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Saturday, 15 May 10
THE AVERAGE CHARTER HIRE FOR CAPE REACHES US$ 49,931 PER DAY - VISTAAR SINGAPORE
 COALspot.com: "The freight market was extremely buoyant this week with BDI almost up by 9 pct and the market was very firm in Feast/SE Asia sector for all type of vessels. However towards end of the week appeared lose some steam", said Capt. Reddy, MD of Vistaar Shipping, Singaproe.
All other sectors also was up with cape index up by 10.49 pct , Panamax /6.84 pct , Supramax/6.84 pct and Handy size/4.89 pct. The spot market behaved much higher than the index with freight rates from Indonesia to India up by 25-30 pct this week.
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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3921
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3354
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321 ↑
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8.90
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Baltic Cape Index
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4804
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4348
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456 ↑
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10.49
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Baltic Panamax Index
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4340
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4062
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278 ↑
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6.84
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Baltic Supra Index
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3076
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2888
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188 ↑
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6.50
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Baltic Handy size Index
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1486
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1412
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69 ↑
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4.88
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As of 14 May 2010
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The period activity continued to be strong and Supramax for short period were fixed at almost US$ 30000 per day and one year was seen fixed at around US$ 24000 per day. It appears that the markets peaked this week and some correction expected in the coming weeks.
The average charter hire was at Cape/US$ 49931 per day, Panamax/US$ 3,4901 per day, Supramax/US$ 32,160 per day and Handy size/US$ 21524 per day.
The Supramax index in the Fareast (S6 route) quite firm and was by US$ 3,619 day and closed at US$ 26,964 per day. However the vessel were reported fixed at much higher levels at almost at US$ 28/30,000 per day. The ECI/China (S7) route also firmed up by US$ 1,123 per day and closed at US$ 33,027 per day.
The futures for three years(2010-2012) was at around Cape/US$ 31,000 per day, Panamax/US$ 22,500 per day, Supramax/US$ 19,500 per day Handy size/US$ 15,000 per day.
The congestion in EC Australian ports was at 115 vessels this week (last week 113 vessels ). The vessels waiting at main coal loading ports were at Hay point/4, DBCT/66, Gladstone/10, Abbot Point/1, New Castle/31 vessels, Pot Kembla/3 vessels. On the WC Australia iron ore vessels waiting also reduced to 24 vessels (last week 21 vessels).
The waiting at Indian ports for coal vessels was quite normal around 2/3 days except and congestion situation improved 3/4 days except for Paradip port where berthing delays was high.
The Brent crude prices was almost at same levels as last Friday closed at US$ 78.15 per barrel (last week US$ 78.51 per barrel). The prices of bunkers was also firm during the week however closed at US$ 474.00 pmt (ifo 380 cst ex Singapore) on 14th 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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Friday, 03 September 10
NALCO, INDONESIAN FIRM DIFFER ON COAL SUPPLY TO SMELTER - DNA INDIA
A few days ago, National Aluminium Company (Nalco) advertised in Indonesian newspapers asking for companies to bid for coal supplies for its 500,000 ...
Thursday, 02 September 10
PLN ASKED TO USE LOCAL COAL
Tempo Interactive reportd that, the Indonesian Mining Association Executive Director, Priyo Pribadi, has called on the state-run electricity company ...
Thursday, 02 September 10
NALCO OPEN TO EQUITY DILUTION IN $3.9 BN PROJECT IN INDONESIA
Business-Standard reported that, state-owned Nalco today said it is considering selling stake in its $3.9 billion (over Rs 18,000 crore) aluminium p ...
Thursday, 02 September 10
DRY BULK MARKET GAINS MOMENTUM TO INCREASE, WITH CHINA ONCE AGAIN TO THE RESCUE
With predictions from Chinese officials stating that the country’s iron ore imports during 2010 could surpass the record amounts of 2009, the ...
Wednesday, 01 September 10
STC BAGS NTPC ORDER TO SHIP 12 MT COAL
My Digital FC reported that, The State Trading Corporation (STC) has bagged NTPC’s tender to ship 12 million tonnes coal from Ind&sh ...
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Showing 5631 to 5635 news of total 6871 |
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- Indian Energy Exchange, India
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- White Energy Company Limited
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- The University of Queensland
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Economic Council, Georgia
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Riau Bara Harum - Indonesia
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
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