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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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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- The University of Queensland
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
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