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Saturday, 19 December 09
THE FUTURES FOR 2010 - 2012 FIRMED UP COMPARED TO LAST WEEK AND WAS AT AROUND CAPE US$ 28,000 PER DAY - VISTAAR
COALspot.com (Singapore): The freight market continued to soften this week with major drop in the cape size index by almost 21 pct and Panamax , Supramax and Handysize softened only about 4-6 pct.
BDI INDEX
The BDI dropped by about 9 pct by 321 points and closed at 3,258 points. Seems that next week also the softening would continue mainly due to holidays. The index closed this week at Cape 4,566 points, Panamax 3,448 points, Supramax 2,322 points and Handysize 1,199 points.
The average charter hire was at Cape US$ 45,458 per day, Panamax US$ 27,674 per day, Supramax US$ 24,274 per day and Handysize US$ 17,432 per day.
The supramax index in the Far East (S6 route) softened by almost US$ 4,000 this week and was at US$ 19,600 per day. The ECI / China (S7) route was holding firm at US$ 26,133 per day .
Short period rates for Supramax was at US$ 21,000 per day for vessels opening Far East / SE Asia. Supramax charter rates for one year is around US$ 18000 per day.
3 YEARS FUTURES
The futures for three years (2010 - 2012) firmed up compared to last week and was at around Cape US$ 28,000 per day, Panamax US$ 17,000 per day, Supramax US$ 15,000 per day and Handysize US$ 11,500 per day.
The market is likely to be soft next week especially in the Far East / SE Asia sector.
The iron ore demand seems to be holding firm, however with the market soft on the feast sector it appears that the coal movement has reduced. Next two weeks the market may remain soft due to Christmas / New Year holidays.
PORT CONGESTIONS
The congestion at Australian ports in the EC for coal loading increased to 138 vessels, with maximum waiting at DBCT about 30 days and Newcastle about 20 days. On the WC Australia iron ore vessels waiting were around 20.
The waiting at Indian ports for coal vessels was around 6 / 7 days.
CRUDE OIL
The brent crude prices moved up to US$73.90 per barrel. The bunker prices during the week was soft and was as low as US$ 445 pmt (IFO 380 cst) ex singapore, however by Friday the prices moved up and was at US$ 464 pmt (IFO 380 cst) ex Singapore.
FREIGHT FORECAST
Click here for Vistaar’s forecasted (subject to terms & conditions) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
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Sunday, 20 December 09
GLOBAL COAL MAJORS MAKE THEIR PRESENTATIONS
Major energy companies from four countries, including the U.S., Indonesia and South Africa, have completed detailed presentations before a committee ...
Friday, 18 December 09
CARGOTEC WINS IBJ'S BEST SHIP LOADING / UNLOADING SYSTEM AWARD WITH SIWERTELL
Cargotec’s Siwertell ship unloader has recently won International Bulk Journal’s best ship loading/unloading system award for 2009; out ...
Friday, 18 December 09
THERMAL COAL PROJECT MOVES AHEAD
A proposal for Australia's largest thermal coal project in Queensland's central west has taken a step forward.
Hancock Prospecting is proposing ...
Friday, 18 December 09
CHURCHILL MINING COMPLETES FEASIBILITY STUDY FOR EAST KUTAI COAL PROJECT
Churchill Mining Plc has announced the completion of the feasibility study for its flagship project, the 75% held East Kutai coal project in Indones ...
Friday, 18 December 09
COKING COAL SHORTAGE IN CHINA TO SPUR DEMAND FIGHT WITH JAPAN
China, the world’s largest steelmaker, faces a shortage of coking coal that may drive imports next year and spur a fight for resources with Ja ...
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- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- White Energy Company Limited
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- PTC India Limited - India
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Parliament of New Zealand
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
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