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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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Thursday, 25 March 10
THE INDIAN MARKET IS STILL FIRM - FEARNLEYS AS
Handy
A sluggish start to the week in the Atlantic with little fresh busin ...
Tuesday, 23 March 10
NINE COMPANIES WIN 20-YEAR COAL CONTRACTS - TEMPO
Tempo Interactive reported that, State Eletricity Company (Perusahaan Listrik Negara) revealed four joint ventures and one company winning coa ...
Monday, 22 March 10
INDONESIA`S MERUKH WINS US$3 BLN SWISS CONTRACT TO SUPPLY COAL - ANTARA
Antara Reported that, Indonesia's PT Merukh Enterprises said it has secured a 30-year contract to supply coal to Swiss buyer Glencore International ...
Monday, 22 March 10
INDIA TO IMPORT COLOMBIAN COAL FOR FIRST TIME AS DEMAND SURGES - BLOOMBERG
Bloomberg reported that, Adani Enterprises Ltd., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first t ...
Saturday, 20 March 10
NO MAJOR CHANGES ON SUPRAMAX MARKET FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: “The dry bulk freight market continued to be firm on the Panamax and Supramax and Handy size vessels”, said Capt. Reddy MD ...
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Showing 5926 to 5930 news of total 6871 |
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- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Economic Council, Georgia
- Australian Coal Association
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- The University of Queensland
- GVK Power & Infra Limited - India
- Planning Commission, India
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
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