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Saturday, 18 September 10
ECI / CHINA FREIGHT ROUTE DOWN BY 1.22 PCT OR US$ 225 PER DAY AND CLOSED AT US$ 18,123 PER DAY - VISTAAR
COALspot.com: The BDI was under pressure this week and was almost down by 11 pct and closed at 2676 points.
The Cape and Panamax index was almost down by 13 pct and closed at 4,019 points and 3,394 points respectively. However the Supramax index and the handy size index was almost at same levels with hardly any change and closed at 2,046 points and 1,078 points respectively.
The iron ore prices was under pressure, with no signs of demand from China. Also there is news that the steel mills in china would be reducing the production by 20/30 pct which would further mean that the iron ore demand would be weak.
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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2676
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2995
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319
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¯
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10.65
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Baltic Cape Index
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3481
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4019
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538
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¯
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13.39
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Baltic Panamax Index
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2928
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3394
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466
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¯
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13.73
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Baltic Supra Index
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2012
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2046
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34
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¯
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1.66
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Baltic Handy size Index
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1085
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1078
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7
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↑
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0.65
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As of 17 September 2010
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The freight market was under pressure close of the week and seems will continue to same next week also.
The average charter hire was at Cape / US$ 33,812 per day, Panamax / US$ 23,525 per day, Supramax / US$ 21,041 per day and Handy size / US$ 15,694 per day.
The Supramax index in the Far East (S6 route) was down by US$ 280 per day (down by 1.4 pct ) and closed at US$ 19,395 per day. The ECI / China (S7) route was down by US$ 225 per day (down by 1.22 pct) and closed at US$ 18,123 per day . The S6 and S7 routes seems will be under pressure next week also.
The futures for three years (2010-2012) was almost at same levels and was around Cape/US$ 27,000 per day, Panamax,/,US$ 21,000 per day, Supramax,/,US$ 18,500 per day, Handy size / US$ 14,000 per day.
The congestion in EC Australian ports increased to 102 vessels this week (last week 93 vessels ). The vessels waiting at main coal loading ports were at Hay point/5, DBCT/40, Gladstone/7, Abbot Point/3, New Castle/44, Port Kembla/3 vessels. On the WC Australia iron ore vessels waiting was slightly down to 30 vessels (last week 33 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days, except that the congestion at Haldia continued to be high with almost 15 days berthing delays for iron ore vessels.
The Brent crude prices was almost at same levels and was at US$ 78.08 per barrel (last week US$ 78.22 per barrel ). The bunkers prices was almost around same levels ex Singapore and was at US$ 443.50 pmt (ifo 380 cst ex Singapore) on 17th 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, 25 September 10
INDONESIA HAS EXPORTED 187.656 MILLION TONNES OF COAL IN EIGHT MONTHS
COALspot.com: Indonesia, the world largest coal exporter has exported 187.656 million tons of coal for the period January – August this ...
Saturday, 25 September 10
PRESSURE ON S6 AND S7 ROUTES SEEMS TO BE CONTINUED NEXT WEEK CAPT. REDDY
COALspot.com: The freight market has been flat this week due to holidays in China and low activity saw all sectors down and soft.
The BDI was dow ...
Thursday, 23 September 10
CHURCHILL MINING SHARES JUMP ON EAST KUTAI COAL PROJECT FEASIBILITY RESULTS - STOCKOPEDIA
AIM listed mining group Churchill Mining (LON:CHL) and its Indonesian partners the Ridlatama Group, have completed a feasibility study on the 2.73bn ...
Thursday, 23 September 10
DRY BULK RATES EXPECTEDLY FALL TO ONE MONTH LOWS - HELLENIC SHIPPING
With of the Far East trade routes closed this week on various national holidays, demand for ocean transportation of raw materials has been significa ...
Wednesday, 22 September 10
INDIA TO BE BIGGEST BUYER OF INDONESIAN COAL BY 2011 - BUSINESS STANDARD
India will pass Japan to be the biggest buyer of Indonesian coal by 2011, said Bob Kamandanu, chairman of the Indonesian Coal Mining Association.
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Showing 5596 to 5600 news of total 6871 |
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- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- White Energy Company Limited
- Australian Coal Association
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Star Paper Mills Limited - India
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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