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Sunday, 07 March 10
SHIPS WERE FIXED AT AROUND US$ 16,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - CAPT. REDDY
COALspot.com: The freight market was quite buoyant this week and BDI was up by 18 pct . The Cape index up by 23.60 pct and Panamax index was up by 17.76 pct.
BDI
The Supramax and Handy size index was up by about 8 pct and 9 pct respectively. The effect of Chinese back from holidays was seen this week. However it was noticed that the Supramax and Handymax were struggling to find cargoes and ships were fixed at around US$ 16,000 per day for trip via Indonesia to India.
Quite a few period activity was reported on the cape and Panamax vessels.
BDI (Baltic dry index changes (As of 5 March 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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3242
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2738
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504 ↑
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18.40
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Baltic Cape Index
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3923
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3174
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749 ↑
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23.60
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Baltic Panamax Index
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4003
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3399
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604 ↑
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17.76
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Baltic Supra Index
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2472
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2288
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184 ↑
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8.04
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Baltic Handy size Index
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1258
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1153
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105 ↑
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9.10
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The average charter hire was at Cape US$ 37,804 per day, Panamax US$ 32,199 per day, Supramax US$ 25,844 per day and Handy size US$ 18,426 per day.
The supramax index in the Fareast (S6 route) was firm and was by US$ 2,580 per day (up by 13.20 pct) and closed at US$ 22,120 per day. The ECI/China (S7) route continued to remain firm and was up by US$ 2,958 per day (up by 6.10 pct) and closed at US$ 35,677 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) was at around Cape US$ 30,000 per day, Panamax US$ 21,500 per day, Supramax US$ 18,500 per day, Handy size US$ 14,000 per day.
There is no indication of slowing sown of iron and coal imports by China and market expected to remain firm next week.
PORT CONGESTION
The congestion at Australian ports in the EC for coal loading continued to be on the rise at 151 vessels (last week 150 vessels). The weather seems to be improving , however the affect of bad weather previously continues. The number of vessels waiting at DBCT and Newcastle was around 60 vessels. The waiting at DBCT was around 30 days , Hay point - abt 10 days and Gladstone about 12-16 days and Newcastle about 16 days. On the WC Australia iron ore vessels waiting was at at 20 vessels (last week 23 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days , except for Paradip and Haldia which are congested. Waiting at Paradip is about 7/8 days. The Indonesian anchorages loading also have been experiencing heavy delays due to logistics and several ships have been waiting for quite long.
CRUDE OIL
The crude prices was firm and the Brent crude prices closed at US$ 80.11 per barrel (last week US$ 77.65 per barrel). The prices of bunkers also was up at US$ 462 pmts (IFO 380 CST ex. Singapore) on 5th March 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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Friday, 28 May 10
CHINESE BAN TO HIT INDIAN IRON ORE EXPORTS
Nearly half of India's iron ore exports to China are in serious danger of being wiped out. The local government has imposed a ban on import of low ...
Friday, 28 May 10
INDIAS NEYVELI LIGNITE EYEING INDONESIA, SOUTH AFRICA COAL MINES
Integrated mining and power producer Neyveli Lignite Corporation Thursday said it is exploring possibilities for buying coal mines in Indonesia and ...
Friday, 28 May 10
ADARO ACQUIRES 25% ICP AT US$ 335 MIO
Indonesia's second largest thermal coal miner PT Adaro Energy Tbk (ADRO) today announces formation of new joint venture for Indonesian Coal Project ...
Thursday, 27 May 10
KPCL IS LOOKING FOR 0.50 MLN TON TO IMPORTED STEAMING COAL FOR RAICHUR THERMAL POWER STATION
COALspot.com: KARNATAKA POWER CORPORATION LIMITED, India invited from reputed parties meeting the pre qualifications stipulated for the import ...
Thursday, 27 May 10
TNPL TO BUY 0.240 MLN TON NON-COKING COAL FOR SECOND HALF OF 2010
COALspot.com: Tamil Nadu Newsprint and Papers Limited (TNPL), would like to procure 0.24 mln MT of imported Non-Coking Coal in 6 Shipments of about ...
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Showing 5806 to 5810 news of total 6871 |
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- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
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