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Sunday, 03 October 10
THE BDI WAS JUST INCREASED BY 8 POINTS AND CLOSED AT 2452 POINTS LAST FRIDAY - VISTAAR
COALspot.com: The BDI was almost at same levels and just increased by 8 points and closed at 2452 points , however the cape index was up by almost 10 pct and closed at 3419 points. The Panamax was under pressure and was down by 10 pct and closed at 2412 points . Supramax and handy size index was bit soft and was down by 1.92 pct and 2.90 pct respectively.
The market is expected to be bit soft next week also. The waiting at coal loading ports in Australia increased , where as the iron ore vessels waiting at Australian ports reduced. Also the iron ore shipments out of India was under pressure and the market was soft and few ships opening WC India were seen ballasting towards South Africa.
The average charter hire was at Cape/US$ 32,626 per day, Panamax/US$ 19,283, Supramax/US$ 19,272 per day and Handy size/US$ 15,165 per day.
The Supramax index in the Fareast (S6 route) was soft and was almost at same levels as last week and closed at US$ 18,087 per day (last week US$ 18,027 per day). The ECI/China (S7) route further softened by US$ 621 per day (down by 3.62 pct) and closed at US$ 16508 per day .
The S6 and S7 routes seems will be under pressure next week too.
The futures for three years (2010-2012) was almost at same levels of last week and was around Cape/US$ 27,500 per day, Panamax/US$ 20,500 per day, Supramax/US$ 18,500 per day, Handy size/US$ 14,000 per day.
The congestion in EC Australian ports increased to 105 vessels this week (last week 93 vessels ). The vessels waiting at main coal loading ports were at Hay point/4, DBCT/40, Gladstone/9, Abbot Point/3, New Castle/49, Port Kembla/Nil vessels. On the WC Australia iron ore vessels waiting was slightly down to 19 vessels (last week 26 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 firm and was up by almost US$ 5 per barrel and closed at US$ 83.78 (last week US$ 78.87 per barrel ). The bunkers prices was also firmed up and was up by almost US$ 19 pmt and price (380 cst ) ex Singapore and was at US$ 459.00 pmt (last week US$ 440 pmt) on 1st Oct 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
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.
...
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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- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
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