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Saturday, 10 April 10
VESSELS OPEN N. CHINA WERE SEEN FIXED AT HIGH TEENS FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SINGAPORE
 COALspot.com: The BDI indices was almost at same levels was down by only 2.6 pct.
The cape index was down by almost 13 pct, which appears to be slowing down of iron ore imports. The Panamax and Supramax was strong and was up by 6.58 pct and 3.36 pct respectively, however this sector was quite firm for spot and short period rates. The Handy size index was almost at same levels and was just up by 0.36 pct.
Supramax vessels opening Fareast were seen mostly being fixed for short period and were seen fixed at $ 26,000 / 27,000 per day.
“The Supramax vessels open N. China were seen fixed at high teens for trip via Indonesia to India” said, Capt. Reddy, MD of Vistaar Shipping, Singapore. Vistaar shipping is an experienced ship operator operating in Singapore and India.
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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2913
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2991
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78¯
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2.60
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Baltic Cape Index
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2984
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3429
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445 ¯
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12.98
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Baltic Panamax Index
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3952
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3708
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244 ↑
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6.58
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Baltic Supra Index
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2490
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2409
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81 ↑
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3.36
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Baltic Handy size Index
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1355
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1360
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5 ¯
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0.36
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As of 9 April 2010
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“With quite a lot of new deliveries still coming it will be interesting to see how the freight market will be affected. However it appears that at least for the first quarter the new deliveries have not affected and market has remained firm”, Capt. Reddy further said.
The average charter hire was at Cape $ 25,115 per day, Panamax $ 31,799 per day, Supramax $ 26,040 per day and Handy size $19,733 per day.
The Supramax index in the Fareast (S6 route) firmed up by $ 1,190 per day (up by 5.62 pct) and closed at $ 22,350 per day. The ECI/China (S7) route continued to soften and was down by $ 2,004 per day (down by 5.89 pct) and closed at $ 31992 per day.
The futures for three years (2010-2012) was at around Cape $ 29,000, Panamax $ 21,000, Supramax $ 18,000 and Handy size $ 14,000 per day respectively.
The congestion in EC Australian ports reduced to 155 vessels this week (last week 173 vessels ). The vessels waiting at main coal loading ports are at Hay point/20 , DBCT / 63, Gladstone / 17 ,New Castle / 49 vessels. On the WC Australia iron ore vessels waiting was at 20 vessels (last week 19 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days , except for Paradip and Haldia where congestion continues to be high due to slow clearance of cargoes from the port due to railway wagon shortage.
The crude prices continued to be firm 84.78 per barrel (last week at $ 84.42 per barrel) . The prices of bunkers was up at 481.50 pmts (IFO 380 CST ex.Singapore) on 9th 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, 29 April 10
SOUTH AFRICAN ROUNDS BACK TO INDIA SUPRAS CAN ACHIEVE AROUND MID 20S
Handy
Atlantic markets remain firm. Supramaxes open in USG are now achieving low/mid&n ...
Thursday, 29 April 10
KANGAROO RESOURCES INKS KEY COAL EXPORT CONTRACT WITH YUDEAN FARNON - PROACTIVE INVESTORS
Proactive Investors reprted that, Kangaroo Resources has secured an initial export sales contract for coal from the company’s operating coal p ...
Wednesday, 28 April 10
UNITED TRACTORS FOCUSES ON MINING AS IT SEEKS TO DIVERSIFY REVENUE SOURCES - JG
The Jakarta globe reported that, PT United Tractors, Indonesia’s biggest heavy-equipment distributor and mining contractor, aims to have its m ...
Wednesday, 28 April 10
DRY BULK MARKET
After a prolonged period of anticipation and a stalled dry bulk market in terms of freight rates, the industry’s benchmark, the Baltic Dry Ind ...
Tuesday, 27 April 10
CAPESIZES UP, PANAMAXES DOWN - BRS
It was Capesizes up, Panamaxes down this week as the latter experienced a correction after its recent gains. Period rates for Panamaxes remain firm ...
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Showing 5856 to 5860 news of total 6871 |
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- Posco Energy - South Korea
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- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
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- LBH Netherlands Bv - Netherlands
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- Directorate General of MIneral and Coal - Indonesia
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- Global Business Power Corporation, Philippines
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- Agrawal Coal Company - India
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- Tamil Nadu electricity Board
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- Planning Commission, India
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- Economic Council, Georgia
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- Petrochimia International Co. Ltd.- Taiwan
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- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- The University of Queensland
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- Maharashtra Electricity Regulatory Commission - India
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- Ministry of Finance - Indonesia
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- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
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- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
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- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
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- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
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- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
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- Global Coal Blending Company Limited - Australia
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- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
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- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
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- Ambuja Cements Ltd - India
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- Australian Commodity Traders Exchange
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