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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, 23 August 10
NOBLE RESOURCES AND PAN ASIA INK MAJOR COAL DEAL
Pan Asia Corporation Limited has, via Innovation West Pty Ltd, entered into a binding coal purchase & finance agreement with Noble Resources Pte ...
Monday, 23 August 10
THE FREIGHT MARKET IS EXPECTED TO BE FIRM FOR NEXT COUPLE OF WEEKS - VISTAAR SINGAPORE
COALspot.com: The BDI continued to rise this week by 11.67 pct with the other sectors also keeping the moment. The cape size index also was up by 11 ...
Friday, 20 August 10
JAKARTA TO HOST 9TH ASIA PACIFIC MINING CONFERENCE AND EXHIBITION IN OCTOBER
ASEAN Federation of Mining Association (AFMA), an association of mining groups in Southeast Asia, will hold the 9th Asia Pacific Mining Conference a ...
Friday, 20 August 10
OVERSEAS AND GENERAL SUBSIDIARY INKS US$52M JONGKANG COAL SALES CONTRACT - PROACTIVE INVESTORS
Proactive Investors reported that, overseas and General (ASX: OGL) has reported that its Indonesian majority owned subsidiary, PT OGL Indotrade, has ...
Friday, 20 August 10
POWER COS SEEK MINING PARTNERS TO BID FOR 1,920-MW PROJECT
"A joint venture between the Maharashtra and Tamil Nadu governments for a pit-head power project, has been allotted the biggest coal block yet ...
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Showing 5651 to 5655 news of total 6871 |
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- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Australian Coal Association
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Xindia Steels Limited - India
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- Ministry of Finance - Indonesia
- The University of Queensland
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
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