We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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)
|
|
BALTIC DRY INDEX CHANGE
|
|
|
This week
|
Last week
|
Change
|
Change %
|
|
Baltic Dry Index
|
3379
|
3506
|
127¯
|
3.62
|
|
Baltic Cape Index
|
3522
|
4328
|
806 ¯
|
18.62
|
|
Baltic Panamax Index
|
4344
|
4177
|
167 ↑
|
3.99
|
|
Baltic Supra Index
|
2929
|
2731
|
198 ↑
|
7.25
|
|
Baltic Handy size Index
|
1468
|
1338
|
130 ↑
|
9.71
|
|
As of 19 March 2010
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 22 January 10
ENERGY ADVISORY COUNCIL MULLS - COAL EXPORT BAN
The National Energy Council, which advises the House of Representatives and the president on energy issues, has begun to debate a proposal to ban ex ...
Friday, 22 January 10
MERCATOR EYES MORE COAL MINES IN INDONESIA
India’s second-largest private shipping company Mercator Lines is looking at acquiring more coal mines in Indonesia as part of its strategy&nb ...
Friday, 22 January 10
BHAKTI ENERGI IN TALKS OVER COAL VENTURES IN KALIMANTAN
PT Bhakti Energi Persada, one of Indonesia’s biggest miners of brown coal, revealed on Thursday that it was in talks to form a joint venture w ...
Friday, 22 January 10
SHENHUA ENERGY 09 YIELDED 210MN TONS COMMODITY COAL
China Shenhua Energy Co., Ltd. yielded 210 million tons of commodity coal in 2009, hiking 13.2% year on year, the Chinese energy titan announced tod ...
Friday, 22 January 10
JSW ENERGY TO INVEST RS 4,500 CRORE IN COAL MINES ABROAD
The Sajjan Jindal-promoted JSW Energy is planning an investment of Rs 4,500 crore (US$ 978,260,869) to acquire coal mines abroad and another of Rs 1 ...
|
|
|
Showing 6061 to 6065 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- PTC India Limited - India
- Parliament of New Zealand
- CNBM International Corporation - China
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Trasteel International SA, Italy
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
|
| |
| |
|
