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, 27 January 10
PEABODY ENERGY EYES 'RED HOT' ASIAN COAL DEMAND
US miner Peabody Energy has seen already-strong Asian markets become “red hot”, as demand for metallurgical and thermal coal strains sup ...
Wednesday, 27 January 10
KOLKOTTA BASED POWER UTILITY CESC LOOKING FOR 100,000 MT OF COAL FOR MAY & JUNE DELIVERY
COALspot.com (India): Kolkotta based power utility CESC, the flagship company of the diversified RPG group of India, has issued a closed tender to b ...
Tuesday, 26 January 10
FREIGHT COST ERODES INDIA CEMENTS NET
"Freight cost increased from an average of around 14% of sales in the previous quarters to around 20% in the third quarter"
The Decembe ...
Tuesday, 26 January 10
VITOL BUYS EXPORT SPACE AT COLOMBIA SANTA MARTA PORT
Global energy trader Vitol has signed a four-year deal to take export capacity at Colombia's 3 million tonnes a year Carbonsan port in Santa Marta, ...
Tuesday, 26 January 10
AUSTRALIAN FIRM TO MINE COAL IN WEST BENGAL
India Resources Ltd (IRL), a mining firm listed on the Australian Stock Exchange, has decided to enter into contract mining of coal in
India ...
|
|
|
Showing 6051 to 6055 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- Carbofer General Trading SA - India
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Agrawal Coal Company - India
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- MS Steel International - UAE
- Eastern Energy - Thailand
|
| |
| |
|
