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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, 29 April 10
SOUTH AFRICAN ROUNDS BACK TO INDIA SUPRAS CAN ACHIEVE AROUND MID 20S
Handy
Atlantic markets remain firm. Supramaxes open in USG are now achieving low/mid&n ...
Thursday, 29 April 10
KANGAROO RESOURCES INKS KEY COAL EXPORT CONTRACT WITH YUDEAN FARNON - PROACTIVE INVESTORS
Proactive Investors reprted that, Kangaroo Resources has secured an initial export sales contract for coal from the company’s operating coal p ...
Wednesday, 28 April 10
UNITED TRACTORS FOCUSES ON MINING AS IT SEEKS TO DIVERSIFY REVENUE SOURCES - JG
The Jakarta globe reported that, PT United Tractors, Indonesia’s biggest heavy-equipment distributor and mining contractor, aims to have its m ...
Wednesday, 28 April 10
DRY BULK MARKET
After a prolonged period of anticipation and a stalled dry bulk market in terms of freight rates, the industry’s benchmark, the Baltic Dry Ind ...
Tuesday, 27 April 10
CAPESIZES UP, PANAMAXES DOWN - BRS
It was Capesizes up, Panamaxes down this week as the latter experienced a correction after its recent gains. Period rates for Panamaxes remain firm ...
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Showing 5856 to 5860 news of total 6871 |
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- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
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- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
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- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
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- Merrill Lynch Commodities Europe
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- The University of Queensland
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
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- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
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- Aditya Birla Group - India
- Parliament of New Zealand
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
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- White Energy Company Limited
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- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
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- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
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- Medco Energi Mining Internasional
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- New Zealand Coal & Carbon
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- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
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- ICICI Bank Limited - India
- Central Electricity Authority - India
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
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- South Luzon Thermal Energy Corporation
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- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
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- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
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- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
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- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
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- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
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- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
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- Eastern Energy - Thailand
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