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Sunday, 28 February 10
SUPRAMAX CHARTER RATES FOR ONE YEAR IS AROUND US$ 19,000/20,000 PER DAY - VISTAAR SINGAPORE
 COALspot.com : The freight market firmed up by almost 10 pct on Supramax and Handy size and about 7 pct on Panamax.
However it was interesting to see Cape Index down by almost 10 pct. The BDI had just increased by 24 points last week. Spot Supramax vessel opening far east were seen getting around US$ 18/19,000 per day and for short period around 24,000 per day. This week most owners were keen to fix on period to take advantage of the firm market sentiment.
The average charter hire was at Cape US$ 28,378 per day, Panamax US$ 27,326 per day, Supramax US$ 23,927 per day and Handy size US$ 16,872 per day.
BDI (Baltic dry index changes (As of 26 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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2738
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24 ↑
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0.88
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Baltic Cape Index
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3174
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343 ¯
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9.75
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Baltic Panamax Index
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3399
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220 ↑
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6.92
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Baltic Supra Index
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2288
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211 ↑
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10.16
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Baltic Handy size Index
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98 ↑
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9.28
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The Supramax index in the far east (S6 route) was quite firm and was by US$ 3,660 per day (up by 23 pct) and closed at US$ 19,540 per day. Next seems will also be firm at least beginning of the week. The ECI/China (S7) route moved up quite sharply and was up by US$ 6,667 per day (up by 25 pct) and closed at US$ 33,617 per day. Ships from WC India to china were seen being fixed at healthy levels at around US$ 38/40,000 per day.
Supramax charter rates for one year is around US$ 19,000/20,000 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$ 20,000 per day, Supramax US$ 17,000 per day, Handy size, US$ 13,000 per day.
Iron ore and coal imports by China is continuing to be strong and is expected to keep the freight market firm. The coal import by India also is strong and will continue to increase.
PORT CONGESTION
The congestion at Australian ports in the EC for coal loading continued to be on the rise at 150 vessels (last week 143 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 7-10 days and Newcastle about 16 days. On the WC Australia iron ore vessels waiting was same as last week at 23 vessels (last week 24 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
CRUDE OIL
The crude prices was almost stable and the Brent crude prices closed at US$ 77.65 per barrel (last week US$ 78.37 per barrel). The prices of bunkers also was up at US$ 455 pmts (ifo 380 cst ex Singapore) on 26th 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, 11 February 10
THE INDIAN MARKET SOFTENING A BIT - FEARNRESEARCH
Handy
The BSI has gone down for 3 weeks now but it is more a reflection of the Pac market. Activity in the Atl remains solid and rates remain firm ...
Thursday, 11 February 10
SOUTH AFRICA COAL EXPORTS DROP TO INDIA, CHINA
South African coal exports to India from Richards Bay Coal Terminal fell 39% in January from December's levels while shipments to China dropped 55% ...
Thursday, 11 February 10
JSW STEEL IS CLOSE TO ACQUIRING TWO COAL MINES IN THE US
“We are in advanced stages of negotiation and the deal will be completed in a month or two,” a company official told DNA Money on the co ...
Wednesday, 10 February 10
BHP TAKES MARUWAI SALE OFF THE TABLE, MINISTRY SAYS
Australian mining giant BHP Billiton may cancel a plan to sell a stake in its coal mining project in Maruwai, East Kalimantan, an official at the En ...
Wednesday, 10 February 10
JPMORGAN FORECASTS A 5.7% GROWTH IN SEABORNE IRON ORE SHIPMENTS, 3.8% FOR COAL AND GRAIN THIS YEAR
This year volumes of iron ore transportation by sea may grow to 5.7%, coal and grain up 3.8% over numbers in 2009, Ukrrudprom reports citing analyst ...
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Showing 6006 to 6010 news of total 6871 |
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- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- White Energy Company Limited
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Australian Coal Association
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
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