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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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Monday, 04 June 12
MITRABAHTERA SUBSIDIARY SECURES CONTRACT FROM BERAU COAL - INSIDER STORIES
Insider Stories reported that, PT Mitra Alam Segara Sejati, a subsidiary that is 60% owned by PT Mitrabahtera Segara Sejati Tbk (MBSS), has secur ...
Sunday, 03 June 12
TTI ESTABLISHES COAL TRADING & MARKETING OFFICE
COALspot.com - TTI has officially established its coal trading, marketing-office in Jakarta, Indonesia. PT. Gunung Tinggi Coal is the TTI’s fi ...
Sunday, 03 June 12
FREIGHT MARKET CONTINUING ITS DECLINE
COALspot.com - The BDI continued to fall for the fifth straight week and the BDI fell by 2.57 pct this week closing at 904 points.
The Cape Size ...
Friday, 01 June 12
TNPL HAS SECURED 300K MT OF 6000 GAD COAL AT US$ 81 CNF TUTICORIN
COALspot.com - An India based coal trader Adani has offered the lowest price of US$ 81.00 per metric ton for calorific value of 6000 GAD and 15 perc ...
Friday, 01 June 12
COKAL ACCEPTED ON THE CLEAN AND CLEAR LIST FOR ITS BORNEO BARA PRIMA AND BUMI BARITO MINERAL PROJECTS
- Borneo Bara Prima (BBP) Project confirmed on the Clean and Clear List 9th May 2012
- Bumi Barito Mineral (BBM) Project confirmed on the Clean and ...
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Showing 4706 to 4710 news of total 6871 |
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- White Energy Company Limited
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
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