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Saturday, 03 April 10
SHIPS OPENING FAREAST CONTINUE TO BE STRUGGLING FOR CARGOES - VISTAAR
COALspot.com: The dry bulk freight market continues to be under pressure and all the indices were down this week except for Cape size index which was up by 5.7 pct and closed at 3429 points. The BDI was up by 3.45 pct and closed at 2991 points. The Panamax and Supramax dropped by 6.48 pct and 8.91 pct respectively. The Handy size index was also down by 6.14 pct.
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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2991
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3098
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107¯
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3.45
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Baltic Cape Index
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3429
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3244
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185 ↑
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5.70
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Baltic Panamax Index
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3708
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3965
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257 ¯
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6.48
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Baltic Supra Index
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2409
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2647
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238¯
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8.91
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Baltic Handy size Index
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1360
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1449
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89 ¯
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6.14
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As of 1 April 2010
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Ships opening Fareast continue to be struggling for cargoes. The Supramax vessels open N. China were seen fixed at low/mid teens for trip via Indonesia to India.
The average charter hire was at Cape US$ 30,641, Panamax US$ 29,836, Supramax US$ 25,188 and Handy size US$ 19,781 per day respectively .
The Supramax index in the Fareast (S6 route) softened by US$ 2,850 per day (down by 11.87pct) and closed at US$ 21,160 per day. The ECI / China (S7) route also softened by US$ 3,217 per day (down by 8.64 pct) and closed at US$ 33,996 per day.
Ships from WC India to china continued to be fixed at healthy levels at around US$ 35/40,000 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$ 18,000 per day, Handy size US$ 14,000 per day.
The congestion in EC Australian ports continued to be high at 174 vessels (last week 178 vessels) with Hay point and DBCT operational the congestion is expected to reduce. The vessels waiting at main coal loading ports were at Hay point 34 , DBCT 62 , Gladstone 19 ,New Castle 48 vessels. On the WC Australia iron ore vessels waiting was at 19 vessels (last week 24 vessels).
With the major iron ore shippers maintaining spot prices for the iron ore, it ill be interesting to see how the steel prices will hold and how it will affect the shipping market.
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 firm this week and closed on Thursday at 84.42 per barrel (last week at US$ 79.30 per barrel) . The prices of bunkers was up at US$ 464 pmts (IFO 380 CST ex. Singapore) on 1st April 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, 19 April 10
PLN TO OPERATE COAL MINES IN BID TO FUEL POWER PLANTS
The Jakarta Globe reported that, state electricity utility PT Perusahaan Listrik Negara said on Sunday that it aimed to take over operation of small ...
Sunday, 18 April 10
GOVT FORMS PANEL FOR RS 12,000-CR (US$ 2.711 BILLION) COAL INDIA IPO - ECONOMIC TIMES
Economic Times reported that, the government has formed an inter-ministerial panel to carry forward the proposed Rs 12,000-crore (US$ 2.711 billion) ...
Sunday, 18 April 10
THE FUTURES FOR THREE YEARS (2010-2012) FOR PANAMAX WAS AT AROUND US$ 21500 PER DAY - VISTAAR
COALspot.com: The BDI indices up by 3.30 pct and overall market continued to be firm except for India to Fareast.
“The cape index for the f ...
Saturday, 17 April 10
DRY BULK SHIPPING MARKET ANALYSIS - BIMCO
Strong Chinese steel market is set to cushion the flood of new Capesize vessels entering the dry bulk fleet Demand: The first quarter of 2010 saw up ...
Saturday, 17 April 10
DRY BULK MARKET EDGES HIGHER ON STRONGER DEMAND
The dry bulk market managed to inch higher by the end of the week as brokers indicated that stronger cargo demand pushed freight rates that much hig ...
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Showing 5876 to 5880 news of total 6871 |
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- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- The University of Queensland
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Planning Commission, India
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
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