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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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Sunday, 07 March 10
SHIPS WERE FIXED AT AROUND US$ 16,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - CAPT. REDDY
COALspot.com: The freight market was quite buoyant this week and BDI was up by 18 pct . The Cape index up by 23.60 pct and Panamax index was up by 1 ...
Saturday, 06 March 10
ESSAR TO BUY US COAL FIRM FOR $550-600 MN
Business-Standard reported that, the Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-6 ...
Friday, 05 March 10
KARNATAKA POWER SEEKS 900,000 TONS STEAMING COAL OVER 9 MONTHS
Bloomberg reported that, Karnataka Power Corp., an Indian electricity generator, is seeking to import 900,000 metric tons of steaming coal over nine ...
Friday, 05 March 10
COAL RALLY ON CHINESE DEMAND SPARKS $59 ESTIMATES
Bloomberg reportd that, A rally that has boosted coal prices 21 percent from their lows last year may have further to go as the coldest U.S. winter ...
Thursday, 04 March 10
BANPU KEEPS JORONG OUTPUT AT 2M TONNES
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is maintaining an output target of 2 million tonnes this year from its Jorong mi ...
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Showing 5956 to 5960 news of total 6871 |
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- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- The University of Queensland
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Agrawal Coal Company - India
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
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