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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 down by 8.67 pct and closed at 2,444 points.
The cape index saw the maximum drop and was down by 10.34 pct and closed at 3,121 points. The Panamax and Supramax index was also under pressure and was down by almost 7 pct and closed 2,719 and 1,879 points respectively. The handy size was only marginally down by 1.47 pct and closed at 1,069 points.
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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2444
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2676
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232
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¯
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8.67
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Baltic Cape Index
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3121
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3481
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360
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¯
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10.34
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Baltic Panamax Index
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2719
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2928
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209
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¯
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7.14
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Baltic Supra Index
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1879
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2012
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133
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¯
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6.61
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Baltic Handy size Index
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1069
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1085
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16
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¯
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1.47
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As of 24 September 2010
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The iron ore demand was flat and the iron ore movement into China will have a major affect on the freight market. Also the new deliveries, especially cape size vessels will have a affect on the market with almost 3 cape size vessels new deliveries every week.
The average charter hire was at Cape/US$ 29,002 per day, Panamax/US$ 21,840 per day, Supramax/US$ 19,644 per day and Handy size/US$ 15,666 per day.
The Supramax index in the Fareast (S6 route) was down by US$ 1,368 per day (down by 7.0 pct ) and closed at US$ 11,8027 per day. The ECI/China (S7) route was down by US$ 994 per day (down by 5.48 pct) and closed at US$ 17,129 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 decreased to 93 vessels this week (last week 102 vessels ). The vessels waiting at main coal loading ports were at Hay point/5, DBCT/38, Gladstone/9, Abbot Point/1, New Castle/45, Port Kembla/5 vessels. On the WC Australia iron ore vessels waiting was slightly down to 26 vessels (last week 30 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 20 days berthing delays for iron ore vessels.
The Brent crude prices was almost at same levels and was at US$ 78.87 per barrel (last week US$ 78.08 per barrel ). The bunkers prices was almost around same levels ex Singapore and was at US$ 440.00 pmt (ifo 380 cst ex Singapore) on 24th Sept 2010.
Click here for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore shipments 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 ...
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.
...
Wednesday, 22 September 10
DRY BULK MARKET SENTIMENT TURNS SOUTH AS IRON ORE DEMAND DECLINES
The dry bulk market has once again turned the tide, with the industry’s benchmark, the Baltic Dry Index (BDI) turning south during the previou ...
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Showing 5596 to 5600 news of total 6871 |
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- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- MS Steel International - UAE
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Australian Coal Association
- White Energy Company Limited
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Marubeni Corporation - India
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Xindia Steels Limited - India
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Planning Commission, India
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- PTC India Limited - India
- Larsen & Toubro Limited - India
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