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Saturday, 28 August 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS FIRM FOR CAPE AND PANAMAX VESSELS - VISTAAR
COALspot.com: The freight market appeared to be heading for correction with the indices coming off during later part of the week. The BDI closed 44 points where as the cape and panamax index was down by 129 points and 111 points respectively. The Supramax and handy size was marginally up by 33 point and 11 points respectively. The short period rates for Q4 has been quite strong and appears that the market will be fairly firm. However closing of the week there was news of a double dip recession in USA which is likely to create some uncertainty in the financial markets and if that happens could affect the shipping market also.
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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2712
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2756
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44
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¯
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-1.6
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Baltic Cape Index
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3449
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3578
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129
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¯
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-3.61
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Baltic Panamax Index
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2978
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3089
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111
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¯
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-3.59
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Baltic Supra Index
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2109
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2079
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33
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↑
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1.59
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Baltic Handy size Index
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1079
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1068
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11
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↑
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1.03
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As of 27 August 2010
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The average charter hire was at Cape/$ 33745 per day, Panamax/$ 23935 per day, Supramax/$ 22054 per day and Handy size/$ 15855 per day.
The Supramax index in the Fareast (S6 route) was up by $ 725 per day ( up by 3.46 pct) per day and closed at $ 21643 per day. The ECI/China (S7) route also up by $ 827 per day (up by 4.15 pct) and closed at $ 20731 per day . The S6 and S7 routes likely to be steady/firm.
The futures for three years (2010-2012) was firm for cape and panamax vessels and was at around Cape/$ 28000 per day, Panamax/$ 22000 per day, Supramax/$ 18500 per day, Handy size/$ 14000 per day.
The congestion in EC Australian ports was at 127 vessels this week (last week 129 vessels ). The vessels waiting at main coal loading ports were at Hay point/4, DBCT/49, Gladstone/14, Abbot Point/2, New Castle/55 vessels, Port Kembla/3 vessels. On the WC Australia iron ore vessels waiting increased to 20 vessels (last week 26 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
The Brent crude prices was volatile but closed higher than last week at $ 76.93 per barrel (last week $ 74.45 per barrel). The bunkers prices was almost at same levels and the prices ex Singapore and was at $ 437 pmt (ifo 380 cst ex Singapore) on 27th August 2010.
Click here for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
Reported by Vistaar Shipping, Singapore
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Friday, 03 September 10
NALCO, INDONESIAN FIRM DIFFER ON COAL SUPPLY TO SMELTER - DNA INDIA
A few days ago, National Aluminium Company (Nalco) advertised in Indonesian newspapers asking for companies to bid for coal supplies for its 500,000 ...
Thursday, 02 September 10
PLN ASKED TO USE LOCAL COAL
Tempo Interactive reportd that, the Indonesian Mining Association Executive Director, Priyo Pribadi, has called on the state-run electricity company ...
Thursday, 02 September 10
NALCO OPEN TO EQUITY DILUTION IN $3.9 BN PROJECT IN INDONESIA
Business-Standard reported that, state-owned Nalco today said it is considering selling stake in its $3.9 billion (over Rs 18,000 crore) aluminium p ...
Thursday, 02 September 10
DRY BULK MARKET GAINS MOMENTUM TO INCREASE, WITH CHINA ONCE AGAIN TO THE RESCUE
With predictions from Chinese officials stating that the country’s iron ore imports during 2010 could surpass the record amounts of 2009, the ...
Wednesday, 01 September 10
STC BAGS NTPC ORDER TO SHIP 12 MT COAL
My Digital FC reported that, The State Trading Corporation (STC) has bagged NTPC’s tender to ship 12 million tonnes coal from Ind&sh ...
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Showing 5631 to 5635 news of total 6871 |
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- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Economic Council, Georgia
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- PTC India Limited - India
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
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