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Saturday, 01 May 10
THE PERIOD ACTIVITY WAS QUITE FIRM DURING THE WEEK - CAPT. REDDY
COALspot.com: The BDI was up by 11.32 pct which was mainly due to the firmness in capsize index which was up by 21.55 pct .
The other sectors Panamax, Supramax and handy size only increased marginally by 3.80 pct , 2.22 pct and 0.37 pct respectively. “The period activity was quite firm during the week”, said Capt. Reddy, MD of Vistaar Shipping Singapore.
Capsize vessels were reported fixed at around US$ 33000 per day for one year and short period rates were reported at US$ 35/36000 per day . Panamax vessels for short period were reported around US$ 28/30000 per day and for US$ 21/22000 per day for 2 years. Supramax vessels short period rates reported at around US$ 25/26000 per day and one year period rate was rates reported at around US$ 22/23000 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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3354
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3013
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341↑
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11.32
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Baltic Cape Index
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3956
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3238
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698 ↑
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21.55
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Baltic Panamax Index
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3900
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3757
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243 ↑
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2.80
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Baltic Supra Index
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2715
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2656
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59 ↑
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2.22
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Baltic Handy size Index
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1356
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1351
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5 ↑
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0.37
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As of 30 April 2010
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“There are indications that there could be slowing down of iron ore imports by China and will be interesting to see if there would be freight market will soften. The indices and futures were soft on Friday and seems the next week could be soft at least for the early part of the week”, - Capt Reddy
The average charter hire was at Cape / US$ 38611 per day , Panamax / US$ 31382 per day , Supramax / US$ 28384 per day and Handy size / US$ 19861 per day .
The Supramax index in the Fareast (S6 route) softened slightly by US$ 241 and closed at US$ 21639 per day . The ECI/China (S7) route firmed up slightly this week and was up by US$ 993 pday and closed at US$ 30031 per day .
The futures for three years (2010-2012) was at around Cape / US$ 29000 per day , Panamax/ US$ 21000 per day , Supramax / US$ 18500 per day , Handy size / US$ 14000 per day .
The congestion in EC Australian ports reduced to 123 vessels this week (last week 141 vessels ). The vessels waiting at main coal loading ports were at Hay point / 3, DBCT / 64, Gladstone / 12, Abbot Point / 1, New Castle / 41 vessels, Pot Kembla / 2 vessels. On the WC Australia iron ore vessels waiting also reduced to 22 vessels (last week 29 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3-4 days. Waiting at Haldia is only about 1-2 days .
The Brent crude prices continued to be firm up and was at 87.38 per barrel (last week US$ 85.93 per barrel). The prices of bunkers was quite firm at 499.00 mts (IFO 380 CST ex. Singapore) on 30th April 2010.
CLICK HERE for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
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Thursday, 27 May 10
DRY BULK RATES REACH 2010 HIGHS, BUT FUTURE REMAINS UNCERTAIN
This week is proving to be a milestone for the dry bulk market, as the Baltic Dry Index has propelled itself at never before seen levels for 2010. Y ...
Wednesday, 26 May 10
ADANI GROUP EYES AFRICA FOR COAL MINING PROJECTS
India Info Line reported that, After acquiring coal mines for importing Indonesian coal to run its thermal power plants in the country, the Adani Gr ...
Wednesday, 26 May 10
DRY BULK MARKET SHOOTS UP, CLOSES IN ON POST-CRISIS ERA HIGHS
In an opposite trend than that of the previous week, the Baltic Dry Index (BDI), a benchmark for tracking costs to haul commodities at sea, shot up ...
Wednesday, 26 May 10
BUMI TO CUT UP TO USD 1 BILLION DEBT IN 12 MONTHS
Press Release : PT Bumi Resources Tbk. announced yesterday that it has revived its intent to issue non preemptive shares and added this to the agend ...
Tuesday, 25 May 10
COAL PRODUCTION MAY REACH 320 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce as much as 320 million tons of coal this year, an increase of nearly 7 perc ...
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Showing 5811 to 5815 news of total 6871 |
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- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Parliament of New Zealand
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Bhatia International Limited - India
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