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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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Tuesday, 06 April 10
ASIAN INVESTORS EYE NIGERIA MARITIME INDUSTRY
Investors from the Asian region are considering investing in the Nigerian maritime sector, which has huge opportunities and potential. One of such p ...
Monday, 05 April 10
RI TO SET REFERENCE FOR COMMODITIES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia is set to help establish global reference prices for mining and agricultural commodities, with the establi ...
Monday, 05 April 10
MARCO POLO MARINE SECURES US$20 MILLION 4-YEAR COAL TRANSSHIPMENT CONTRACT
COALspot.com: Accordign to Mraco Polo Marine website, Singapore Exchange Mainboard-listed Marco Polo Marine Ltd, a growing integrated marine logisti ...
Saturday, 03 April 10
SHIPS OPENING FAREAST CONTINUE TO BE STRUGGLING FOR CARGOES - VISTAAR
COALspot.com: The dry bulk freight market continues to be under pressure and all the indices were down this week except for Cape size index which wa ...
Friday, 02 April 10
XSTRATA RAISES BENCHMARK COAL PRICE AS MUCH AS 40% - BLOOMBERG
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used for power, raised benchmark prices for the fuel to an unidenti ...
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Showing 5901 to 5905 news of total 6871 |
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- Deloitte Consulting - India
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- Petrochimia International Co. Ltd.- Taiwan
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Australian Coal Association
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Posco Energy - South Korea
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Independent Power Producers Association of India
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
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