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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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Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delive ...
Wednesday, 19 May 10
DRY BULK FREIGHT RATES' RALLY MAY BE SET TO END
The Baltic Dry Index (BDI) has rallied these past couple of weeks, almost touching the 4,000 point mark. But this positive development for dry bulk ...
Wednesday, 19 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE LENGTHENS
Coal shipments from Australia's Newcastle port, the world's biggest export harbor for the fuel used in power stations, rose 2.9 percent last week ...
Tuesday, 18 May 10
THE BDI HIT A FIVE-MONTH HIGH AT THE CLOSE OF LAST WEEK
According to BRS, One of the oldest ship broker, at 3,929 points, the BDI hit a five-month high at the close of last week. The Capesize four time ch ...
Tuesday, 18 May 10
COAL TRADER CHINA QINFA TO BUY TWO BULK CARRIERS FOR 69 MLN USD
China Qinfa Group, a leading non-State-owned coal trader on China's mainland, said Sunday it had signed shipbuilding contracts to pay 69 million U. ...
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Showing 5826 to 5830 news of total 6871 |
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- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- White Energy Company Limited
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
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