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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, 02 September 10
PLN ASKED TO USE LOCAL COAL
Tempo Interactive reportd that, the Indonesian Mining Association Executive Director, Priyo Pribadi, has called on the state-run electricity company ...
Thursday, 02 September 10
NALCO OPEN TO EQUITY DILUTION IN $3.9 BN PROJECT IN INDONESIA
Business-Standard reported that, state-owned Nalco today said it is considering selling stake in its $3.9 billion (over Rs 18,000 crore) aluminium p ...
Thursday, 02 September 10
DRY BULK MARKET GAINS MOMENTUM TO INCREASE, WITH CHINA ONCE AGAIN TO THE RESCUE
With predictions from Chinese officials stating that the country’s iron ore imports during 2010 could surpass the record amounts of 2009, the ...
Wednesday, 01 September 10
STC BAGS NTPC ORDER TO SHIP 12 MT COAL
My Digital FC reported that, The State Trading Corporation (STC) has bagged NTPC’s tender to ship 12 million tonnes coal from Ind&sh ...
Wednesday, 01 September 10
JAKARTA TO HOST MAJOR INTERNATIONAL MINING EVENT
COALspot.com: (Press Release) In October 2010, the Indonesian Mining Association (IMA) and the Indonesian Coal Mining Association (APBI) will host t ...
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Showing 5631 to 5635 news of total 6871 |
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- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- Marubeni Corporation - India
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Planning Commission, India
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
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