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