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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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Wednesday, 30 June 10
PTBA TO SUPPLY ADDITIONAL 180 MLN TONS OF COAL TO PLN FOR 20 YEARS
COALspot.com: Indonesia's state-owned coal mining company PT Tambang Batubara Bukit Asam Tbk (PTBA) has entered into a new contract with state owne ...
Wednesday, 30 June 10
U.S. STEAM COAL EXPORTS TO SUPPORT FREIGHT RATES
Booming North American coal exports to China, driven by the country's insatiable need for steel raw materials, will provide support to freight rate ...
Tuesday, 29 June 10
EXPORT LETTER OF CREDIT PLAN DUMPED - THE JAKARTA GLOBE
The Jakartaglobe reported that, Indonesia has canceled a proposed regulation that would have required exporters of commodities such as cocoa, coffee ...
Tuesday, 29 June 10
BUMA TO MOVE AROUND 333 MLN BCM OF OVERBURDEN IN 2010
COALspot.com: PT Delta Dunia Makmur Tbk, holding company of Indonesia's second largest coal mining contractor PT Bukit Makmur Mandiri Utama (BUMA), ...
Tuesday, 29 June 10
DRY BULK'S DOWNFALL FINALLY SHOWING SIGNS OF STABILIZATION
Although the dry bulk market has begun the week where it left off, that is on a downward note, brokers and charterers appear to be on the consensus ...
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Showing 5751 to 5755 news of total 6871 |
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- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- The University of Queensland
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- ICICI Bank Limited - India
- Planning Commission, India
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
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