We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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))
|
|
BALTIC DRY INDEX CHANGE
|
|
|
This week
|
Last week
|
Change
|
Change %
|
|
Baltic Dry Index
|
2738
|
|
24 ↑
|
0.88
|
|
Baltic Cape Index
|
3174
|
|
343 ¯
|
9.75
|
|
Baltic Panamax Index
|
3399
|
|
220 ↑
|
6.92
|
|
Baltic Supra Index
|
2288
|
|
211 ↑
|
10.16
|
|
Baltic Handy size Index
|
|
|
98 ↑
|
9.28
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 10 February 10
ANGLO AMERICAN TIPS COAL PRICE RISE AFTER RAIN, AUSTRALIAN SAYS
Anglo American Plc expects coking coal contract prices to rise after weeks of heavy rain in Queensland state cut output by as much as 10 million met ...
Wednesday, 10 February 10
KANGAROO RESOURCES COMMENCES MINING AT MAMAHAK COKING COAL PROJECT
International coal producer Kangaroo Resources has kicked off mining at its second Indonesian coal operation, the Mamahak Coking Coal Project in Eas ...
Wednesday, 10 February 10
CHINA DENIES CLIVE PALMER'S COAL DEAL
ONE of China's biggest government-owned companies yesterday repudiated mining billionaire Clive Palmer for overstating what he said was Australia' ...
Tuesday, 09 February 10
INDIANS SAY SEEKING COAL BARGAINS VIA INDEX PRICES
* Indonesian cheaper than S.African - traders
* End-users wait for price falls before tendering
Indian coal traders responsible for the bulk of ...
Tuesday, 09 February 10
EURO COAL-PROMPT SLIDES WITH OIL PRICES
* April S.African cargo trades at $83.50/T FOB, unchanged
* April DES cargo trades at $74.75 a tonne, down $1/T
* Russia's Kuzbassrazrezugol sees ...
|
|
|
Showing 6011 to 6015 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- The University of Queensland
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
|
| |
| |
|
