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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 was up by 5.7 pct and closed at 3429 points. The BDI was up by 3.45 pct and closed at 2991 points. The Panamax and Supramax dropped by 6.48 pct and 8.91 pct respectively. The Handy size index was also down by 6.14 pct.
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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2991
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3098
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107¯
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3.45
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Baltic Cape Index
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3429
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3244
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185 ↑
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5.70
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Baltic Panamax Index
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3708
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3965
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257 ¯
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6.48
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Baltic Supra Index
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2409
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2647
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238¯
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8.91
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Baltic Handy size Index
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1360
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1449
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89 ¯
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6.14
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As of 1 April 2010
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Ships opening Fareast continue to be struggling for cargoes. The Supramax vessels open N. China were seen fixed at low/mid teens for trip via Indonesia to India.
The average charter hire was at Cape US$ 30,641, Panamax US$ 29,836, Supramax US$ 25,188 and Handy size US$ 19,781 per day respectively .
The Supramax index in the Fareast (S6 route) softened by US$ 2,850 per day (down by 11.87pct) and closed at US$ 21,160 per day. The ECI / China (S7) route also softened by US$ 3,217 per day (down by 8.64 pct) and closed at US$ 33,996 per day.
Ships from WC India to china continued to be fixed at healthy levels at around US$ 35/40,000 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$ 18,000 per day, Handy size US$ 14,000 per day.
The congestion in EC Australian ports continued to be high at 174 vessels (last week 178 vessels) with Hay point and DBCT operational the congestion is expected to reduce. The vessels waiting at main coal loading ports were at Hay point 34 , DBCT 62 , Gladstone 19 ,New Castle 48 vessels. On the WC Australia iron ore vessels waiting was at 19 vessels (last week 24 vessels).
With the major iron ore shippers maintaining spot prices for the iron ore, it ill be interesting to see how the steel prices will hold and how it will affect the shipping market.
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 firm this week and closed on Thursday at 84.42 per barrel (last week at US$ 79.30 per barrel) . The prices of bunkers was up at US$ 464 pmts (IFO 380 CST ex. Singapore) on 1st April 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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Thursday, 01 April 10
PROFIT AT TWO INDONESIAN COAL MINERS SOARS AS RECOVERY STIRS GREATER DEMAND, HIGHER PRICES - THE JAKARTA GLOBE
The Jakarta Globe reported that, Two of the country’s biggest coal producers enjoyed a surge in profit last year as prices rose and demand pic ...
Thursday, 01 April 10
BHP BILLITON TO SELL STAKE IN MARUWAI TO ADARO - THE JAKARTA POST
The Jakarta Posted reported that, BHP Billiton has agreed to sell 25 percent of its stake in the Maruwai Coal Project in Kalimantan to Indonesia&rsq ...
Thursday, 01 April 10
AUSTRALIAN COAL PRODUCER REJECTS $3 BILLION PEABODY OFFER - STL TODAY
STL today reported that, Australian coal producer Macarthur Coal Ltd. rejected a $3 billion cash takeover bid from Peabody Energy Corp., which seeks ...
Thursday, 01 April 10
TATA POWER EYES MORE COAL FROM INDONESIA FOR ITS FUTURE PLANTS - FINANCIAL EXPRESS
Financial Expressreported that, Tata Power, one of the largest private sector power utilities in the country with interests in generation, transmiss ...
Wednesday, 31 March 10
COAL INDIA MULLS JOINT VENTURE WITH RIO TINTO AND PEABODY - DNA
DNA reported that, Coal India Ltd. (CIL) has finalised two key contenders for its international joint venture (JV) in Australian and US each. The co ...
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Showing 5906 to 5910 news of total 6871 |
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- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Australian Coal Association
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- White Energy Company Limited
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Semirara Mining Corp, Philippines
- The University of Queensland
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
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