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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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Thursday, 08 July 10
KPCL RECEIVES 8 QUALIFIED BIDS TO SUPPLY 500,000 MT OF COAL
COALspot.com: Indian state utility KARNATAKA POWER CORPORATION LIMITED has opened price bid yesterday.
According to a participant, the quo ...
Thursday, 08 July 10
DRY BULK MARKET STILL PLUNGING, NOW STANDING AT 14 MONTH LOWS
The dry bulk shipping market’s demise isn’t over yet, as the industry’s main benchmark, the Baltic Dry Index (BDI) has been on a f ...
Wednesday, 07 July 10
MACQUARIE SEES CHINA COMMODITIES PRICE FALLS AND CUTBACKS AHEAD - MINEWEB
MineWeb reported that, The research arm of Australia's Macquarie Bank - one of the most reliable of China watchers - in its latest briefing on Chin ...
Wednesday, 07 July 10
COAL PRICES ON THE RISE
Caixin online reported that, China's domestic coal prices have seen a 26.2 percent year-on-year rise in May. Meanwhile, the volume of coal im ...
Tuesday, 06 July 10
INCREASE IN DRY BULK SPOT FIXTURES UNABLE TO BOOST RATES, LOSING STREAK CONTINUES
Yet another week began on a negative note for the dry bulk shipping market, with the Baltic Dry Index posting its 28th straight losing daily session ...
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Showing 5736 to 5740 news of total 6871 |
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- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- The University of Queensland
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
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