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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, 23 April 10
KPCL EYES MINE IN INDONESIA - BUSINESS STANDARD
Business-Standard reported that, Karnataka Power Corporation Ltd (KPCL), the state-owned power generator, is exploring the possibility of acquiring ...
Thursday, 22 April 10
INDONESIAN COAL PRICE REFERENCE FOR MARCH 2010 - US$ 86.64/T
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has begun publishing a monthly coal price reference (HBA) to be use ...
Thursday, 22 April 10
NEED TO IMPORT 82 MT COAL IN FISCAL - INDIA COAL MIN
Indian Express reported that, anxious to bridge the ever-widening gap between the rising demand for coal and its inadequate supply, the Coal Ministr ...
Thursday, 22 April 10
DRY CARGO DEMAND EXPECTED TO INCREASE, FAVORING HIGHER FREIGHT RATES
Increased dry bulk cargo demand is expected to become the norm in the coming weeks and months, according to analysts, which in turn should sustain f ...
Thursday, 22 April 10
INDIA'S BORL SEEKS TO BUY INDONESIAS LOW - SULFUR COAL
COALspot.com: Bharat Oman Refineries Ltd, a joint venture company (promoted by Bharat Petroleum Corporation Ltd, India and Oman Oil Company Lt ...
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Showing 5866 to 5870 news of total 6871 |
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- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
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- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
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- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
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- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
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- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
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- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Tata Chemicals Ltd - India
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- Malabar Cements Ltd - India
- Planning Commission, India
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- White Energy Company Limited
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- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Trasteel International SA, Italy
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- The University of Queensland
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
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