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, 13 January 10
ADHUNIK GROUP TO BUY 50 PCT IN AUSTRALIA MINE
The Adhunik group of Industries is in talks to acquire 50 percent in an Australian coking coal mine for $100 million, the Economic Times reported on ...
Wednesday, 13 January 10
COAL MARKETS 2010 CONFERENCE - SINGAPORE, 28 - 29 JANUARY 2010
COALspot.com (Press Release): As an established annual event that has been running for more than 7 years now with extensive industry support from ke ...
Wednesday, 13 January 10
IRON ORE PRICE TIPPED TO RISE 40PC, SAYS ANZ
THE price battle in the controversial iron ore negotiations is expected to intensify.
ANZ senior commodities analyst Mark Pervan has increased h ...
Wednesday, 13 January 10
KANGAROO RESOURCES KICKS OFF INDONESIAN COAL PRODUCTION
Coal-focused company Kangaroo Resources has formally joined the ranks of international coal operators after wrapping up the delivery and sale o ...
Wednesday, 13 January 10
CONSOL SELLS FIRST COAL TO CHINA
Coal and natural gas company CONSOL Energy Inc.made its first sale of high-volume coking coal to Asia from its Bailey Mine in Northern Appalachia. T ...
|
|
|
Showing 6096 to 6100 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
|
| |
| |
|
