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Saturday, 29 May 10
FREIGHT MARKET SEEMS TO BE STABILIZING - CAPT. REDDY
COALspot.com: The week was clearly for Cape which went up by almost 21 pct . The BDI was up only by 6 pct.
The other sectors were under pressure and the Panamax/Supramax and Handy size index was down by 7.19 pct , 3.65 pct and 2.57 pct respectively. The market seems to be stabilizing and the firmness which was seen in the Panamax and Supramax sector for last couple of weeks has weakened.
"Overall with the financial markets in turmoil the market has been very unsteady. It appeared that the cargo stems out of Indonesia and Australia were less", said Capt. Reddy, MD of Vistaar Shipping, Singapore.
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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4078
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3844
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234 ↑
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6.09
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Baltic Cape Index
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5217
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4317
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900 ↑
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20.85
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Baltic Panamax Index
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4247
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4576
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329 ¯
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-7.19
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Baltic Supra Index
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2982
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3095
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113 ¯
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-3.65
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Baltic Handy size Index
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1477
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1516
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39 ¯
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-2.57
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As of 28 May 2010
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The average charter hire was at Cape/US$ 57,095 per day, Panamax/ US$ 34,083 per day, Supramax/ US$ 31,176 per day and Handy size/ US$ 21,408 per day.
The Supramax index in the Fareast (S6 route) was down by US$ 696 per day and closed at US$ 26,234 per day. The ECI/China (S7) route softened by US$ 4,179 per day and closed at US$ 27,200 per day and is likely to soften further.
The futures for three years (2010-2012) was at around Cape/ US$ 32,000 per day, Panamax/ US$ 21,500 per day, Supramax/ US$ 19,000 per day, Handy size/ US$ 14,000 per day.
The congestion in EC Australian ports was at 128 vessels this week (last week 117 vessels ). The vessels waiting at main coal loading ports were at Hay point/14, DBCT/63, Gladstone/11, Abbot Point/Nil, New Castle/16 vessels, Port Kembla /1 vessel. On the WC Australia iron ore vessels waiting increased to 42 vessels (last week 26 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days except that congestion starting to increase at Visakhapatnam and Haldia in addition to Paradip.
The Brent crude prices was slighlty up at US$ 74.14 per barrel (last week US$ 71.72 per barrel). The prices of bunkers was quite soft during later part of the week and closed at US$421 pmt (IFO 380 CST ex. Singapore) on 28th 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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Thursday, 24 June 10
DRY BULK MARKET AT LOWEST POINT IN EIGHT MONTHS
The dry bulk market’s demise has failed to turn around so far this week, with the industry’s benchmark, the Baltic Dry Index (BDI), yest ...
Wednesday, 23 June 10
WILHELMSEN SHIPS SERVICE OPENS NEW OFFICE IN KRISHNAPATNAM PORT INDIA
Wilhelmsen Ships Service has opened a branch office in Krishnapatnam port on the east coast of India according to statement released by company ...
Wednesday, 23 June 10
PTC'S INDONESIAN COAL-MINING FORAY-I: TO INVEST USD 69 MILLION VIA OVERSEAS SPV
Moving ahead with its plans to acquire coal assets abroad, the power trading major, PTC India Limited, has decided to invest a total of USD 69 milli ...
Tuesday, 22 June 10
INDIA HAS REPORTED MORE COAL IMPORTS FROM COLOMBIA
A second consecutive week of sharp corrections for the dry bulk market, although some of the softness could be attributed to Chinese holidays at the ...
Monday, 21 June 10
THE SUPRAMAX INDEX IN THE FAR-EAST (S6 ROUTE) WAS DOWN BY $ 1300 PER DAY - VISTAAR
COALspot.com: The market continued to soften in all sectors last week also with the BDI dropping by 18.07 pct and Cape index by 26.71 pct.
The BD ...
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Showing 5766 to 5770 news of total 6871 |
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- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- The University of Queensland
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
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