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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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Monday, 25 January 10
MINING GROUPS MAY SEEK JUDICIAL REVIEW OF 2009 LAW
Indonesia’s mining associations said on Wednesday that they planned to seek a judicial review of the 2009 Mining Law this year if they are una ...
Monday, 25 January 10
INDONESIAN GOVERNMENT TO ISSUE REGULATION FOR IMPLEMENTATION OF MINERAL AND COAL MINING BUSINESS ACTIVITIES LAW NO.4 / 2009 SOON
COALspot.com (Indonesia): The government regulation concerning implementation of mineral and coal mining business activities Law no.4 / 2009 is expe ...
Monday, 25 January 10
DUQM IWPP'S COAL REQUIREMENTS PROJECTED AT 3MT PER YEAR
Oman's first coal-fired Independent Water and Power Project (IWPP) planned at Duqm is envisaged to have a feedstock requirement of around 3 million ...
Monday, 25 January 10
THE FUTURES FOR CAPE, PANAMAX AND SUPRAMAX FOR THREE YEARS (2010 - 2012) WAS AT AROUND US$ 32,000, US$ 20,000 AND US$ 17,000 PER DAY RESPECTIVELY
COALspot.com ( Singapore): The freight market remained flat this week the market slight soft.
BDI INDEX
The BDI was down by 95 points and closed ...
Saturday, 23 January 10
COAL CAMARADERIE
Union coal minister Shriprakash Jaiswal feels Asian countries should join hands in developing minerals, particularly coal.
At the third Asian Min ...
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Showing 6056 to 6060 news of total 6871 |
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- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Planning Commission, India
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- PTC India Limited - India
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- The University of Queensland
- Xindia Steels Limited - India
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
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