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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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Thursday, 19 January 12
14TH VOGP MEETING IN HO CHI MINH CITY HANDS OUT LATEST UPDATES AND DEVELOPMENTS IN VIETNAM'S ENERGY INDUSTRY
Press Release: At upcoming 14th Vietnam Oil Gas Power on 27-28 Feb in Ho Chi Minh City the industry’s most influential names including Petrovi ...
Thursday, 19 January 12
DELTA DUNIA SEALS US$820 MIO CONTRACT INSIDER STORIES
Insider Stories reported that, PT Delta Dunia Makmur Tbk (DOID) has announced that its primary operating subsidiary, PT Bukit Makmur Mandiri Utama ( ...
Wednesday, 18 January 12
WARM WINTER ACROSS EUROPE HAS IMPACTED NEGATIVELY COAL DEMAND - BRS
With the Chinese New Year just a week away, all markets are slowing down. The drop in freight rates for all sizes has been significant over the past ...
Wednesday, 18 January 12
DRY BULK MARKET'S DRAMA CONTINUES IN START OF NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of newbuilding deliveries, coupled with a slow start to the new year, a typical trend for the dry bulk market, has led the industry's benc ...
Monday, 16 January 12
BUMA MINED 2.7 MILLION TONS COAL LAST MONTH
COALspot.com - BUMA has mined 2.7 million tons (-14.1% YoY) coal last month and removed 25.8 million bcm (-5.6% YoY) overburden, according to compan ...
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Showing 4881 to 4885 news of total 6871 |
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- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Parliament of New Zealand
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- PTC India Limited - India
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Ministry of Transport, Egypt
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
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