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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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Wednesday, 11 January 12
NEWBUILDING ORDERS DECLINE, AS SHIP OWNERS REALIZE OVERSUPPLY WILL "KILL" THEM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With 2012 now underway, it will be rather interesting to see how ship owners will play the "newbuilding ordering" card to their favor, as ...
Tuesday, 10 January 12
THE 4TH DEEPWATER ASIA CONGRESS 2012 WILL KICK OFF ON MAY 23 - 25
Press release - Based on the past three years’ success, SZ & W Group is excited to announce the 4th Deepwater Asia Congress will be held o ...
Monday, 09 January 12
2012: WHAT WILL IT BRING FOR THE DRY BULK MARKET? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A further increase in dry bulk demand could be the remedy for most of the industry's oversupply issues, together of course with the high level of s ...
Sunday, 08 January 12
ICICI OUTLOOK ON INDIAN POWER, MINING,CEMENT, AND SHIPPING SECTORS PERFORMANCE IN 2012
Broking firm, ICICIdirect (India) has come out with report on sectors outlook for 2012. IRIS has collated key highlights for each sector from ...
Sunday, 08 January 12
SUPRAMAX DELIVERY SOUTH CHINA FOR TRIPS VIA INDONESIA WERE REPORTED AROUND $ 7000 PER DAY - VISTAAR
Wish You a Very Happy and Prosperous New year 2012.
COALspot.com - The last report by us was on 16th Dec 2011 and because of holidays this would ...
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- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Semirara Mining Corp, Philippines
- The University of Queensland
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- White Energy Company Limited
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- PTC India Limited - India
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
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