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Saturday, 25 August 12
FREIGHT RATES ARE EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - This week the indices showed some signs of improvement will all the segments moving up except for the handy size.
The BDI was marginally up by 3 points closing at 717 points. The Cape and Panamax index was up by about 2.7 pct closing at 1,124 points and 828 points respectively. The supramax index was up by 1.43 pct closing at 853 points. The handy size index continued to be soft and was down by 4.43 pct closing at 474 points.
The Supramax freight market was soft from Indonesia to India and Supramax vessels were trading around US$ 6,000 delivery South China and around US$ 8000 delivery SE Asia for trip to India. Short Period charter rates for Supramax and Panamax was around US$ 8,000-8,500 per day. The freight rates are expected to be steady next week.
The iron ore demand continues to be weak and compounded with excess tonnage with new deliveries is causing the market to be under pressure.
The average charter rates was at Cape/US$ 2,987 per day , Panamax/US$ 6,586 per day , Supramax/US$ 8,918 per day and Handy size/US$ 6,858 per day.
The futures for three years (2012-2015) was at around Cape/US$ 14,000 per day, Panamax/US$ 10,000 per day, Supramax/US$ 10,500 per day , Handy size/US$ 8,250 per day.
According to Vistaar Shipping Singapore, the supramax index in the far east (S8 route) was down by 3.20 pct and closed at US$ 6,345 per day (last week US$ 6,148 per day) and S7 route was down by 2.19 pct and closed at US$ 4,820 per day (last week US$ 4,928 per day) . “Both routes likely to be soft next week”, said, Capt. Reddy, director of Vistaar Shipping.
The congestion in EC Australia was at 76 vessels this week (last week 78 vessels). The vessels waiting at main coal loading ports were at Hay point/2, DBCT/16, Gladstone/1, Abbot Point/2, New Castle/57, Port Kembla/4 vessels. On the WC Australia iron ore vessels waiting was at 31 vessels (last week 47 vessels).
The Brent crude oil prices was almost at same levels as last week closed at US$ 113.36 per barrel (last week US$ 113.75 per barrel). The bunker prices was slightly up closed at US$ 677.50 (last week US$ 673.00 pmt) for IFO 380 cst ex Singapore on 24th 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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Wednesday, 29 August 12
COLOMBIA'S MINING BOOM: PART ONE - JOSEPH KIRSCHKE
COALspot.com - Colombia stands before one of the potentially largest, most diversified mining booms in the world. Untold reserves of gold, coal, cop ...
Wednesday, 29 August 12
SECOND HAND VESSELS IN HIGH DEMAND DESPITE SUMMER SEASON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Despite the slow summer season, ship owners appear to be rather keen in acquiring some modern second hand tonnage at "knock-down" prices. ...
Monday, 27 August 12
BUMI BOOKS $322.1 MILLION NET LOSS IN 1H 2012 IN SPITE OF 8.6 PERCENT INCREASE IN SALES REVENUE
PT Bumi Resources Tbk, the single largest coal producer and exporter in Indonesia announces its first half financial report for the ...
Monday, 27 August 12
OVER 200 FOREIGN COMPANIES AND ENERGY MAJORS EXPECTED AT 2ND MOGP SUMMIT IN YANGON
Singapore based CMT and Machinery & Solutions Co. Ltd (M&S) announce that the 2nd MOGP Summit will be held on 3-6 September at the Sedona ho ...
Sunday, 26 August 12
SOUTH AFRICAN COAL OVERVIEW
South Africa's indigenous energy resource base is dominated by coal.
Internationally, coal is the most widely used primary fuel, accounting for ...
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- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Planning Commission, India
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Xindia Steels Limited - India
- Parliament of New Zealand
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- MS Steel International - UAE
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
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