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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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Wednesday, 20 January 10
NALCO SEEKS CONSULTANT FOR $4 BILLION INDONESIAN SMELTER, PLANT
National Aluminium Co., India’s second-biggest producer of the metal, called for bids for a consultant on its proposed aluminum smelter and co ...
Wednesday, 20 January 10
NTPC PLANS TO SET UP ARM FOR ACQUIRING COAL ASSETS ABROAD
NTPC, the world’s second-largest independent power producer (IPP), plans to set up a new entity for acquiring coal assets abroad to secure fue ...
Wednesday, 20 January 10
CEMENT FIRMS TO BUY POWER PLANT COAL ASH
CEBU, Philippines - Cement companies in Cebu are interested to buy the coal ash that will be produced from the coal-fired power plant in Toledo City ...
Tuesday, 19 January 10
CHINA TO INCREASE THERMAL COAL IMPORTS - WEN
China's Premier Wen Jiabao said on Tuesday that China will appropriately increase imports of thermal coal to ease the country's power shortages.
...
Tuesday, 19 January 10
CESC TO BUY 100,000 MT OF INDONESIAN SUB BITUMINOUS COAL
COALspot.com (India): CESC, India’s one of the largest and oldest private power producer is expected to issue a closed tender any time this we ...
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Showing 6071 to 6075 news of total 6871 |
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- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- PTC India Limited - India
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
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