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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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Friday, 02 December 11
DRY BULK CARRIERS BACK IN THE SPOTLIGHT AS MARKET SPEEDS UP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the tanker and container markets suffering dearly, it seems that the tide has once again turned in favor of the dry bulk carriers, despite over ...
Thursday, 01 December 11
DRY BULK MARKET RISES TO NEW HEIGHTS ON RENEWED DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on rising this week, with the industry’s benchmark, the Baltic Dry Index (BDI) climbing to 1,846 points on Wednes ...
Tuesday, 29 November 11
SOUTH AFRICAN COAL INTO CHINA, THE ACTIVITY WAS SLOW - BRS
Capesize
The Capesize market in Atlantic stayed pretty firm last week with transatlantic rounds being fixed in the high twenties. Sentiment was les ...
Tuesday, 29 November 11
GOLDEN GATE BRIDGE OF INDONESIA COLLAPSED AT KUKAR, EAST KALIMANTAN
COALspot.com - A suspension bridge in Indonesia’s east Kalimantan province over the Mahakam river collapsed on Saturday, killing at least elev ...
Tuesday, 29 November 11
BUKIT ASAM SCOUTS RP3 TRILLION PROFIT - INSIDER STORIES
The state-controlled coal miner PT Bukit Asam Tbk (PTBA) expects to post a Rp3 trillion net income this year, reaching its target which is 50% above ...
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- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Indian Energy Exchange, India
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- Karaikal Port Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- VISA Power Limited - India
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
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