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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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Monday, 30 August 10
DRY BULK MARKET STABILIZES, ALBEIT AT A FALLING NOTE
The dry bulk market’s leading benchmark, the Baltic Dry Index (BDI) ended the week at 2712 points, a marginal weekly loss of 1.6% or 44 points ...
Saturday, 28 August 10
KRISHNAPATNAM PORT SETS AN ALL INDIA COAL DISCHARGE RECORD
COALspot.com: Krishnapatnam Port has established all new record for coal discharged in India using the conventional system of coal unloading for por ...
Friday, 27 August 10
PAKISTAN WILL IMPORT 8 TO 10 PERCENT MORE COAL IN 2011
COALspot.com: Pakistan to import 4 million ton of coal in 2011 up by 8-10 percent compare to this year’s imports. "Pakistan's tota ...
Thursday, 26 August 10
CHARTERERS SWITCHING FROM PANAMAX TO CAPE STEMS DUE TO CAPE FALL
Handy
The activity picked up in the Atlantic with more enquiries seen for short period tonnage for end August/beg September - As the grain season ...
Wednesday, 25 August 10
BUKIT ASAM OUT TO BECOME BIGGEST COAL PRODUCER
The Jakarta Post reported that, State-owned PT Batubara Bukit Asam Tbk intends to become the country's biggest coal producer in 2016 with productio ...
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Showing 5641 to 5645 news of total 6871 |
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- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- Parliament of New Zealand
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Australian Coal Association
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
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