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Saturday, 20 March 10
NO MAJOR CHANGES ON SUPRAMAX MARKET FOR NEXT COUPLE OF WEEKS - VISTAAR
 COALspot.com: “The dry bulk freight market continued to be firm on the Panamax and Supramax and Handy size vessels”, said Capt. Reddy MD of Vistaar Shipping Singapore. Vistaar Shipping an experienced ship operator operating from Singapore and India .
The Cape index softened by 18.62 pct and the BDI was down by 3.62 pct. The Panamax index was up by 4.00 pct , Supramax index up by 7.25 pct and Handy size index up by 9.71 pct. The Fareast /SE Asia market was quite firm and vessels for being fixed at around US$ 29/30000 per day. The Supramax out of India also were being fixed in excess of US$ 40000 per day.
BDI (Baltic dry index changes)
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BALTIC DRY INDEX CHANGE
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This week
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Last week
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Change
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Change %
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Baltic Dry Index
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3379
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3506
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127¯
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3.62
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Baltic Cape Index
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3522
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4328
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806 ¯
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18.62
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Baltic Panamax Index
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4344
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4177
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167 ↑
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3.99
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Baltic Supra Index
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2929
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2731
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198 ↑
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7.25
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Baltic Handy size Index
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1468
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1338
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130 ↑
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9.71
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As of 19 March 2010
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According to Vistaar, the average charter hire was at Cape US$ 32157 per day, Panamax US$ 34906 per day, Supramax US$ 30629 per day and Handy size US$ 21420 per day.
The Supramax index in the Fareast (S6 route) was firm and was by US$ 1860 per day (up by 8.40 pct) and closed at US$ 23980 per day. The ECI/China (S7) route continued to remain firm and was up by US$ 1040 per day (up by 2.91 pct) and closed at US$ 36717 per day. Ships from WC India to china continued to be fixed at healthy levels at around US$ 38/40000 per day and some vessels have ballasted from EC India to WC India.
The futures for three years (2010-2012) was at around Cape US$ 29000 per day, Panamax US$ 22000 per day, Supramax US$ 18750 per day, Handy size US$ 14500 per day. With the cape index down by 18 pct and futures also showing slight softness on all other the market may be steady next week. However do not expect the market to soften or major changes on the Supramax and Handy size for next couple of weeks.
The congestion at Australian ports in the EC for coal loading was high at 158 vessels (last week 151 vessels). The weather seems getting worse, with Hay point closed since 11th March and DBCT since 17th March and several shippers declaring Force Majaure for ships loading from Gladstone. Except for Abbot Point and Port Kembla , all other ports are experiencing uncertain delays. On the WC Australia iron ore vessels waiting increased to 27 vessels (last week 20 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days , except for Paradip and Haldia which are congested. Waiting at Paradip is about 7/8 days. The Indonesian anchorages port also continued to experience delays.
The crude prices was up beginning of the week however closed almost at same levels by end of the week on Friday at US$ 79.79 per barrel (last week US$ 79.26 per barrel). The prices of bunkers was slightly soft at US$ 456 pmts (ifo 380 cst ex Singapore) on 19th March 2010.
CLICK HERE for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
VISTAAR SHIPPING, SINGAPORE
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Thursday, 15 July 10
NO IMPROVEMENT IN THE DRY BULK MARKET - INTERMODAL
Broker’s insight
With the Baltic Dry Index today (13/7/2010) standing at 1,790 points - the lowest point since early May 2009 - ...
Thursday, 15 July 10
IRON ORE PRICING MECHANISMS PUT ON THE SPOT
THE new iron ore pricing mechanisms that killed off the annual benchmark system are coming under pressure. The spot price of the steel feed has fall ...
Thursday, 15 July 10
NTPC TO PURSUE COAL MINE ACQUISITION IN AUSTRALIA, INDONESIA - BUSINESS STANDARD
Business-Standard reported that, NTPC, the India’s largest power producer, has set the ball rolling to acquire coal mines or form joint ventur ...
Wednesday, 14 July 10
SUCCESSFUL COMMISSIONING OF GTLE LOW RANK COAL UPGRADING PLANT
COALspot.com: GTL Energy Ltd (GTL Energy) announced that construction and commissioning of its proprietary ‘first-of-a-kind’, low rank c ...
Tuesday, 13 July 10
BUMI TO PRODUCE MORE THAN 67 MILLION TONS OF COAL IN 2010
COALspot.com: Bumi resources, Indonesia’s largest coal producer has previewed its operating results in KPC/Arutmin for Jan – Jun 2010. A ...
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Showing 5726 to 5730 news of total 6871 |
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Parliament of New Zealand
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Central Electricity Authority - India
- Planning Commission, India
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
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