We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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)
|
|
BALTIC DRY INDEX CHANGE
|
|
|
This week
|
Last week
|
Change
|
Change %
|
|
Baltic Dry Index
|
2991
|
3098
|
107¯
|
3.45
|
|
Baltic Cape Index
|
3429
|
3244
|
185 ↑
|
5.70
|
|
Baltic Panamax Index
|
3708
|
3965
|
257 ¯
|
6.48
|
|
Baltic Supra Index
|
2409
|
2647
|
238¯
|
8.91
|
|
Baltic Handy size Index
|
1360
|
1449
|
89 ¯
|
6.14
|
|
As of 1 April 2010
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 06 April 10
ASIAN INVESTORS EYE NIGERIA MARITIME INDUSTRY
Investors from the Asian region are considering investing in the Nigerian maritime sector, which has huge opportunities and potential. One of such p ...
Monday, 05 April 10
RI TO SET REFERENCE FOR COMMODITIES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia is set to help establish global reference prices for mining and agricultural commodities, with the establi ...
Monday, 05 April 10
MARCO POLO MARINE SECURES US$20 MILLION 4-YEAR COAL TRANSSHIPMENT CONTRACT
COALspot.com: Accordign to Mraco Polo Marine website, Singapore Exchange Mainboard-listed Marco Polo Marine Ltd, a growing integrated marine logisti ...
Friday, 02 April 10
XSTRATA RAISES BENCHMARK COAL PRICE AS MUCH AS 40% - BLOOMBERG
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used for power, raised benchmark prices for the fuel to an unidenti ...
Thursday, 01 April 10
OWNERS WERE STILL BULLISH ON SHORT PERIOD NUMBERS, BUT CHARTERERS IN GENERAL WERE NOT READY TO PAY - BRS
SUPRA / HANDY
After several weeks of a rising market, the BSI lost 9% last week to close on Friday at US$ 27,677 per day for the TC routes. ...
|
|
|
Showing 5901 to 5905 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- Planning Commission, India
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Parliament of New Zealand
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- The University of Queensland
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Minerals Council of Australia
- ASAPP Information Group - India
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
|
| |
| |
|
