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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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- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- The University of Queensland
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Latin American Coal - Colombia
- GMR Energy Limited - India
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Economic Council, Georgia
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
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