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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, 02 August 10
LINC, ADANI COMPLETE THEIR COAL CONNECTION
"THE much-speculated deal between underground coal gasification company Linc Energy and India's Adani Enterprises is set to be signed tomorrow ...
Saturday, 31 July 10
TABONEO ANCHORAGE TO LOAD 1.5 MLN TON OR MORE COAL IN H1 AUGUST
COALspot.com: Eighty five ocean going vessels and barges have been nominated by coal buyers to their respective suppliers in Indonesia to load about ...
Saturday, 31 July 10
SEEMS THE FREIGHT MARKET WOULD BE FAIRLY STABLE FOR H2 2010 - VISTAAR
COALspot.com: The BDI continued moving up since 16th July and rise by 14 pct almost touching 2000 points.
The BDI was up by 7.72 pct last week wh ...
Friday, 30 July 10
DRY BULK MARKET BACK ON THE ROAD TO RECOVERY
Freight rates for dry bulk carriers have continued to edge higher this week, with the industry’s main benchmark, the Baltic Dry Index (BDI) ga ...
Thursday, 29 July 10
GOVT TOO OPTIMISTIC ON IRON, COAL PRICE
Federal government forecasts of continued strength in iron ore and coal prices, which underpin revenue expectations for the proposed new mining tax, ...
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Showing 5686 to 5690 news of total 6871 |
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- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- White Energy Company Limited
- Trasteel International SA, Italy
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
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