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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$421 pmt (IFO 380 CST ex. Singapore) on 28th May 2010.
CLICK HERE for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
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Monday, 24 May 10
PAMA TO CLOSE COALS ACQUISITION IN 2010
Insider Stories reported that, Indonesia's largest coal mining contractor PT Pamapersada Nusantara, subsidiary of PT United Tractors Tbk (UNTR), wi ...
Sunday, 23 May 10
SINGARENI LEVIES PREMIUM TO BALANCE COAL DEMAND - BUSINESS STANDARD
Business-Standard reported that, In view of the rising demand for coal, Singareni Collieries Company Limited has recently levied a premium on c ...
Saturday, 22 May 10
THE BRENT CRUDE PRICES WAS SHARPLY DOWN AT US$ 71.72 PER BARREL - VISTAAR SHIPPING
COALspot.com: The freight market was under pressure with the caps size index down by 10 pct with uncertainty in Europe crisis continuing.
The BD ...
Saturday, 22 May 10
PORT CONGESTION IN AUSTRALIA HELPING RATES CHINA COAL IMPORT BOOM TO CUSHION FREIGHT RATES
China's record coal imports this year will provide some support to freight rates but growing pressure from fleet oversupply is set to limit gains. ...
Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delive ...
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Showing 5821 to 5825 news of total 6871 |
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- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Antam Resourcindo - Indonesia
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
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