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Sunday, 13 January 13
THE FREIGHT MARKET: FAIRLY STEADY - VISTAAR
COALspot.com - The freight market was fairly steady with all the indices up with maximum gain in the Panamax segment. The BDI was up by 7.65 pct closing at 760 points and Cape size index was up by 6.38 pct closing at 1,367 points. The Panamax saw the maximum gain up by 15.22 pct closing at 772 points. The supramax and Handy size index was slightly up closing at 745 points (up by 0.81 pct) and 448 points (up by 0.45 points) respectively.
The demand for iron seems to have picked up and likely to continue until Chinese New year. The coal prices have been flat and the demand is still weak. Short period rates delivery far east for Panamax were at US$ 7500-8000 per day and Supramax rates were at US$ 8250 per day.
According to Vistaar shipping Singapore, the average charter rates was at Cape / US$ 6213 per day , Panamax / US$ 6123 per day , Supramax / US$ 7791 per day and Handy size / US$ 6667 per day.
The futures for three years (2013-2015) was at around Cape / US$ 13500 per day, Panamax / US$ 9000 per day, Supramax / US$ 9500 per day and Handy size / US$ 8000 per day.
The supramax index in the far east (S8 route) was soft and was down by 9.12 pct steady closing at US$ 7810 per day (last week US$ 8660 per day) . In the meantime, the S7 route was also down by 7.31 pct closing at US$ 4818 per day (Last week it was at US$ 5198 per day).
The freight market in this sector is expected to be steady/flat next week, Vistaar says.
The Brent crude oil prices was slightly down and closed at US$ 110.57 per barrel (last week US$ 111.45 per barrel). However the bunker prices closed higher at US$ 636.00 pmt (IFO 380 cst ex Singapore on 11th Jan 2013).
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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Friday, 08 February 13
NORTH P&I CLUB WARNS OF LIQUEFACTION RISK FOR BAUXITE CARGOES
The ‘A’ rated 170 million GT North P&I club has warned shipowners carrying bauxite aluminium ore cargoes that they have the potentia ...
Thursday, 07 February 13
CHINA NDRC APPROVED 10 BILLION YUAN POWER GENERATION PROJECTS
NDRC of China currently announced that some of power grid and power station in Jiangxu, Sichuan and Anhui Province would be newly constructed or ext ...
Thursday, 07 February 13
CAPESIZE : MORE ACTIVE WEEK IN THE PACIFIC - FEARNLEYS AS
Handy
The Atlantic market remained stable with no significant movement in rates. Rates from USG to FEast were around USD 18k and Black Sea to Feast ...
Thursday, 07 February 13
WEAK STEEL MARKET MEANS IRON ORE RALLY LIKELY TO END SOON - FITCH
The sharp rebound in iron ore prices over the last couple of months will hurt margins at non-integrated steel producers in the first quarter of 2013 ...
Tuesday, 05 February 13
THE SHIPPING SECTOR IS " NAVIGATING IN STORMY WATERS" - PWC
The vulnerabilities of the global economy have been exposed and have more than played their part in making 2011 one of the worst years of shipping i ...
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- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
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