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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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Tuesday, 30 March 10
PRICES FOR COKING COAL, IRON ORE TO SOAR AMID BURGEONING STEEL DEMAND: SCOTIABANK
Winnipeg Free Press reported that, Strong steel demand from China and a recovery in the developed world will push coking coal prices 56 per ce ...
Sunday, 28 March 10
DEMAND FROM INDIA RESHAPING THE GLOBAL COAL MARKET - DAVE FOREST
Attention international coal industry. There's a new kid on the block.
The nation of India.
India is emerging as a major re-shaping force for ...
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 whic ...
Saturday, 27 March 10
CHINA DROUGHT MAY RAISE COAL DEMAND, BOOST PRICES, CLSA SAYS - BLOOMBERG
Bloomberg reported that, Droughts in southwest China may increase demand for coal used in power plants, and ‘support” prices in the &ldq ...
Saturday, 27 March 10
CHINA TO REMAIN NET COAL IMPORTER IN NEAR FUTURE - STEEL GURU
Xinhua News cited Mr Wu Chenghou a councilor with the China Coal Transportation and Marketing Association as saying that China will remain a net coa ...
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Showing 5916 to 5920 news of total 6871 |
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- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Vedanta Resources Plc - India
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- VISA Power Limited - India
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Bhushan Steel Limited - India
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