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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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Saturday, 24 December 11
CHINAS LEVEL OF GROWTH TO DETERMINE COURSE OF DRY BULK MARKET IN 2012 SAYS SHIPBROKER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest report, shipbroker Intermodal attempted to find a silver lining in the tough year that was 2011, as well as what one could expect from ...
Friday, 23 December 11
SPOT PACIFIC CAPESIZE VESSELS HAVE COMMANDED HIGH PREMIUMS - FEARNLEYS
Handy
Rates in the Atlantic kept stable from last week, with a touch of negativity closer to the end. Less spot cargoes seen, and owners are ...
Friday, 23 December 11
CONTENTIOUS ISSUES IN CONTRACT RENEGOTIATION - THE JAKARTA POST
The government has been renegotiating mining contracts, especially those 30-40 years old, with almost all mining companies, including PT Freeport In ...
Friday, 23 December 11
LANCO JOINS HANDS WITH BUKIT ASAM FOR INDONESIAN POWER PROJECT
COALspot.com - PT Tambang Batubara Bukit Asam, Indonesia's state owned coal miner and Indian based Lanco Infratech Ltd plans to build steam power p ...
Thursday, 22 December 11
RI WILL NOT PLAY CATCH-UP WITH GLOBAL COAL DEMAND - THE JAKARTA POST
The Jakarta Post reported that, the International Energy Agency (IEA) has predicted in its Coal Market Report 2011 that over the next five years, gl ...
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Showing 4916 to 4920 news of total 6871 |
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- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- The University of Queensland
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
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