We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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))
|
|
BALTIC DRY INDEX CHANGE
|
|
|
This week
|
Last week
|
Change
|
Change %
|
|
Baltic Dry Index
|
3242
|
2738
|
504 ↑
|
18.40
|
|
Baltic Cape Index
|
3923
|
3174
|
749 ↑
|
23.60
|
|
Baltic Panamax Index
|
4003
|
3399
|
604 ↑
|
17.76
|
|
Baltic Supra Index
|
2472
|
2288
|
184 ↑
|
8.04
|
|
Baltic Handy size Index
|
1258
|
1153
|
105 ↑
|
9.10
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 30 March 10
CHINA'S DROUGHT RAISES COAL PRICES, LOWERS HYDROPOWER
Bloomberg reported that, Benchmark coal prices at Qinhuangdao, China’s largest port handling the fuel, rose for the first time in 10 weeks aft ...
Tuesday, 30 March 10
PRICES FOR COKING COAL, IRON ORE TO SOAR AMID BURGEONING STEEL DEMAND: SCOTIABANK
Winnipeg Free Press reported that, Strong steel demand from China and a recovery in the developed world will push coking coal prices 56 per ce ...
Sunday, 28 March 10
DEMAND FROM INDIA RESHAPING THE GLOBAL COAL MARKET - DAVE FOREST
Attention international coal industry. There's a new kid on the block.
The nation of India.
India is emerging as a major re-shaping force for ...
Sunday, 28 March 10
SHIPS FROM WC INDIA TO CHINA CONTINUED TO BE FIXED AT HEALTHY LEVELS AT AROUND US$ 50/52,000 PER DAY - VISTAAR
COALspot.com: The dry bulk freight market seemed to be heading for a correction with all the indices dropping by 8-10 pct except for handy size whic ...
Saturday, 27 March 10
CHINA DROUGHT MAY RAISE COAL DEMAND, BOOST PRICES, CLSA SAYS - BLOOMBERG
Bloomberg reported that, Droughts in southwest China may increase demand for coal used in power plants, and ‘support” prices in the &ldq ...
|
|
|
Showing 5916 to 5920 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Planning Commission, India
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
|
| |
| |
|
