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Sunday, 05 September 10
THE FREIGHT MARKET WAS BIT VOLATILE WITH NO CLEAR INDICATION OF THE MARKET - CAPT REDDY
 COALsopot.com: The freight market was bit volatile with no clear indication of the market.
However the BDI continued the upward trend mainly due to cape index. The BDI was up by 6.05 pct and the BCI up by 14.15 pct . The cape index has been steadily moving up for last few weeks. Panamax index was up only by 4.80 pct where Supramax was down by 5.55 pct. The handy size index was also slightly down by 1.20 pct.
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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2876
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2712
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164
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↑
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6.05
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Baltic Cape Index
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3937
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3449
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488
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↑
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14.15
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Baltic Panamax Index
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3121
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2978
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143
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↑
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4.80
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Baltic Supra Index
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1992
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2109
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117
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¯
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5.55
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Baltic Handy size Index
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1066
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1079
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13
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¯
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1.20
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As of 3 September 2010
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There have been quite a few period fixture on the Cape and Panamax vessels which indicates that owners/charterers are anticipating the market to go up and probably hedging the risk. With the holiday season almost over expect that the market would firm up this month and probably expect to remain firm through Q4 2010.
The average charter hire was at Cape/$ 39,734 per day, Panamax/$ 25,099 per day, Supramax/$ 20,833 per day and Handy size/$ 15,702 per day.
The Supramax index in the Fareast (S6 route) down by $ 2,103 per day ( down by 9.72 pct) and closed at $ 19,540 per day. The ECI/China (S7) route also down by $ 1,872 per day (down by 9.00 pct) and closed at $ 18,859 per day . The S6 and S7 routes seemed to be slightly soft like all other Supramax routes.
The futures for three years (2010-2012) was firm for cape and panamax vessels and was at around Cape/$ 28,000 per day, Panamax/$ 22,000 per day, Supramax/$ 18,500 per day and Handy size/$ 14,000 per day.
The congestion in EC Australian ports was at the lowest at 100 vessels this week (last week 127 vessels ). The vessels waiting at main coal loading ports were at Hay point/2, DBCT/49, Gladstone/5, Abbot Point/Nil, New Castle/49, Port Kembla/Nil vessels. On the WC Australia iron ore vessels waiting was same at 20 vessels (last week 20 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days, except that the congestion at Paradip and Haldia was increasing.
The Brent crude prices was almost at same levels and almost at same levels as last week at $ 76.55 per barrel (last week $ 76.93 per barrel). The bunkers prices was almost at same levels and the prices ex Singapore and was at $ 438.50 pmt (IFO 380 CST ex Singapore) on 3rd Sept 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, 13 September 10
CIL IN TALKS WITH SHIPPING CORP TO FORM JV FOR COAL IMPORTS
Shipping Corporation of India, the largest domestic shipping liner, may form a joint venture with Coal India for coal imports, a top company officia ...
Monday, 13 September 10
FREIGHT MARKETS MAY BE A BIT SOFT THIS WEEK - VISTAAR SINGAPORE
COALspot.com: The freight market continued its upward trend with the BDI almost touching 3000 points. However the uncertainty seems to continue with ...
Friday, 10 September 10
INDONESIAN RAILWAY CONTRACT STILL UP FOR BIDDING - LOGISTICS WEEK
The tender process for a $2.2bn project to build a coal-transporting railway line in Central Kalimantan province, Indonesia, is still underway and n ...
Friday, 10 September 10
WCI INTO CHINA WITH IRON ORE ARE AIMING AROUND $ 20K - FEARNBULK
Handy
The rates are firm in every corner of the world. However it still looks Atlantic/Baltic/Black Sea offer better employment opportunities for ...
Thursday, 09 September 10
INDIANS BALCO TO BUY 50 K OF 3,000 TO 4,500 GAR CALORIFIC VALUE COAL
COALspot.com: Bharat Aluminium Company Limited (BALCO) is a subsidiary of Sterlite Industries (India) Limited and part of Vedanta Resources PLC, a L ...
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Showing 5616 to 5620 news of total 6871 |
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- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- The University of Queensland
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Planning Commission, India
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Mjunction Services Limited - India
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