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Saturday, 20 February 10
THE FREIGHT MARKET CONTINUED TO BE SOFT THIS WEEK - CAPT. REDDY
 COALspot.com: The freight market continued to be soft this week as still affect of Chinese new year holidays continue. However the index overall had gone up and the charter rates was up. Spot Supramax vessel opening far east were seen getting around US$ 14,000 per day and for short period around US$ 22,000 per day.
Handy size vessels in the far east were seen fixed around US$ 10/11000 per day. The cargoes out of Indonesia were very few and congestion was seen at most of the Indonesian ports. Even in Australia the loading has been affected due to bad weather.
Baltic dry index changes (As of 19 Feb 2010).
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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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2714
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2571
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143 ↑
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5.56
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Baltic Cape Index
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3517
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3259
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258 ↑
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7.92
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Baltic Panamax Index
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3179
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3028
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151 ↑
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4.98
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Baltic Supra Index
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2077
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2048
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29 ↑
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1.42
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Baltic Handy size Index
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1055
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1038
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17 ↑
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1.64
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The average charter hire was at Cape US$ 32,918 per day, Panamax US$ 25,579 per day, Supramax US$ 21,720 per day and Handy size US$ 15,441 per day.
The Supramax index in the far east (S6 route) firmed up slightly and was up by US$ 882 per day and closed at US$ 15,880 per day. Next week expected to go up further.
The ECI/China (S7) route moved up sharply and closed at US$ 26,950 per day. Ships from WC India to china were seen being fixed at healthy levels at around US$ 35,000 per day.
Supramax charter rates for one year is around US$ 19,000 per day.
THREE YEARS FUTURE
The futures for three years (2010-2012) remained unchanged and was at around Cape US$ 29,000 per day, Panamax US$ 19,000 per day, Supramax US$ 16,000 per day, Handy size US$ 12,500 per day.
PORT CONGESTION
The congestion at Australian ports in the EC for coal loading continued to be high at 143 vessels (last week 148 vessels). The congestion increased due to bad weather and some shippers declaring force majeure. The number of vessels waiting at DBCT and Newcastle was around 60 vessels. The waiting at DBCT was around 30 days , Hay point and Gladstone 10-12 days and Newcastle about 16 days. On the WC Australia iron ore vessels waiting was same as last week at 24 vessels (last week 22 vessels). The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
CRUDE OIL
The crude prices firmed up this week and the Brent crude prices was up by almost US$ 6 per barrel and closed at US$ 78.37 per barrel (last week US$ 72.90 per barrel). The prices of bunkers also was up at US$ 450 pmts (IFO 380 CST ex Singapore) on 19th Feb 2010.
FREIGHT FORECAST
CLICK HERE for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
VISTAAR SHIPPING, SINGAPORE
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Tuesday, 09 March 10
MINING LAW OPTIMIZES SECTOR
Law No. 4 / 2009 on Mineral and Coal Mining have given a new direction for the future of mining in Indonesia, including Domestic Market Obligation, ...
Tuesday, 09 March 10
STRONG REBOUND IN ALL THE DRY BULK SEGMENTS THIS WEEK
There was a strong rebound in all the dry bulk segments this week, leading to an 18% jump in the Baltic Dry Index.
The Cape and Panamax markets s ...
Tuesday, 09 March 10
L&T POWER EYEING COAL MINES IN AUS, INDONESIA
L&T Power Development Company, a part of the Larsen & Tubro Group, plans to acquire coal mines in Australia and Indonesia, a top company off ...
Tuesday, 09 March 10
BHP AGREES SHORTER-TERM COAL DEALS WITH EUROPEAN, ASIAN CUSTOMERS
Diversified miner BHP Billiton on Monday reported that it had reached sales terms for a significant portion of its hard coking coal volumes for 2010 ...
Monday, 08 March 10
KPCL TO IMPORT 0.9 MILLION TON OF 6000 GCV COAL
COALspot.com: India's Karnataka Power Corporation Ltd is seeking to import 0.9 million metric tons of 6000 kcal/kg (adb) Gross Calorific Value stea ...
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Showing 5951 to 5955 news of total 6871 |
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- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- The University of Queensland
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Globalindo Alam Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- PTC India Limited - India
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
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