We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Sunday, 28 March 10
SHIPS FROM WC INDIA TO CHINA CONTINUED TO BE FIXED AT HEALTHY LEVELS AT AROUND US$ 50/52,000 PER DAY - VISTAAR
 COALspot.com: The dry bulk freight market seemed to be heading for a correction with all the indices dropping by 8-10 pct except for handy size which dropped by 1.29 pct.
Lack of capsize activity over last 2 weeks due to iron ore price negotiations seems to be the main reason. The average T/C of capsize has dropped to US$ 28,542 per day. The Panamax and Supramax dropped by 8.72 pct and 9.63 pct respectively. Ships opening Fareast seem to be struggling for cargoes. However Supramax vessel opening in South East Asia were seen fixed at US$ 30,000/32,000 per day for Indonesia/India for 2 Laden legs, where as for single trips they have been fixed at around 21/22,000 per day.
BDI (Baltic dry index changes)
|
|
BALTIC DRY INDEX CHANGE
|
|
|
This week
|
Last week
|
Change
|
Change %
|
|
Baltic Dry Index
|
3098
|
3379
|
282¯
|
8.32
|
|
Baltic Cape Index
|
3244
|
3522
|
278 ¯
|
7.89
|
|
Baltic Panamax Index
|
4965
|
4344
|
379 ¯
|
8.72
|
|
Baltic Supra Index
|
22647
|
2929
|
282¯
|
9.63
|
|
Baltic Handy size Index
|
1449
|
1468
|
19 ¯
|
1.29
|
|
As of 26 March 2010
|
|
“The Supramax out of WC India was very firm and ships were fixed at US$ 50,000 per day”, said Capt. Reddy, MD of Vistaar Shipping, Singapore.
The average charter hire was at Cape US$ 28,542 per day, Panamax US$ 31,872 per day, Supramax US$ 27,677 per day and Handy size US$ 21,111 per day.
The Supramax index in the Fareast (S6 route) softened by US$ 4,370 per day (down by 15.39pct) and closed at US$ 24,010 per day. The ECI/China (S7) route also softened a bit by US$ 1,985 per day (down by 5.06 pct) and closed at US$ 37,213 per day.
Ships from WC India to china continued to be fixed at healthy levels at around US$ 50/52,000 per day .
The futures for three years (2010-2012) was at around Cape US$ 29,000 per day, Panamax US$ 21,000 per day, Supramax US$ 18,550 per day, Handy size US$ 14,000 per day.
The congestion increased to record high to 178 vessels at Australian ports in the EC for coal loading ports. The main reason was tropical cyclone and Force Majeure declared at Hay point (last week 158 vessels ). The congestion is likely to continue for some weeks. On the WC Australia iron ore vessels waiting was at 24 vessels (last week 27 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days , except for Paradip and Haldia where congestion continues due to slow clearance of cargoes from the port due to railway wagon shortage.
The crude prices was almost at same levels as last week and end of the week on Friday closed at 79.30 per barrel (last week at US$ 79.79 per barrel) . The prices of bunkers was slightly almost same at 460 pmts (IFO 380 CST ex Singapore) on 26th 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.
|
|
Thursday, 01 April 10
OWNERS WERE STILL BULLISH ON SHORT PERIOD NUMBERS, BUT CHARTERERS IN GENERAL WERE NOT READY TO PAY - BRS
SUPRA / HANDY
After several weeks of a rising market, the BSI lost 9% last week to close on Friday at US$ 27,677 per day for the TC routes. ...
Thursday, 01 April 10
PROFIT AT TWO INDONESIAN COAL MINERS SOARS AS RECOVERY STIRS GREATER DEMAND, HIGHER PRICES - THE JAKARTA GLOBE
The Jakarta Globe reported that, Two of the country’s biggest coal producers enjoyed a surge in profit last year as prices rose and demand pic ...
Thursday, 01 April 10
BHP BILLITON TO SELL STAKE IN MARUWAI TO ADARO - THE JAKARTA POST
The Jakarta Posted reported that, BHP Billiton has agreed to sell 25 percent of its stake in the Maruwai Coal Project in Kalimantan to Indonesia&rsq ...
Thursday, 01 April 10
AUSTRALIAN COAL PRODUCER REJECTS $3 BILLION PEABODY OFFER - STL TODAY
STL today reported that, Australian coal producer Macarthur Coal Ltd. rejected a $3 billion cash takeover bid from Peabody Energy Corp., which seeks ...
Thursday, 01 April 10
TATA POWER EYES MORE COAL FROM INDONESIA FOR ITS FUTURE PLANTS - FINANCIAL EXPRESS
Financial Expressreported that, Tata Power, one of the largest private sector power utilities in the country with interests in generation, transmiss ...
|
|
|
Showing 5906 to 5910 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Australian Commodity Traders Exchange
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
|
| |
| |
|
