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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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Thursday, 09 September 10
INDONESIA SWAPS COAL FOR INFRASTRUCTURE - FT
As Asia’s major economies bound forward and their hunger for energy surges over the next decade, Indonesia is strategically positioned to take ...
Thursday, 09 September 10
DRY BULK MARKET IS LOOKING TO INCREASE GAINS ON OCTOBER IRON ORE CONTRACTS
The “success” story that the dry bulk market has been displaying during the past couple of weeks is being materialized as we head toward ...
Tuesday, 07 September 10
INDIA IMPORTS 1.63 MLN T OF COAL FOR THE PERIOD 30 AUGUST - 5 SEPTEMBER - SOURCES
COALspot.com: India has imported 1.07 million tons of power plant coal, 0.520 mln tons of coking coal and around 41,000 mt of Anthracite coal for th ...
Tuesday, 07 September 10
GOVERNMENT DECLARED INDONESIAN COAL PRICE REFERENCE DECLINE FOR THIRD-STRAIGHT MONTH
COALspot.com: Indonesian thermal coal price reference, a monthly benchmark price declared by Ministry of Energy and mineral resources of Repub ...
Tuesday, 07 September 10
MERCATOR TO BUY COAL MINE IN INDONESIA THIS FISCAL
Mercator Lines, India’s second-largest shipping company which has diversified into coal mining, will buy a coal mine in Indonesia with more th ...
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Showing 5621 to 5625 news of total 6871 |
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- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- The University of Queensland
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
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