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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 Shipping Singapore. The BDI dropped further by 18 pct closing at 862 points and the cape index was down by 9.81 pct closing at 1554 points.
The biggest drop was in the Panamax and Supramax sector which was down by 19.30 pct closing at 1,020 points and 16.48 pct closing at 807 points. The handysize index also dropped by 9 pct this week closing at 485 points.
Reddy furher said, "the markets seems has almost touched the lowest levels and likely to go up from here. The futures have already started to go up during later part of the week and looks after the Chinese New year holidays the markets likely to firm up."
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$ 8,000 per day.
The bunker prices continued to remain firm and was at US$ 740.00 pmt for IFO 380 cst ex.Singapore on 20th Jan 2012.
The average charter rates was at Cape/$ 6,688 per day , Panamax/S 8,131 per day, Supramax/$ 8,441 per day and Handysize/$ 7,115 per day.
The futures for three years (2012-2014) was at around Cape/$ 16,000 per day, Panamax/$ 12,500 per day, Supramax/$ 12,000 per day , Handysize/$ 9,500 per day.
The supramax index in the far east (S6 route) closed at $ 5,728 per day (last week $ 6245 pday) dropped $ 517 and S7 route closed at $ 6082 pday (last week $ 6,525 per day) dropped $ 443/day . S6 and S7 route likely to remain steady/firm next week.
The congestion in EC Australia decreased to 85 vessels this week(last week 94). The vessels waiting at main coal loading ports were at Haypoint/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 53 vessels (last week 33).
The brent crude oil prices closed at 110.25 per barrel and bunkers prices closed at $ 740.00 pmt for IFO 380 cst ex.Singapore on 20th 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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Wednesday, 22 February 12
RAW COMMODITY EXPORT BAN SPARKS SMELTER BUILDING BOOM IN INDONESIA ANTARA / THE JAKARTA GLOBE
Antara / The Jakarta Globe reported that, as the government gears up to ban all exports of unprocessed commodities, Indonesia will see 12 new ...
Tuesday, 21 February 12
THREAT ISSUED ON MINERAL FIRMS AS GOVT PLANS EXPORT BAN - THE JAKARTA POST
The Jakarta Post, one of the leading english news papaer in Indonesia reported that, the government has given mineral producers three months to subm ...
Monday, 20 February 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU
The dry market experienced one more disappointing week with tonnage oversupply and limited cargo demand that pushes earnings for shipping players to ...
Monday, 20 February 12
JATENERGY SECURES FIRST 8000-TONNE COAL SALES CONTRACT FOR JONGKANG MINES
8000-tonne contract with Singaporean buyer signed for March delivery
50% down payment due in five working days
Production continues at both Jongka ...
Monday, 20 February 12
DIAN SWASTATIKA ACQUIRES ANDALAN LESTARI - INSIDER STORIES
Insider Stories reported that, PT Dian Swastatika Sentosa Tbk (DSSA), controlled by Fuganto Widjaja, son of Indra Widjaja, reported a 99.83% takeove ...
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- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- Planning Commission, India
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- McConnell Dowell - Australia
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Parliament of New Zealand
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
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