We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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)
|
BALTIC DRY INDEX CHANGE
|
|
|
This week
|
Last week
|
Change
|
Change %
|
|
Baltic Dry Index
|
3921
|
3354
|
321 ↑
|
8.90
|
|
Baltic Cape Index
|
4804
|
4348
|
456 ↑
|
10.49
|
|
Baltic Panamax Index
|
4340
|
4062
|
278 ↑
|
6.84
|
|
Baltic Supra Index
|
3076
|
2888
|
188 ↑
|
6.50
|
|
Baltic Handy size Index
|
1486
|
1412
|
69 ↑
|
4.88
|
|
As of 14 May 2010
|
|
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)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 15 July 10
NO IMPROVEMENT IN THE DRY BULK MARKET - INTERMODAL
Broker’s insight
With the Baltic Dry Index today (13/7/2010) standing at 1,790 points - the lowest point since early May 2009 - ...
Thursday, 15 July 10
IRON ORE PRICING MECHANISMS PUT ON THE SPOT
THE new iron ore pricing mechanisms that killed off the annual benchmark system are coming under pressure. The spot price of the steel feed has fall ...
Thursday, 15 July 10
NTPC TO PURSUE COAL MINE ACQUISITION IN AUSTRALIA, INDONESIA - BUSINESS STANDARD
Business-Standard reported that, NTPC, the India’s largest power producer, has set the ball rolling to acquire coal mines or form joint ventur ...
Wednesday, 14 July 10
SUCCESSFUL COMMISSIONING OF GTLE LOW RANK COAL UPGRADING PLANT
COALspot.com: GTL Energy Ltd (GTL Energy) announced that construction and commissioning of its proprietary ‘first-of-a-kind’, low rank c ...
Tuesday, 13 July 10
BUMI TO PRODUCE MORE THAN 67 MILLION TONS OF COAL IN 2010
COALspot.com: Bumi resources, Indonesia’s largest coal producer has previewed its operating results in KPC/Arutmin for Jan – Jun 2010. A ...
|
|
|
Showing 5726 to 5730 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- White Energy Company Limited
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Economic Council, Georgia
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ind-Barath Power Infra Limited - India
|
| |
| |
|
