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Sunday, 13 November 11
BUNKER PRICES REMAINED FIRM
COALspot.com - The market seemed to recover this week with the BDI and Cape Index up.
The BDI was up by only about 2.86 pct closing at 1835 points, whereas the Cape index was up by 13 pct closing at 3150 points. The other segments were soft with Panamax index down by 4 pct closing at 1761 points and Supramax down by 7 pct closing at 1324 points. The handy size index was down by 7.3 pct closing at 675 points. If the Cape index continues to move up , we expect that the other segments also would recover next week.
Supramax delivery N. China for trips via Indonesia were reported around $ 8000-9000 per day. Short Period charter rates for Panamax reported at around $ 13000 per day and Supramax around $ 12000 per day.
“Even though the charter rates have been soft, the bunker prices have been firm which is keeping the freight fairly firm”, said Capt. Reddy of Vistaar Shipping Singapore. According to him, The average charter rates was at Cape/$ 27188 per day , Panamax/$ 14079 per day , Supramax/$ 13844 per day and Handy size/$ 9574 per day.
The Supramax index in the feast (S6 route) was down by 16.46 pct and closed at $ 8323 per day (last week $ 9964 per day). The EC India/China (S7 route) was also down by15.20 pct and closed at $ 7321 per day (last week $ 8633 per day). The S6 and S& route likely to remain soft next week.
The futures for three years (2011-2013) was at around Cape/$ 15500 per day, Panamax/$ 13000 per day, Supramax/$ 13000 per day , Handy size/$ 10500 per day.
The congestion in EC Australia decreased to 80 vessels this week (last week 89 vessels). The vessels waiting at main coal loading ports were at Hay point/4, DBCT/12, Gladstone/7, Abbot Point/Nil, New Castle/45, Port Kembla/9 vessels. On the WC Australia iron ore vessels waiting was at 47 vessels (last week 45 vessels).
The Brent crude oil prices was up and closed at $ 114.08 per barrel (last week $ 112.45 per barrel). Bunker prices also remained firm and closed at 709.50 pmt (last week $ 695.50 pmt) for IFO 380 CST ex Singapore on 11th Nov 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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Thursday, 20 October 11
BRACKEN INTERNATIONAL MINING LISTS ON FRANKFURT STOCK EXCHANGE
Press Release - Bracken International Mining (Code:1BM) listed on the Deutsche Börse’s Frankfurt Stock Exchange today at €1.00 with ...
Thursday, 20 October 11
CAPESIZES, SUPRAMAXES LEAD GAINS FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Struggling to find additional support, but still managing to post gains, the dry bulk market has stabilized itself on higher levels again yesterday, ...
Wednesday, 19 October 11
METALLURGICAL COAL PRICES TO DROP BELOW US$240/TONNE - WOOD MACKENZIE
Wood Mackenzie Says Metallurgical Coal Prices to Drop Below US$240/tonne by Q4 2012 But Long-term Demand Fundamentals Remain Robust
Wood Mackenzi ...
Wednesday, 19 October 11
SUPRAMAX MARKET WAS VERY FIRM LAST WEEK - BRS
With all sectors contributing positively, the BDI ended the week at 2,173 points (+8.6%), its highest level so far in 2011. The BCI stood at 3,587 ( ...
Wednesday, 19 October 11
ADARO ACQUIRES BUKIT ENIM ENERGI - INSIDER STORIES
Insider Stories reported that, Coal miner PT Adaro Energy Tbk, via its subsidiary dubbed PT Alam Tri Abadi, today revealed a 46% stake takeover of a ...
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- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- The University of Queensland
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