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Saturday, 15 May 10
THE AVERAGE CHARTER HIRE FOR CAPE REACHES US$ 49,931 PER DAY - VISTAAR SINGAPORE
 COALspot.com: "The freight market was extremely buoyant this week with BDI almost up by 9 pct and the market was very firm in Feast/SE Asia sector for all type of vessels. However towards end of the week appeared lose some steam", said Capt. Reddy, MD of Vistaar Shipping, Singaproe.
All other sectors also was up with cape index up by 10.49 pct , Panamax /6.84 pct , Supramax/6.84 pct and Handy size/4.89 pct. The spot market behaved much higher than the index with freight rates from Indonesia to India up by 25-30 pct this week.
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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3921
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3354
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321 ↑
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8.90
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Baltic Cape Index
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4804
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4348
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456 ↑
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10.49
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Baltic Panamax Index
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4340
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4062
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278 ↑
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6.84
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Baltic Supra Index
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3076
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2888
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188 ↑
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6.50
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Baltic Handy size Index
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1486
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1412
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69 ↑
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4.88
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As of 14 May 2010
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The period activity continued to be strong and Supramax for short period were fixed at almost US$ 30000 per day and one year was seen fixed at around US$ 24000 per day. It appears that the markets peaked this week and some correction expected in the coming weeks.
The average charter hire was at Cape/US$ 49931 per day, Panamax/US$ 3,4901 per day, Supramax/US$ 32,160 per day and Handy size/US$ 21524 per day.
The Supramax index in the Fareast (S6 route) quite firm and was by US$ 3,619 day and closed at US$ 26,964 per day. However the vessel were reported fixed at much higher levels at almost at US$ 28/30,000 per day. The ECI/China (S7) route also firmed up by US$ 1,123 per day and closed at US$ 33,027 per day.
The futures for three years(2010-2012) was at around Cape/US$ 31,000 per day, Panamax/US$ 22,500 per day, Supramax/US$ 19,500 per day Handy size/US$ 15,000 per day.
The congestion in EC Australian ports was at 115 vessels this week (last week 113 vessels ). The vessels waiting at main coal loading ports were at Hay point/4, DBCT/66, Gladstone/10, Abbot Point/1, New Castle/31 vessels, Pot Kembla/3 vessels. On the WC Australia iron ore vessels waiting also reduced to 24 vessels (last week 21 vessels).
The waiting at Indian ports for coal vessels was quite normal around 2/3 days except and congestion situation improved 3/4 days except for Paradip port where berthing delays was high.
The Brent crude prices was almost at same levels as last Friday closed at US$ 78.15 per barrel (last week US$ 78.51 per barrel). The prices of bunkers was also firm during the week however closed at US$ 474.00 pmt (ifo 380 cst ex Singapore) on 14th May 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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Tuesday, 04 May 10
DRY BULK MARKET SOFTENING AGAIN ON LACK OF DIRECTION
The dry bulk market has put on the brakes once again, after the last session of the Baltic Dry Index ended at 3,354 points, down 5 from the previous ...
Monday, 03 May 10
AUSTRALIA PLANS 40 PERCENT TAX ON MINING PROFITS - THE JAKARTA POST
The Jakarta Post reported that, Australia would heavily tax the booming profits of its mining companies under a tax system overhaul proposed Sunday ...
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 Pan ...
Saturday, 01 May 10
EXPANDED SA COAL TERMINAL TO START OPERATIONS ON MAY 1 - MINING WEEKLY
Mining Weekly reported that, In line with expectations, the Richards Bay Coal Terminal (RBCT) had completed the R1,2-billion Phase V expansion ...
Thursday, 29 April 10
SOUTH AFRICAN ROUNDS BACK TO INDIA SUPRAS CAN ACHIEVE AROUND MID 20S
Handy
Atlantic markets remain firm. Supramaxes open in USG are now achieving low/mid&n ...
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Showing 5851 to 5855 news of total 6871 |
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- Semirara Mining and Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Planning Commission, India
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- MS Steel International - UAE
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- White Energy Company Limited
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
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