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Saturday, 30 January 10
THE ECI / CHINA (S7) ROUTE SOFTENED BY $ 5,736 AND CLOSED AT $ 27,360 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week probably in anticipation of Chinese New year holidays.
BDI INDEX
The BDI dropped by 356 points by 11 pct and closed at 2,848 points. The cape index dropped by 667 points by 16 pct and closed at 3,494 points. Panamax index dropped by 241 points by 6 pct and closed at 3,420 points. The Supramax index dropped by 178 points by 7 pct and closed at 2,271 points. The handy size index dropped by 47 points by about 4 pct and closed at 1,163 points.
CHARTER HIRE
The average charter hire was at Cape US$ 32,182 per day, Panamax US$ 27,499 per day, Supramax US$ 23,741 per day and Handy size US$ 16,953 per day.
| "The futures for three years was at around Panamax $ 19,000, Supramax $ 16,500 and Handy size $ 12,500 per day" – Vistaar Singapore |
The Supramax index in the far east (S6 route) continued to softened and was down by US$ 2,140 per day and closed at US$ 17,920 per day. It seems that next week also would continue to soften because of Chinese new year holidays approaching.
The ECI / China (S7) route softened by US$ 5,736 per day and closed at US$ 27,360 per day. Short period rates for Supramax was around US$ 21 / 22,000 per day for vessels opening Far east / SE Asia. Supramax charter rates for one year is around US$ 19 / 20,000 per day.
THREE YEARS FUTURE
The futures for three years (2010 - 2012) was at around Cape US$ 30,000 per day, Panamax US$ 19,000 per day, Supramax US$ 16,500 per day and Handy size US$ 12,500 per day.
Some analysts expect that the iron ore movement will touch about 1 billion tons this year. Last year the iron ore movement was at 905 million tons. China would be importing almost 65 pct of the global iron ore. The import of coal is expected to increase .
PORT CONGESTION
The congestion at Australian ports in the EC for coal loading was at 137 vessels (last week 139 vessels). The waiting at DBCT was around 30 days , Hay point and Gladstone 7-10 days and Newcastle about 16 days. On the WC Australia iron ore vessels waiting was at 25 vessels (last week 30 vessels). The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
CRUDE
The crude prices continued to be soft and the Brent crude prices was at US$ 71.31 per barrel (last week US$ 72.45 per barrel). The prices of bunkers softened to US$ 460 pmts (IFO 380 cst ex Singapore) on 29th Jan 2010.
FREIGHT FORECAST
Click here for Vistaar’s forecasted (subject to terms & conditions) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
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Thursday, 04 February 10
INDIA`S APPETITE FOR COAL EXPECTED TO RISE SHARPLY
Coal powers more than half of India's electricity plants and demand for the commodity is expected to rise sharply as the third-largest Asian econom ...
Thursday, 04 February 10
COAL PRODUCTION EXPECTED TO REACH 280 MILLION METRIC TONS - INDONESIA UPDATE
Indonesia`s coal production target for 2010 has been set at 275 million to 280 million metric tons, according to the Association of Indonesian Coal ...
Thursday, 04 February 10
MASSEY CEO 'NOT EXCITED' ABOUT PROSPECT OF QUARTERLY COAL PRICING
US coal producer Massey Energy is not in favour of switching to a quarterly pricing schedule for metallurgical coal, from the current annual price b ...
Thursday, 04 February 10
BUKIT ASAM GOES SHOPPING FOR MORE COAL MINES
State-owned coal miner PT Tambang Batubara Bukit Asam has set aside Rp 1.5 trillion ($162 million) to acquire two coal mines in East Kalimantan, pre ...
Thursday, 04 February 10
PTT EYES OVERSEAS COAL
Revenue could reachUS$600 million a year
PTT Plc, Thailand's largest energy company, aims to raise the annual revenue from its overseas coal bus ...
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Showing 6026 to 6030 news of total 6871 |
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- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- VISA Power Limited - India
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Parliament of New Zealand
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Planning Commission, India
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
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