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Sunday, 12 August 12
COAL FREIGHT RATES FALL FLAT TO SOFT ON OVERSUPPLY, WEAK DEMAND - VISTAAR SINGAPROE
COALspot.com - The BDI continued its fall 10th August.
This week all segments were down including BDI down by 9.15 pct closing at 774 points .The cape index was also down by 2.58 pct closing at 1169 points. The biggest drop was in Panamax and Supramax sector which was down by almost 11 pct closing at 814 points and 886 points respectively. The handy size index was also down by 3.80 pct closing at 531 points.
The Supramax freight market was soft from Indonesia to India and vessels were trading around US$ 6000 delivery South China for trip to India. Short Period charter rates for Supramax and Panamax was around US$ 9000 per day.
The dry shipping market is expected to soft at least for the next couple of weeks.
The average charter rates was at Cape/US$ 3852 per day , Panamax/US$ 6483 per day , Supramax/US$ 9264 per day and Handy size/US$ 7699 per day.
The futures for three years (2012-2015) was at around Cape/US$ 14000 per day, Panamax/US$ 10500 per day, Supramax/US$ 10500 per day , Handy size/US$ 8500 per day.
The supramax index in the far east (S8 route) was down by 7.20 pct and closed at US$ 6635 per day (last week US$ 7150 per day) and S7 route was down by 5.55 pct and closed at US$ 5330 per day (last week US$ 5643 per day) . Both routes likely to be soft next week.
The congestion in EC Australia was at 78 vessels this week (last week 74 vessels). The vessels waiting at main coal loading ports were at Hay point/1, DBCT/15, Gladstone/6, Abbot Point/4, New Castle/44, Port Kembla/4 vessels. On the WC Australia iron ore vessels waiting was at 47 vessels (last week 44 vessels).
The Brent crude oil prices was up by 4.19 pct closing at US$ 113.45 per barrel (last week US$ 108.89 per barrel). The bunker prices were slightly up closing at US$ 657.50 (last week US$ 632.50 pmt) for IFO 380 cst ex Singapore on 10th August 2102.
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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Saturday, 14 July 12
FREIGHT MARKET SEEMS TO BE QUITE VOLATILE - VISTAAR
COALspot.com - The market seems to be quite volatile with the trend changing almost every week. This week all the segments were down except for Pana ...
Friday, 13 July 12
TRANSCOAL MINERGY HAS RECEIVED PMA STATUS IN INDONESIA
COALspot.com - PT Transcoal Minergy (“TCM”) has received official foreign owned company status from the Capital Investment Coordinating ...
Thursday, 12 July 12
LACK OF CAPESIZE DEMAND DRAGS DRY BULK MARKET LOWER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A lack of demand for the larger Capesize dry bulk carriers had as a result the fall of the industry’s benchmark, the BDI (Baltic Dry Index), w ...
Thursday, 12 July 12
RIO TINTO'S SENIOR MANAGEMENT CHANGES
COALspot.com - Rio Tinto is making changes to its senior management team as chief financial officer (CFO) Guy Elliott has decided to retire at the e ...
Thursday, 12 July 12
SOUTHGOBI RESOURCES ANNOUNCES NOTICE OF INVESTMENT DISPUTE FILED AGAINST MONGOLIAN GOVERNMENT
Press Release - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi”) announced today that SGQ Coal Investment Pte. Ltd., a wholly ...
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Showing 4656 to 4660 news of total 6871 |
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- Rio Tinto Coal - Australia
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- The University of Queensland
- Bhatia International Limited - India
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- VISA Power Limited - India
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