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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, 06 August 10
KRISHNAPATNAM PORT WINS NON MAJOR PORT AWARD 2ND TIME IN A ROW
COAlspot.com ( Press Release) Krishnapatnam Port, the world-class port on the Indian horizon, took the top honors for the second time in a row, in t ...
Friday, 06 August 10
POLANDS KOPEX GROUP DEVELOPS COAL MINE IN INDONESIA
Polishmarket reported that, Polish mining concern Kopex Group, , is to build the first in Indonesia mechanised underground coal mine. The group is c ...
Thursday, 05 August 10
MORATORIUM MAY HURT NEW PROJECTS: MINING GROUP
The government’s proposed two-year moratorium on issuing new concessions to convert forests and peatlands to other uses may hinder new mining ...
Thursday, 05 August 10
IRON ORE EXPORT BAN COMPOUNDS PROBLEMS OF INDUSTRY - BUSINESS STANDARD
Forex loss of Rs 300 crore (US$ 65.63 million) ; truckers, ports, Railways bear the brunt
The Karnataka government’s move to ban the export ...
Thursday, 05 August 10
DRY BULK LOOKING TO CHINA FOR A NEW RALLY, BUT INDIA COULD BE THIS YEAR'S SURPRISE
The dry bulk market’s rebound has hit a “wall” this week, with the industry’s benchmark, the BDI (Baltic Dry Index) ending i ...
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Showing 5676 to 5680 news of total 6871 |
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- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
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