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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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Wednesday, 22 March 23
MARKET INSIGHT - INTERMODAL
The crude tanker market continues to gather momentum as we head towards the end of 1Q2023, against a backdrop of strong U.S. exports paired with a ...
Wednesday, 22 March 23
WILL LOWER GAS PRICES SPARK SWITCHING IN EUROPE AND ASIA?
Record high prices devastated demand for gas and LNG across Asia and Europe last year. But with prices falling, companies are starting to re-evalua ...
Monday, 20 March 23
NTPC MULLS 5.4 MILLION TONNES COAL IMPORT IN FIRST HALF OF 2023-24: PTI
State-run power giant NTPC is planning to import around 5.4 million tonnes of coal to meet the supply shortage during the first half 2023-24 fiscal ...
Monday, 20 March 23
S. AFRICA’S EXXARO RESOURCES SAYS COAL PRICES COOLING OFF - REUTERS
South Africa’s Exxaro Resources on Thursday posted a 28% jump in 2022 profit after seeing average coal prices surge more than 150%, but warne ...
Saturday, 18 March 23
RUSSIAN LNG EXPORTS TO EUROPE REMAIN HIGH - VESSELS VALUE
Russian LNG exports to Europe remained at very high levels in February at 3.6 million CBM, following a 13 month high in January of 4.1 million CBM. ...
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Showing 121 to 125 news of total 6871 |
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- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
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