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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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Thursday, 18 February 10
COAL MINERS FACE SHUTDOWN OVER RECLAMATION FUNDING
Three coal mining companies may be forced to temporarily stop operations this year if they fail to provide funding for a site-reclamation program.
...
Thursday, 18 February 10
DECOUPLING FROM OIL PRICES ON STRONG GLOBAL ENERGY DEMAND
A recent coal market conference in Singapore focused on two main issues –— the demand for coal as a source of energy, and coal pricing.& ...
Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry offici ...
Thursday, 18 February 10
INDONESIA ZONING RULE THREATENS MINING - INDUSTRY
Reuters reported that, confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to ...
Wednesday, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...
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Showing 5981 to 5985 news of total 6871 |
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- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- PTC India Limited - India
- Minerals Council of Australia
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- Planning Commission, India
- Vizag Seaport Private Limited - India
- CNBM International Corporation - China
- Economic Council, Georgia
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- VISA Power Limited - India
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
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