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Saturday, 17 December 11
THE FREIGHT MARKET SEEMS TO HAVE ALMOST BOTTOMED OUT AND MAY REMAIN STEADY AT THESE LEVELS CAPT REDDY
COALspot.com - The BDI and Cape index closed lower this week with BDI closing at 1,888 points (down by 1.76 pct) and Cape index at 3,572 points (down by 3.38 pct).
However the Panamax index was up by 3.62 pct closing at 1,775 points. The Supramax and handy size index closed lower this week and was down by 3.00 pct closing at 1,193 points and 2.32 pct respectively closing at 588 points respectively.
"The freight market seems to have almost bottomed out and may remain steady at these levels," said Capt. reddy, Director of Vistaar Shipping SIngapore..
Supramax delivery N. China for trips via Indonesia were reported around $ 7,000 per day. Short Period charter rates for Panamax and Supramax was around $ 12,500 per day.
The average charter rates was at Cape/$ 31,480 per day , Panamax/$ 14,183 per day , Supramax/$ 12,476 per day and Handy size/$ 8,425 per day.
The Supramax index in the feast (S6 route) was down by 0.89 pct and closed at $ 6,565 per day (last week $ 6,624 per day). The EC India/China (S7 route) was also down by 0.25 pct and closed at $ 6,783 per day (last week $ 6,800 per day). The S6 and S7 route likely to remain soft next week.
The futures for three years (2011-2013) was at around Cape/$ 17,500 per day, Panamax/$ 13,000 per day, Supramax/$ 12,500 per day , Handy size/$ 9,500 per day.
The congestion in EC Australia decreased to 117 vessels this week (last week 122 vessels). The vessels waiting at main coal loading ports were at Hay point/5, DBCT/15, Gladstone/11, Abbot Point/4, New Castle/70, Port Kembla/9 vessels. On the WC Australia iron ore vessels waiting slightly increased to 34 vessels (last week 27 vessels).
The Brent crude oil prices was down by 4.64 pct and closed at $ 103.83 per barrel (last week $ 108.88 per barrel). Bunker prices was also soft and closed at $ 647.50 pmt (last week $ 650.50 pmt) for IFO 380 CST ex.Singapore on 16th Dec 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, 29 December 11
NEW VESSELS DELIVERED ARE FLOODING THE OCEANS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As expected 2011 has been the year that newbuilding deliveries peaked and kept "flooding" the market, thus supressing freight rates and er ...
Tuesday, 27 December 11
MINERS MAKE CASE FOR RESUMING CONTRACT NEGOTIATIONS - THE JAKARTA POST
The Jakarta Post reported that, problems with the renegotiation of mining contracts in the country are far from over, as agreements on several cruci ...
Tuesday, 27 December 11
COAL SHIPMENT OF TIANJIN PORT REACHED 6.72 MLN TONNES IN NOVEMBER - STEEL HOME / HELLENIC SHIPPING
Tianjin port shipped 6.72 million tonnes of coal in November, decreasing 600,000 tonnes versus 7.32 million tonnes in October, while up 21.09% or 1. ...
Tuesday, 27 December 11
NEW CLAUSE PUBLISHED FOR SLOW STEAMING - BIMCO
Many owners and operators faced with high bunker prices are considering implementing slow steaming regimes to save fuel and to assist with capacity ...
Monday, 26 December 11
NEW EXPORT TAX PLAN GREETED WITH PRAISE AND CRITICISM - THE JAKARTA POST
The Jakarta Post, one of the Indonesia's leading english news paper reported that, both praise and criticism showered the government’s plan t ...
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Showing 4911 to 4915 news of total 6871 |
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- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- The University of Queensland
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Australian Coal Association
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Formosa Plastics Group - Taiwan
- Parry Sugars Refinery, India
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- White Energy Company Limited
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