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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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- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
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