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Sunday, 29 July 12
FREIGHT MARKET MOMENTUM CONTINUES TO WEAK
COALspot.com - The freight market continued to soft this week with all the segments dropped and the BDI fell below 1,000 points and closed at 933 points down by 10.03 percent.
The cape index was down 5.25 percent and closed at 1,209 points. In the meantime, the Panamax and supramax indexes were fell by about 10 percent closing at 1,031 points and 1,069 points respectively.
The handy size index also joins its big sisters and fell by 8.37 percent and closed at 602 points.
The market is expected to be flat to soft next week also.
Indonesia to India Supramax market was soft this week and vessels were trading around $ 8,000 delivery South China. Short Period charter rate for Supramax was around $ 10,000 per day and for Panamax was around $ 9,000 per day. China – Indonesia – India freight rates are expected to be flat to soft next week.
The uncertainty still prevails with Euro zone crisis and the overall situation still remains gloomy”, said Capt. Reddy, director of Vistaar Shipping.
According to Vistaar Shipping Singapore, the average charter rates for Capes around $ 4,740 per day , Panamax $ 8,225 per day , Supramax $ 11,177 per day and Handy size/$ 8735 per day.
However the futures for three years (2012-2015) are Seems to be much higher than the current level. Three years futures for Cape ere around at $ 15,000 per day, Panamax $ 10,500 per day, Supramax $ 10,500 per day and Handy size $ 9,000 per day.
The supramax index in the far east (S8 route) was down by 12.40 percent and closed at $ 7,621 per day (last week it was at $ 8,700 per day) and S7 route was also down by 10.71 pct and closed at $ 6,041 per day (last week $ 6766 per day) . Both routes are likely to be soft next week.
The congestion in EC Australia was at 75 vessels this week higher than last week (last week 66 vessels). The vessels waiting at main coal loading ports in Australia were at Haypoint/4, DBCT/21, Gladstone/7, Abbot Point/2, New Castle/40, Port Kembla/1 vessels. Around 43 vessels were waiting at WC Australia iron ore load ports (last week 39 vessels).
The Brent crude oil prices were steady or little higher than last week. The bunker prices were slightly soft closing at $ 629.50 (last week $ 637.50 pmt) for IFO 380 cst ex Singapore on 27th July 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, 11 July 12
HBA DROPPED SHARPLY IN JULY
COALspot.com - Indonesian HBA fell to lowest level since September 2010 in July 2012. The monthly coal reference price for coal sales this mon ...
Wednesday, 11 July 12
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 1.26 PER TON
COALspot.com - Sub-Bit FOB Indonesia Coal decline for a second day yesterday, according to SGX AsiaClear OTC Coal Swaps. The prices for shipments to ...
Tuesday, 10 July 12
DRY BULK MARKET RECORDS MODEST GAINS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched a bit higher on Monday, with the Baltic Dry Index (BDI) ending the session up by 5 points to 1,162. Most markets were hig ...
Saturday, 07 July 12
INDONESIA-JAPAN RELATIONS TURN SOUR - THE JAKARTA POST
The Jakarta Post, the one of the leading Indonesian English new papers reported that, Bilateral relations between Indonesia and Japan have recently ...
Saturday, 07 July 12
EXCESS SUPPLY & WEAK DEMAND KEEP COAL PRICES LOW
COALspot.com - SGX AsiaClear OTC Coal Swaps for August and Q4 deliveries slipped slightly this week. SGX’s Indonesian sub-bituminous coal swap ...
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- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- MS Steel International - UAE
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Planning Commission, India
- Thai Mozambique Logistica
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
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