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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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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 ...
Saturday, 28 August 10
KRISHNAPATNAM PORT SETS AN ALL INDIA COAL DISCHARGE RECORD
COALspot.com: Krishnapatnam Port has established all new record for coal discharged in India using the conventional system of coal unloading for por ...
Friday, 27 August 10
PAKISTAN WILL IMPORT 8 TO 10 PERCENT MORE COAL IN 2011
COALspot.com: Pakistan to import 4 million ton of coal in 2011 up by 8-10 percent compare to this year’s imports. "Pakistan's tota ...
Thursday, 26 August 10
CHARTERERS SWITCHING FROM PANAMAX TO CAPE STEMS DUE TO CAPE FALL
Handy
The activity picked up in the Atlantic with more enquiries seen for short period tonnage for end August/beg September - As the grain season ...
Wednesday, 25 August 10
BUKIT ASAM OUT TO BECOME BIGGEST COAL PRODUCER
The Jakarta Post reported that, State-owned PT Batubara Bukit Asam Tbk intends to become the country's biggest coal producer in 2016 with productio ...
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Showing 5641 to 5645 news of total 6871 |
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- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- GMR Energy Limited - India
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Planning Commission, India
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
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