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Sunday, 15 January 12
THE FREIGHT MARKET CONTINUED TO BLEED - VISTAAR
COALspot.com - "The markets continued to bleed with BDI touching almost 1000 points , almost reaching the collapse of 2008 levels," said Capt. Reddy director of Vistaar Shipping SIngapore.
The main reason has been the big drop of the Cape size index which has been dropping continuously for last few weeks with the index closing at 1,723 points and average charter rates at US$ 9,116 per day.
The Panamax and Supramax index also dropped drastically by 17.76 pct and 12.68 pct , whereas the handy size index dropped only by 4.65 pct. It seems the markets may continue to remain soft at least until the Chinese New year holidays over and may expect some correction from Feb 2012 onwards. However the overall sentiment for charter rates for 2012 including futures is quite soft.
Supramax delivery South China for trips via Indonesia were reported around US$ 6,000 per day. Short Period charter rates for Panamax and Supramax was down to around US$ 10,500-11,000 per day.
The average charter rates was at Cape/US$ 9,116 per day , Panamax/US$ 10,076 per day , Supramax/US$ 10,154 per day and Handy size/US$ 7,779 per day.
The futures for three years (2012-2014) was at around Cape/US$ 16,000 per day, Panamax/US$ 12,500 per day, Supramax/US$ 12,000 per day , Handy size/US$ 9,500 per day.
The Supramax index in the feast (S6 route) closed at US$ 6,245 per day (last week US$ 6,608 per day) and S7 route closed at US$ 6,525 per day (last week US$ 6,795 per day) . S6 and S7 route likely to remain soft next week also.
The congestion in EC Australia decreased to 94 vessels this week(last week 99). The vessels waiting at main coal loading ports were at Hay point/5, DBCT/19, Gladstone/18, Abbot Point/Nil, New Castle/53, Port Kembla/7 vessels. On the WC Australia iron ore vessels waiting was at 33 vessels.
The Brent crude oil prices closed at 110.43 per barrel and bunkers prices closed at US$ 732.50 pmt for IFO 380 CST ex Singapore on 13th Jan 2012.
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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Tuesday, 24 January 12
BUKIT ASAM FY11 NET PROFIT SURGES 50% - INSIDER STORIES
Insider Stories reported that, the state-controlled PT Bukit Asam Tbk (PTBA) estimated to book Rp3 trillion (approximately US$ 335,570,469) net prof ...
Sunday, 22 January 12
FREIGHT MARKET DROPPED TO THE LOWEST LEVEL SINCE 2008
COALspot.com - "The markets continued to soften almost reaching 2008 levels breaking the 1,000 point mark", said Capt. Reddy of Vistaar Sh ...
Saturday, 21 January 12
ASIAS PREMIER COMPREHENSIVE OPEN CUT MINING CONFERENCE SCHEDULED FOR FEBRUARY 2012
As the only such conference in the region for miners and service providers, IBC Asia’s Open Cut Mine Planning & Operational Excellence con ...
Saturday, 21 January 12
COAL MARKETS CELEBRATES A DECADE OF BRINGING BUYERS & SELLERS TOGETHER
In 2012, IBC Asia’s premier Coal Markets conference series – Asia’s only globally focused coal import, export and supply chain eve ...
Saturday, 21 January 12
SAMIN TAN COMPLETES BUMI PLC TAKEOVER - INSIDER STORIES
Insider Stories reported that, Indonesian coking coal miner PT Borneo Lumbung Energi & Metal Tbk (BORN), that is controlled by stellar businessm ...
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Showing 4876 to 4880 news of total 6871 |
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- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- White Energy Company Limited
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
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