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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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Tuesday, 17 August 10
HANDIES AND SUPRAS WOKE UP AGAIN AFTER SEVERAL WEEKS OF LETHARGY - BRS
A spectacular increase in Cape size rates pushed the BDI up more than 20% this week, with demand for prompt tonnage in the Pacific causing a major s ...
Monday, 16 August 10
INDIA'S TNPL TO SUPPORT TNEB WITH COAL SUPPLIES
COALspot.com: TNPL to award 300,000 MT of coal supply contract to Nehel General Trading of India. Tamil Nadu state undertaking , Tamil N ...
Monday, 16 August 10
INDONESIA'S PLN SECURED COAL SUPPLIES, LESS IMPACT BY RAINS
COALspot.com: Indonesian State Electricity Company, PT Perusahaan Listrik Negara (PLN), has secured coal supplies for all of its power plants except ...
Sunday, 15 August 10
THE FREIGHT MARKET IS EXPECTED TO REMAIN FIRM - CAPT REDDY
COALspot.com: The BDI rose by almost 22 pct despite peak holiday season which is usually quite market , where as the BCI up sharply by 46 pct which ...
Saturday, 14 August 10
INDONESIAN THERMAL COAL PRICES EXPECTED TO MOVE UP IN SEPTEMBER 2010 - CHAIRMAN ICMA
COALspot.com: Indonesian Coal Mining Association is expecting, the Indonesian and international coal prices will increase, and will be reached ...
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Showing 5661 to 5665 news of total 6871 |
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- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- The University of Queensland
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
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