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BRAZIL INVEST 2012
21 - 23 May 2012
Hong Kong
Beacon Events
CIS COAL
22 - 24 May 2012
Moscow Russia
Informa Australia
COALTRANS MONGOLIA
23 - 24 May 2012
Ulaanbaatar, Mongolia
Coaltrans Conferences
THE 4TH ANNUAL DEEPWATER ASIA CONGRESS 2012
23 - 25 May 2012
Bali, Indonesia
SZ&W Group, China
COAL PROCESSING OPTIMISATION AFRICA 2012
28 - 30 May 2012
Johannesburg, South Africa
IQPC South Africa
ARGUS AUSTRALIA POWER GENERATION FUELS 2012
30 May 2012
Sydney, Australia
Argus Media
AMERICAS COAL CONFERENCE
3 - 5 June, 2012
Florida, USA
Ibarra Garrido Investments
COALTRANS ASIA
3 - 6 June 2012
Bali, Indonesia
Coaltrans Conferences
WORLD CLEAN COAL WEEK - INDIA FOCUS
June 13-15, 2012
Delhi
SZW Group
EURO COAL
20 - 21 June 2012
Berlin, Germany
Informa Australia
MINES AND MONEY - BEIJING
19-21 June 2012
Beijing. China
Beacon Events
GUNNEDAH COAL AND ENERGY
25-26 June 2012
Newcastle, Australia
Informa Australia
5TH ANNUAL CBM & UNCONVENTIONAL GAS
26 – 29 June 2012
Bali, Indonesia
IBC Asia
3RD MOZAMBIQUE COAL CONFERENCE
2 - 4 July 2012
Joaquim Chissano International Conference Centre, ...
Informa Australia
COAL MARKET IN INDIA – 2012
10 July 2012
Hotel The Imperial, Janpath, New Delhi
IBK Media, India
COLOMBIAN MINING CONFERENCE 2012
July 17 - 19, 2012
Irotama Resort Golf Marinal
Ibarra Garrido
MYANMAR MINING & MINERALS
23-24 July 2012
Myanmar
Centre for Management
KALIMANTAN COAL
4 - 5 September 2012
Balikpapan, Indonesia
Informa Australia
UNCONVENTIONAL OIL & GAS 2012
12 -15 September 2012
Zhengzhou, China
Global Industry Connects - China
APCIO 2012
19 - 21 September 2012
China
CBI China
COAL TRADING 2012
25-27 September 2012
Singapore
Coaltrans Conferences
WORLD CLEAN COAL WEEK - CHINA FOCUS
November 5-8, 2012
Beijing
SZ&W Group
U GAS 2012
5-8 November 2012
Bejing
SZ&W Group
Sunday, 12 February 12
THE BALTIC DRY INDEX CLIMBS 10.51%
COALspot.com - "The markets touched record lows not seen since mid 80’s. However there was some good news with signs of market recovery and charter rates up", said Capt. Reddy, director of Vistaar Shipping Singapore.
The Baltic Dry Index, which measures the cost of transporting raw materials by sea, was up by 10.51 pct closing at 715 points and cape index was up by 1.46 pct closing at 1,457 points. The biggest gains was in the panamax index which was up by almost 40 pct closing at 967 points. The supramax index was up by 6 pct closing at 645 points whereas handysize index was down by 4 pct closing at 366 points.
Supramax delivery South China for trips via Indonesia were reported around usd 7500 pday. Short Period charter rates for Panamax delivery feast was around usd 10000 pday and for Supramax was around $ 9.000 per day.
There could be some correction in the coming weeks and could lose momentum and expect to stabilize.
The average charter rates was at Cape/$ 6,227 per day , Panamax/$ 7,732 per day , Supramax/$ 6,746 per day and Handysize/$ 5,489 per day.
The futures for three years (2012-2014) was at around Cape/$ 16,000 per day, Panamax/$ 11,500 per day, Supramax/$ 11,000 pday , Handysize/$ 8,500 per day.
The supramax index in the feast (S6 route) was up by 25.2 pct and closed at $ 6,280 pday (last week $ 5,016 per day) and S7 route was up by 11.58 pct and closed at $ 5,884 per day (last week $ 5,273 per day) . S6 and S7 route likely to be firm next week.
The congestion in EC Australia increased to 102 vessels this week(last week 98). The vessels waiting at main coal loading ports were at Haypoint/4, DBCT/19, Gladstone/12, Abbot Point/2, New Castle/52, Port Kembla/13 vessels. On the WC Australia iron ore vessels waiting was at 64 vessels (last week 87).
The brent crude oil prices closed at $ 117.57 per barrel (last week $ 113.76 per barrel) and bunkers prices closed at $ 740.50 pmt (last week $ 720.50 pmt) for IFO 380 cst ex. Singapore on 10th Feb 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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Recent News
Friday, 18 May 12
NICKEL ORE CARGOES ARE NOT SEEN IN MARKET ANYMORE DUE TO ON-GOING INDONESIAN BAN - FEARNLEYS AS
Handy
The market remained variable.
Fronthaul voyages both from Baltic and Black Sea paid over USD 18k/day. From USG to Cont tonnage would get ...
Thursday, 17 May 12
COAL MINERS OPPOSE EXPORT TAX, SUGGEST OUTPUT QUOTA - THE JAKARTA POST
The Jakarta Post reported that, coal miners have suggested that the government apply a production quota instead of implementing an export tax in ord ...
Thursday, 17 May 12
DRY BULK MARKET STILL LOOKING FOR NEW DIRECTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on moving sideways during this week, with the mixed performance across all segments. Yesterday, the industry’s be ...
Tuesday, 15 May 12
POTENTIAL BOOM OF CHINA’S COAL IMPORTS COULD PROVIDE FURTHER SUPPORT TO DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been moving sideways during the past week with the industry’s benchmark, the Baltic Dry Index (BDI) losing 0.53% on th ...
Saturday, 12 May 12
THE SHIPPING MARKET IS UNLIKELY TO SEE A REBOUND ANYTIME SOON - VISTAAR SINGAPORE
COALspot.com - The BDI softened this week and it was down by 1.64 pct closing at 1,138 points.
The cape index was up by 2.41 pct closing at 1,61 ...
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