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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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Friday, 18 November 11
MMTC SEEKS 1.365 MMT OF IMPORTED COAL
COALspot.com - India's MMTC, the largest trading company of India and a major trading company of Asia, has issued a term supply tender for 1.365Mt ...
Friday, 18 November 11
KPC, ARUTMIN OUTPUT REACHED 47.1 MIO TONS - INSIDER STORIES
PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia, reported 47.1 million tons of coal production in 9M 2011, according to Indiser Stories.
Insi ...
Friday, 18 November 11
THE ATLANTIC SUPRAMAX MARKET EXPERIENCED A STEADY AND FIRM TENDENCY
Handy
The Atlantic Supramax market experienced a steady and firm tendency this week. Especially the North Atlantic and Mediterranean position ...
Friday, 18 November 11
BERAU COAL 9M PROFIT SOARS 194.46% - INSIDER STORIES
Insider Stories reported that, PT Berau Coal Energy Tbk (BRAU), which is 84.7% owned by Bumi Plc, reported a 194.46% jump in net profit by end of Se ...
Thursday, 17 November 11
DRY BULK MARKET INCHES FORWARD AND INTO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market edged higher yesterday, on the back of stronger demand for Capesize vessels and general improvement of sentiment on most of the ...
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Showing 4971 to 4975 news of total 6871 |
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- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- VISA Power Limited - India
- MS Steel International - UAE
- Marubeni Corporation - India
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Economic Council, Georgia
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Rio Tinto Coal - Australia
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
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