is an experienced ship operator, operating out of Singapore.
Charter rates for Supramax delivery N. China for trips via Indonesia were reported around $ 9,000-10,000 per day. The freight rate from Indonesia to India likely to remain soft next week.
According to Vistaar Shipping of Singapore, the average charter rates was at Cape/$ 28,214 per day , Panamax/$ 15,521 per day , Supramax/$ 16,155 per day and Handy size/$ 11,254 per day.
The Supramax index in the feast (S6 route) was down by 10.30 pct and closed at $ 12,086 per day (last week $ 13,474 per day). The EC India/China (S7 route) was also down by7.92 pct and closed at $ 10,142 per day (last week $ 11,015 per day). The S6 and S& route likely to remain soft next week.
The futures for three years (2011-2013) was at around Cape/$ 16,000 per day, Panamax/$ 13,500 per day, Supramax/$ 13,500 per day , Handy size/$ 10,500 per day.
The congestion in EC Australia increased to 100 vessels this week (last week 92 vessels). The vessels waiting at main coal loading ports were at Hay point/7, DBCT/22, Gladstone/12, Abbot Point/Nil, New Castle/49, Port Kembla/9 vessels. On the WC Australia iron ore vessels waiting was at 37 vessels (last week 44 vessels).
The Brent crude oil prices was almost at same level and closed at $ 110.05 per barrel (last week $ 109.75 per barrel). However bunker prices moved up by almost $ 20 pmt and closed $ 692.00 pmt (last week $ 674.50 pmt) for IFO 380 CST ex Singapore on 28th Oct 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, 12 October 11
CAPESIZE - A SURPRISE JUMP IN RATES - BRS
There was a surge across all sizes last week, resulting in the BDI gaining 101 points to end the week at 2,000 points (+5.3%). The BCI reached 3,218 ...
Wednesday, 12 October 11
CAPESIZE FREIGHT RATES BOUND TO RETREAT FROM 2011 HIGHS ON THE BACK OF TONNAGE OVERSUPPLY SAYS BIMCO
According to Nikos Roussanoglou, Hellenic Shipping, with the BDI (Baltic Dry Index) breaking yet another 2011 high yesterday and ending the se ...
Tuesday, 11 October 11
GLENCORE, SUITOR FOR BUMI PLC? - INSIDER STORIES
Insider Stories reported that, the largest commodities trader in the world, Glencore International Plc, is considering an opportunity to acquire a m ...
Tuesday, 11 October 11
RENUKA COALINDO BUYS JAMBI COAL
PT Renuka Coalindo Tbk, formerly PT Allbond Makmur Usaha Tbk plans to acquire PT Jambi Prima Coal holder of mining concession in Pauh, Sa ...
Monday, 10 October 11
MOZAMBIQUE CHANNEL TO BE THE NEW PIRACY HOTSPOT FOR THIS YEAR SAYS MARITIME SECURITY EXPERT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Mozambique Channel, as well as the entrance to the Persian Gulf, are expected to become some of the new pirate hotspots for piracy, says Richard ...
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- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Ministry of Mines - Canada
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Electricity Authority, New Zealand
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- VISA Power Limited - India
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
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