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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)
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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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3098
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3379
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282¯
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8.32
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Baltic Cape Index
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3244
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3522
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278 ¯
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7.89
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Baltic Panamax Index
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4965
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4344
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379 ¯
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8.72
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Baltic Supra Index
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22647
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2929
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282¯
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9.63
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Baltic Handy size Index
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1449
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1468
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19 ¯
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1.29
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As of 26 March 2010
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“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
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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 ...
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Showing 5906 to 5910 news of total 6871 |
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- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- Central Electricity Authority - India
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Planning Commission, India
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aditya Birla Group - India
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
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