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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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Friday, 28 May 10
CHINESE BAN TO HIT INDIAN IRON ORE EXPORTS
Nearly half of India's iron ore exports to China are in serious danger of being wiped out. The local government has imposed a ban on import of low ...
Friday, 28 May 10
INDIAS NEYVELI LIGNITE EYEING INDONESIA, SOUTH AFRICA COAL MINES
Integrated mining and power producer Neyveli Lignite Corporation Thursday said it is exploring possibilities for buying coal mines in Indonesia and ...
Friday, 28 May 10
ADARO ACQUIRES 25% ICP AT US$ 335 MIO
Indonesia's second largest thermal coal miner PT Adaro Energy Tbk (ADRO) today announces formation of new joint venture for Indonesian Coal Project ...
Thursday, 27 May 10
KPCL IS LOOKING FOR 0.50 MLN TON TO IMPORTED STEAMING COAL FOR RAICHUR THERMAL POWER STATION
COALspot.com: KARNATAKA POWER CORPORATION LIMITED, India invited from reputed parties meeting the pre qualifications stipulated for the import ...
Thursday, 27 May 10
TNPL TO BUY 0.240 MLN TON NON-COKING COAL FOR SECOND HALF OF 2010
COALspot.com: Tamil Nadu Newsprint and Papers Limited (TNPL), would like to procure 0.24 mln MT of imported Non-Coking Coal in 6 Shipments of about ...
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Showing 5806 to 5810 news of total 6871 |
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- Baramulti Group, Indonesia
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Economic Council, Georgia
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
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