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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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Sunday, 28 February 10
CONTINENTAL TARGETS COAL SALES FROM S AFRICA MINE IN Q2 - MINING WEEKLY
Mining weekly reported that, Junior coal explorer Continental Coal would start coal sales from its Vlakvarkfontein mine, in South Africa, in the sec ...
Friday, 26 February 10
BANPU PROFITS SURGE BY 54% TO RECORD B14BN ON BRISK SALES
Banpu Plc, Asean's largest coal miner, said its earnings surged to a record high of 14.23 billion baht last year, an increase of 54% on the previou ...
Thursday, 25 February 10
INDO / INDIA COAL TRIPS SUPRAS CAN ACHIEVE AROUND MID 10S - FEARNLEYS AS
Handy
The BSI regained positive momentum exactly a week ago and the Atlantic rema ...
Thursday, 25 February 10
STEEP RISE IN COAL IMPORTS REQUIRED TO POWER INDIA - MONEYLIFE
The power ministry has estimated coal imports of 48 million tonnes in FY10-11, sharply higher than the expected imports of 28mt in the current fisca ...
Wednesday, 24 February 10
CHINA IMPORTED 8.81 MLN TONS OF INDONESIAN COAL IN JANUARY 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons of coal last month, compared with 27.46 million tons in a ...
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Showing 5971 to 5975 news of total 6871 |
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- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Deloitte Consulting - India
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Xindia Steels Limited - India
- ASAPP Information Group - India
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Planning Commission, India
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
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