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.
|
|
Thursday, 25 March 10
INDIAS MAHARASHTRA SEEKS TO IMPORT 3.35 MILLION TONS OF COAL - BLOOMBERG
Bloomberg reported that, Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, is seeking 3.35 m ...
Thursday, 25 March 10
THE INDIAN MARKET IS STILL FIRM - FEARNLEYS AS
Handy
A sluggish start to the week in the Atlantic with little fresh busin ...
Tuesday, 23 March 10
NINE COMPANIES WIN 20-YEAR COAL CONTRACTS - TEMPO
Tempo Interactive reported that, State Eletricity Company (Perusahaan Listrik Negara) revealed four joint ventures and one company winning coa ...
Monday, 22 March 10
INDONESIA`S MERUKH WINS US$3 BLN SWISS CONTRACT TO SUPPLY COAL - ANTARA
Antara Reported that, Indonesia's PT Merukh Enterprises said it has secured a 30-year contract to supply coal to Swiss buyer Glencore International ...
Monday, 22 March 10
INDIA TO IMPORT COLOMBIAN COAL FOR FIRST TIME AS DEMAND SURGES - BLOOMBERG
Bloomberg reported that, Adani Enterprises Ltd., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first t ...
|
|
|
Showing 5926 to 5930 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
|
| |
| |
|
