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, 29 April 10
KANGAROO RESOURCES INKS KEY COAL EXPORT CONTRACT WITH YUDEAN FARNON - PROACTIVE INVESTORS
Proactive Investors reprted that, Kangaroo Resources has secured an initial export sales contract for coal from the company’s operating coal p ...
Wednesday, 28 April 10
UNITED TRACTORS FOCUSES ON MINING AS IT SEEKS TO DIVERSIFY REVENUE SOURCES - JG
The Jakarta globe reported that, PT United Tractors, Indonesia’s biggest heavy-equipment distributor and mining contractor, aims to have its m ...
Wednesday, 28 April 10
DRY BULK MARKET
After a prolonged period of anticipation and a stalled dry bulk market in terms of freight rates, the industry’s benchmark, the Baltic Dry Ind ...
Tuesday, 27 April 10
CAPESIZES UP, PANAMAXES DOWN - BRS
It was Capesizes up, Panamaxes down this week as the latter experienced a correction after its recent gains. Period rates for Panamaxes remain firm ...
Tuesday, 27 April 10
S.KOREA EWP SEEKS 0.520 MILLION TONS OF SUB-BITUMINOUS COAL
COALspot.com: South Korea East West Power Company has called for term bids for supply of Sub-bituminous Coal for Dangjin Thermal Power Pla ...
|
|
|
Showing 5856 to 5860 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- Australian Coal Association
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Bhushan Steel Limited - India
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Minerals Council of Australia
- Petron Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Cigading International Bulk Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
|
| |
| |
|
