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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, 27 May 10
DRY BULK RATES REACH 2010 HIGHS, BUT FUTURE REMAINS UNCERTAIN
This week is proving to be a milestone for the dry bulk market, as the Baltic Dry Index has propelled itself at never before seen levels for 2010. Y ...
Wednesday, 26 May 10
ADANI GROUP EYES AFRICA FOR COAL MINING PROJECTS
India Info Line reported that, After acquiring coal mines for importing Indonesian coal to run its thermal power plants in the country, the Adani Gr ...
Wednesday, 26 May 10
DRY BULK MARKET SHOOTS UP, CLOSES IN ON POST-CRISIS ERA HIGHS
In an opposite trend than that of the previous week, the Baltic Dry Index (BDI), a benchmark for tracking costs to haul commodities at sea, shot up ...
Wednesday, 26 May 10
BUMI TO CUT UP TO USD 1 BILLION DEBT IN 12 MONTHS
Press Release : PT Bumi Resources Tbk. announced yesterday that it has revived its intent to issue non preemptive shares and added this to the agend ...
Tuesday, 25 May 10
COAL PRODUCTION MAY REACH 320 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce as much as 320 million tons of coal this year, an increase of nearly 7 perc ...
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Showing 5811 to 5815 news of total 6871 |
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- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Planning Commission, India
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- GMR Energy Limited - India
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