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Saturday, 08 May 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS AT AROUND PANAMAX / $ 21500 & SUPRAMAX / $ 18500 PER DAY - VISTAAR SHIPPING
 COALspot.com: The BDI continued to go up and was up by 7.57 pct even though the stock markets was severely affected with worries on Greek debt crisis. All other sectors also was up with cape index up by 10.47 pct , however less than last week which was up by 21.55 pct. Panamax , Supramax and Handy size also was up by 4.15 pct. 6.37 pct and 4.13 pct respectively.
The effect of new deliveries seems not having any affect and all the vessels are being absorbed. China's iron ore and coal imports continues to be firm and the sourcing is being done from places like Indonesia ,Colombia, and Russia.
The period activity continued to be active in Cape and Panamax sectors. Capsize size vessel for short period reported fixed at around US$ 34,000 per day and Panamax vessels reported fixed for one year at US$ 27,000 per day and short period at US$ 30/32,000 per day y . Supramax Short period rates continued to be firm and were fixed at around US$ 27,000 per day and one year was seen fixed at around US$ 23,000 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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3608
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3354
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254↑
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7.57
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Baltic Cape Index
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4348
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3956
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412 ↑
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10.47
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Baltic Panamax Index
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4062
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3900
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162 ↑
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4.15
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Baltic Supra Index
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2888
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2715
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173 ↑
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6.37
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Baltic Handy size Index
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1412
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1356
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56 ↑
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4.17
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As of 7 May 2010
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The average charter hire was at Cape / US$ 43,686 per day y, Panamax / US$ 32,679 per day , Supramax / US$ 30,196 per day and Handy size / US$ 20,616 per day.
The Supramax index in the Fareast (S6 route) quite firm and was by US$ 1,706 day and closed at US$ 23,345 per day. The ECI/China (S7) route also firmed up by US$ 1,873 per day and closed at US$ 31,904 per day .
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$ 14,500 per day .
The congestion in EC Australian ports reduced to 113 vessels this week (last week 123 vessels ).
The vessels waiting at main coal loading ports were at Hay point/2, DBCT/63, Gladstone/9, Abbot Point/3, New Castle/34 vessels, Pot Kembla/2 vessels. On the WC Australia iron ore vessels waiting also reduced to 19 vessels (last week 22 vessels).
The waiting at Indian ports for coal vessels was quite normal around 2/3 days except and congestion situation improved 3/4 days.
The Brent crude prices dropped this week by US$8.81 per barrel and closed at US$ 78.51 per barrel (last week US$ 87.38 per barrel). The prices of bunkers was also soft and was down at US$ 473.00 pmt (ifo 380 cst ex Singapore) on 7th May 2010.
CLICK HERE for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
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Wednesday, 31 March 10
DRY BULK MARKET STILL MODERATELY FALLING, BUT POSITIVE SIGNS APPEAR ON THE HORIZON - HELLENIC SHIPPING
The irregularities of the current dry bulk market have been more than evident in the fact that panamax vessels today earn more than their larger cap ...
Wednesday, 31 March 10
INDIKA ENERGYS PROFIT HIT BY FOREX LOSS AND CABOTAGE - THE JAKARTA GLOBE
The Jakarta Globe reportd that, PT Indika Energy posted a 30 percent drop in 2009 net profit due to a foreign exchange loss and impairment of intang ...
Wednesday, 31 March 10
ITMG TO UP COAL OUTPUT DESPITE PERMIT PROBLEMS - THE JAKARTA POST
The Jakarta Post reported that, the country’s third largest coal producer PT Indo Tambang Raya Megah (ITMG) said it can raise output although ...
Tuesday, 30 March 10
ANALYST SEES BDI LIFT, SUGGESTS DRY BULK SHORT SQUEEZE
Analysts at Credit Suisse are bullish on Diana and see a potential short squeeze elsewhere in the sector. The Baltic Dry Index (BDI) -- an industry ...
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 ...
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Showing 5911 to 5915 news of total 6871 |
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- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Kobexindo Tractors - Indoneisa
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- PTC India Limited - India
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
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