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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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Wednesday, 10 February 10
ANGLO AMERICAN TIPS COAL PRICE RISE AFTER RAIN, AUSTRALIAN SAYS
Anglo American Plc expects coking coal contract prices to rise after weeks of heavy rain in Queensland state cut output by as much as 10 million met ...
Wednesday, 10 February 10
KANGAROO RESOURCES COMMENCES MINING AT MAMAHAK COKING COAL PROJECT
International coal producer Kangaroo Resources has kicked off mining at its second Indonesian coal operation, the Mamahak Coking Coal Project in Eas ...
Wednesday, 10 February 10
CHINA DENIES CLIVE PALMER'S COAL DEAL
ONE of China's biggest government-owned companies yesterday repudiated mining billionaire Clive Palmer for overstating what he said was Australia' ...
Tuesday, 09 February 10
INDIANS SAY SEEKING COAL BARGAINS VIA INDEX PRICES
* Indonesian cheaper than S.African - traders
* End-users wait for price falls before tendering
Indian coal traders responsible for the bulk of ...
Tuesday, 09 February 10
EURO COAL-PROMPT SLIDES WITH OIL PRICES
* April S.African cargo trades at $83.50/T FOB, unchanged
* April DES cargo trades at $74.75 a tonne, down $1/T
* Russia's Kuzbassrazrezugol sees ...
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Showing 6011 to 6015 news of total 6871 |
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- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Planning Commission, India
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Coalindo Energy - Indonesia
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Indogreen Group - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
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