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Sunday, 07 April 13
CHARTER RATES ARE UNDER PRESSURE DUE TO DECLINING DEMAND - VISTAAR
COALspot.com - The freight market continued to fall further with all the indices down.
The BDI was down by 5.38 pct closing at 861 points and the Cape index was down by 2.72 pct closing at 1,215 points. The panamax index was also down by 6.97 pct closing at 1,094 points and the supramax index was down by 3.39 pct closing at 912 points. The Handy size index was down by 4.02 pct closing at 525 points.
The charter rates are down with the decline in demand for grain cargoes from South America and Iron Ore to China. The low steam coal demand also keeping the charter rates under pressure.
The average charter rates was at Cape/US$ 4,261 per day , Panamax/US$ 8,755 per day , Supramax/US$ 9,533 per day and Handy size/US$ 7,797 per day.
The futures for three years (2013-2015) was at around Cape/US$ 14,000 per day, Panamax/US$ 10,000 per day, Supramax/US$ 10,000 per day , Handy size/US$ 9,000 per day.
The supramax index in the feast (S8 route) was sharply down by 11.68 pct and closed at US$ 9075 per day (last week US$10,275 per day) .The route S7 was also down by 3.45 pct closed at US$ 7,878 per day (Last week US$ 8,160 per day).
The freight market in this sector is expected to be flat to firm this week.
The Brent crude oil prices softened and was down by 5.36 pct closing at US$ 104.12 per barrel (last week US$ 110.02 per barrel). The bunker prices was lower and closed at US$ 620.50 pmt (IFO 380 cst ex Singapore on 5th April 2013).
Baltic Dry Index : Down
Cape index: Up
Panamax index : Down
Supramax index: Down
( as of 5 April 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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Wednesday, 20 February 13
BAKRIE GROUP LOOKS TO HAVE A CLEAR UPPER HAND - LUCKY ARIESANDI, CFA
The Bakrie-Rothschild saga is entering its final stage, with Bumi Plc (BUMI LN)’s holders to convene on 21 Feb at 11am GMT to vote on Nat Roth ...
Tuesday, 19 February 13
NEWCASTLE PORT SHIPPED 38.65 PERCENT LESS COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 1,820,559 MT of thermal and coking coal for week ended 0700 hours 18 February 2013, Newc ...
Monday, 18 February 13
78.75 MILLION TONS OF COAL RESERVES ARE NEWLY PROVEN IN WUGANG HUNAN PROVINCE
COALspot.com - Recently, Wugang City, known as the CHINA hundred key coal producing cities, achieved new breakthroughs in coal exploration: deep coa ...
Sunday, 17 February 13
STEEL DEMAND WILL HELP TO PUSH UP FREIGHT RATES - VISTAAR
COALspot.com - This freight market has been fairly steady week ended 15 February 2013.
The BDI was slightly up by 0.67 pct closing at 753 points ...
Friday, 15 February 13
2ND ANNUAL INDONESIA MINING 2013 CONFERENCE
Bringing Indonesia's Mining Stakeholders Together Towards Improving Mining Investment Climate & Operations
Following the success of th ...
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- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Planning Commission, India
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
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