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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 which dropped by 1.29 pct.
Lack of capsize activity over last 2 weeks due to iron ore price negotiations seems to be the main reason. The average T/C of capsize has dropped to US$ 28,542 per day. The Panamax and Supramax dropped by 8.72 pct and 9.63 pct respectively. Ships opening Fareast seem to be struggling for cargoes. However Supramax vessel opening in South East Asia were seen fixed at US$ 30,000/32,000 per day for Indonesia/India for 2 Laden legs, where as for single trips they have been fixed at around 21/22,000 per day.
BDI (Baltic dry index changes)
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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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3098
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3379
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282¯
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8.32
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Baltic Cape Index
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3244
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3522
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278 ¯
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7.89
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Baltic Panamax Index
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4965
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4344
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379 ¯
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8.72
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Baltic Supra Index
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22647
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2929
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282¯
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9.63
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Baltic Handy size Index
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1449
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1468
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19 ¯
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1.29
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As of 26 March 2010
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“The Supramax out of WC India was very firm and ships were fixed at US$ 50,000 per day”, said Capt. Reddy, MD of Vistaar Shipping, Singapore.
The average charter hire was at Cape US$ 28,542 per day, Panamax US$ 31,872 per day, Supramax US$ 27,677 per day and Handy size US$ 21,111 per day.
The Supramax index in the Fareast (S6 route) softened by US$ 4,370 per day (down by 15.39pct) and closed at US$ 24,010 per day. The ECI/China (S7) route also softened a bit by US$ 1,985 per day (down by 5.06 pct) and closed at US$ 37,213 per day.
Ships from WC India to china continued to be fixed at healthy levels at around US$ 50/52,000 per day .
The futures for three years (2010-2012) was at around Cape US$ 29,000 per day, Panamax US$ 21,000 per day, Supramax US$ 18,550 per day, Handy size US$ 14,000 per day.
The congestion increased to record high to 178 vessels at Australian ports in the EC for coal loading ports. The main reason was tropical cyclone and Force Majeure declared at Hay point (last week 158 vessels ). The congestion is likely to continue for some weeks. On the WC Australia iron ore vessels waiting was at 24 vessels (last week 27 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days , except for Paradip and Haldia where congestion continues due to slow clearance of cargoes from the port due to railway wagon shortage.
The crude prices was almost at same levels as last week and end of the week on Friday closed at 79.30 per barrel (last week at US$ 79.79 per barrel) . The prices of bunkers was slightly almost same at 460 pmts (IFO 380 CST ex Singapore) on 26th March 2010.
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, 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 ...
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 ...
Saturday, 27 March 10
CHINA TO REMAIN NET COAL IMPORTER IN NEAR FUTURE - STEEL GURU
Xinhua News cited Mr Wu Chenghou a councilor with the China Coal Transportation and Marketing Association as saying that China will remain a net coa ...
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Showing 5916 to 5920 news of total 6871 |
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- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- India Bulls Power Limited - India
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Wilmar Investment Holdings
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