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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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Wednesday, 31 March 10
DRY BULK MARKET STILL MODERATELY FALLING, BUT POSITIVE SIGNS APPEAR ON THE HORIZON - HELLENIC SHIPPING
The irregularities of the current dry bulk market have been more than evident in the fact that panamax vessels today earn more than their larger cap ...
Wednesday, 31 March 10
INDIKA ENERGYS PROFIT HIT BY FOREX LOSS AND CABOTAGE - THE JAKARTA GLOBE
The Jakarta Globe reportd that, PT Indika Energy posted a 30 percent drop in 2009 net profit due to a foreign exchange loss and impairment of intang ...
Wednesday, 31 March 10
ITMG TO UP COAL OUTPUT DESPITE PERMIT PROBLEMS - THE JAKARTA POST
The Jakarta Post reported that, the country’s third largest coal producer PT Indo Tambang Raya Megah (ITMG) said it can raise output although ...
Tuesday, 30 March 10
ANALYST SEES BDI LIFT, SUGGESTS DRY BULK SHORT SQUEEZE
Analysts at Credit Suisse are bullish on Diana and see a potential short squeeze elsewhere in the sector. The Baltic Dry Index (BDI) -- an industry ...
Tuesday, 30 March 10
CHINA'S DROUGHT RAISES COAL PRICES, LOWERS HYDROPOWER
Bloomberg reported that, Benchmark coal prices at Qinhuangdao, China’s largest port handling the fuel, rose for the first time in 10 weeks aft ...
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Showing 5911 to 5915 news of total 6871 |
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- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Planning Commission, India
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
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