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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, 28 January 10
COAL - VIETNAM / TRADE
Vietnam expects to turn into a coal importer within three years, spurred by an industrial boom and rising power consumption, a senior executive with ...
Thursday, 28 January 10
JAPAN STEELMAKERS OPPOSE QUARTERLY COAL CONTRACTS
Japanese steelmakers oppose miner BHP Billiton's attempt to switch to quarterly contracts from annual deals for supplying coal, as the change would ...
Thursday, 28 January 10
BHP MAY SELL 25% STAKE IN INDONESIAN COAL PROJECT
BHP Billiton Ltd. plans to sell only a 25 percent stake in a coal project in Indonesia as it wants to retain control of the asset, said Indra Dianna ...
Thursday, 28 January 10
TRANSNET ASPIRES TO 81MT/Y COAL EXPORT CAPACITY
South African State-owned rail transport enterprise Transnet wants to increase coal-line rail capacity to 81-million tons a year as part of its Quan ...
Wednesday, 27 January 10
ASIA'S 2010 STEAM COAL IMPORTS TO REACH 460 MLN T
* China to import up to 100 mln T of steam coal in 2010
* China, India seen investing in southern Africa assets
Asian imports of steam coal will ...
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Showing 6046 to 6050 news of total 6871 |
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- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- MS Steel International - UAE
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
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