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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, 27 May 10
DRY BULK RATES REACH 2010 HIGHS, BUT FUTURE REMAINS UNCERTAIN
This week is proving to be a milestone for the dry bulk market, as the Baltic Dry Index has propelled itself at never before seen levels for 2010. Y ...
Wednesday, 26 May 10
ADANI GROUP EYES AFRICA FOR COAL MINING PROJECTS
India Info Line reported that, After acquiring coal mines for importing Indonesian coal to run its thermal power plants in the country, the Adani Gr ...
Wednesday, 26 May 10
DRY BULK MARKET SHOOTS UP, CLOSES IN ON POST-CRISIS ERA HIGHS
In an opposite trend than that of the previous week, the Baltic Dry Index (BDI), a benchmark for tracking costs to haul commodities at sea, shot up ...
Wednesday, 26 May 10
BUMI TO CUT UP TO USD 1 BILLION DEBT IN 12 MONTHS
Press Release : PT Bumi Resources Tbk. announced yesterday that it has revived its intent to issue non preemptive shares and added this to the agend ...
Tuesday, 25 May 10
COAL PRODUCTION MAY REACH 320 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce as much as 320 million tons of coal this year, an increase of nearly 7 perc ...
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Showing 5811 to 5815 news of total 6871 |
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- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- VISA Power Limited - India
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Planning Commission, India
- The University of Queensland
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
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