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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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Tuesday, 25 August 09
INDIAN FIRM TO INVEST $44 MN IN INDONESIA
Economic Times - India Times reported that, BEML Limited, India-based second largest heavy equipment producer in Asia, will invest $44 million in In ...
Tuesday, 25 August 09
BHARAT LOOKS TO BULLDOZE RIVALS WITH LOWER PRICES
The Jakarta Globe reported that, The country’s two established heavy equipment suppliers now have a competitor in the form of Indian firm Bhar ...
Tuesday, 25 August 09
PIKE RIVER DELAYS COAL EXPORTS FROM NEW ZEALAND MINE
South African mining Weekly reported that, The first 60,000-t export shipment from ASX-listed Pike River Coal’s new mine has been delayed unti ...
Monday, 24 August 09
INDONESIAN GOVT ASKED TO CONTROL COAL TRADERS, BROKERS
The Jakarta Post, the leading English news paper in Indoneisa reported that, Businesses are urging the government to bring all coal traders and brok ...
Monday, 24 August 09
10,000 MW TO BE GENERATED THROUGH THAR COAL RESERVES BY 2020
Four projects of 2450 MW approved; govt to invest Rs80bn in five years on infrastructure
The News Pakistan reported that, The Thar Coal a ...
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Showing 6476 to 6480 news of total 6871 |
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- Kobexindo Tractors - Indoneisa
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- The Treasury - Australian Government
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- Pipit Mutiara Jaya. PT, Indonesia
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- Directorate General of MIneral and Coal - Indonesia
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- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Intertek Mineral Services - Indonesia
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- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- PTC India Limited - India
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- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
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- Therma Luzon, Inc, Philippines
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- PowerSource Philippines DevCo
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- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
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- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
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- Interocean Group of Companies - India
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- Kaltim Prima Coal - Indonesia
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- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Parliament of New Zealand
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- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
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- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
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- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
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- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Planning Commission, India
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- The University of Queensland
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- Alfred C Toepfer International GmbH - Germany
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