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Monday, 30 November 09
THE FUTURES FOR THREE YEARS (2010-2012) WAS SOFT COMPARED TO LAST WEEK - VISTAAR SINGAPORE
COALspot.com (Singapore): BDI continued to drop this week and touched below 4,000 mark level. The drop in BDI was almost 12 pct and closed at 3,975 points. The Cape and Panamax index also dropped by 16 pct and 13 pct and closed at 6,353 points and 3,868 pints respectively. The Supramax and Handy size index remained almost at same levels and closing at 2,446 points and 1,137 points respectively. The average charter hire was at Cape / US$ 66,931 per day , Panamax / US$ 31,107 per day, Supramax / US$ 25,571 per day and Handy size / US$ 16,461 per day.
The supramax index in the Far East (S6 route) was firm as last week at US$ 24,906 per day. The ECI / China (S7) route slightly softened and was at US$ 25,705 per day down by about 4 pct compared to last week. Short period rates for Supramax was at US$ 23,000 per day for vessels opening Far East / SE Asia. Supramax charter rates for one year is around US$ 18,000 / 19,000 per day.
THREE YEARS FUTURE
The futures for three years(2010-2012) was soft compared to last week and was at around Cape / US$ 27,000 per day, Panamax / US$ 17,000 per day, Supramax / US$ 15,000 per day, Handy size / US$ 11,000 per day.
The activity was slightly slower due to holidays in most part of the world. The iron ore activity seems to have reduced a bit and will have to wait and how the iron more movement will be. The markets may be around the same levels and is expected to be soft. The coal imports by China and India has been quite firm and the demand for vessels remained good.
The congestion in Australia reduced to 112 vessels in EC Australia with maximum waiting at DBCT 30/40 days , whereas Hay point was around 10/12 days and Newcastle was around 14/16 days. The vessels waiting at WC Australia for iron ore was at 16 vessels.
CRUDE OIL
The Brent crude prices remained at around same levels at US$ 77.12 per barrel . The bunker prices during the week touched for IFO 380 CST at US$ 472 pmt ex Singapore.
FREIGHT FORECAST
Click here for Vistaar’ s forecasted (terms & conditions apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
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Monday, 14 December 09
RICHARDS BAY COAL TO FINISH EXPANSION IN 1ST QUARTER
Richards Bay Coal Terminal, which ships more than a quarter of Europe’s energy coal, said it will complete its Phase 5 expansion project in th ...
Monday, 14 December 09
SOUTH AFRICAN STEAM COAL PRICES FIRMING UP FOR Q1 TRADE
Reuters reported that Q1 South African coal prices firmed again slightly largely on Asian demand but European delivered prices were little changed.
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Sunday, 13 December 09
THE FREIGHT MARKET SEEMS TO BE COMING OFF A BIT AND THE MARKET MAY BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com (Singapore): "The market softened this week especially in the Cape and Panamax segment , where as the Supramax and Handy size was ...
Sunday, 13 December 09
NAPOCOR CUTS COAL IMPORT PROJECTION FOR 2010
STATE-RUN National Power Corp. slashed its planned coal importation for 2010 to only 200,000 metric tons from 3.4 million MT this year, as the gover ...
Sunday, 13 December 09
CHINESE BUYERS SEEK LARGE TONNAGE OF SOUTH AFRICA STEAM COAL
Reuters reported that Chinese utilities on the coast and inland are seeking several cape cargoes each of South African coal for 2010 delivery becaus ...
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- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Planning Commission, India
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
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