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Saturday, 22 September 12
SOFT BUNKER PRICES KEEP INDONESIA TO INDIA FREIGHTS STABLE - VISTAAR
COALspot.com - The freight market overall remained buoyant with all indices up except for Panamax index. The main effect seems to be increased shipment of iron ore into China. However the Panamax sector remained weak mainly due to weak Atlantic market and lack of cargoes. The short period activity reduced this week compared to previous week. The freight market is expected to be steady next week.
The BDI was up mainly due to jump in the Cape index. The BDI was up by 6.92 pct closing at 774 points and the cape Index was sharply up by 31.56 pct closing at 1584 points. In the meantime, the panamax index remained soft down by 6.97 pct closing at 467 points . The Supramax and Handysize index was almost at same levels closing at 847 points and 484 points respectively.
The Supramax freight market from Indonesia to India remained stable with softening of bunker prices. The freight rates from Indonesia is expected to be steady next week.
The average charter rates were at Cape/$ 7664 per day , Panamax/$ 3719 per day , Supramax/$ 8859 per day and Handysize/$ 7047 per day.
The futures for three years (2012-2015) was at around Cape/$ 13,500 per day, Panamax/$ 9,500 per day, Supramax/$ 10,000 per day , Handysize/$ 8,500 per day.
The supramax index in the feast (S8 route) was up by 3.96 pct and closed at $ 8,100 per day (last week $ 7791 per day) and S7 route was up by 6.92 pct and closed at $ 5084 per day (last week $ 4755 per day) . Both routes likely to be steady/firm next week.
The congestion in EC Australia was at 55 vessels this week (last week 56 vessels). The vessels waiting at main coal loading ports were at Haypoint/2, DBCT/9, Gladstone/5, Abbot Point/2, New Castle/32, Port Kembla/4 vessels. On the WC Australia iron ore vessels waiting was at 39 vessels (last week 36 vessels).
The Brent crude oil prices was down by 4.41 pct and closed at $ 111.59 per barrel (last week $ 116.74 per barrel). The bunker prices also softened and closed at $ 659.00 (last week $ 697.50 pmt) for IFO 380 cst ex Singapore on 21st Sept 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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Tuesday, 04 September 12
ORPHEUS SECURES ADDITIONAL SIGNIFICANT KINTAP COAL PROJECT IN SOUTH KALIMANTAN
COALspot.com - Indonesian coal producer, Orpheus Energy (ASX:OEG) has announced that it has secured a 50% equity ownership in an additional tenement ...
Monday, 03 September 12
SHIPOWNERS TO WAIT FOR FURTHER PRICE REDUCTIONS IN THE SECOND HAND VESSEL MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With September now upon us, shipbrokers are looking towards an interesting winter season, as ship owners are looking to capitalize on more second ha ...
Sunday, 02 September 12
ADAROS COAL ROYALTIES TO THE GOVERNMENT INCREASED BY 10.5 PERCENT Y-O-Y TO US$196.8 MILLION
COALspot.com - PT Adaro Energy Tbk (IDX: ADRO), the second largest power plant coal producer in Indonesia, announced its consolidated auditor-review ...
Saturday, 01 September 12
FALLING PRICES; BLEEDING MINERS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost 4.070 percent and 0.422 percent respectively on W-o-W and D- ...
Saturday, 01 September 12
PANAMAX FREIGHT RATES UNDER PRESSURE FROM LOW DEMAND - VISTAAR
COALspot.com - This week the freight market was weak with mixed results.
The BDI was down by 1.95 pct closing at 703 points, however there was so ...
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- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- White Energy Company Limited
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
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