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Saturday, 29 May 10
FREIGHT MARKET SEEMS TO BE STABILIZING - CAPT. REDDY
COALspot.com: The week was clearly for Cape which went up by almost 21 pct . The BDI was up only by 6 pct.
The other sectors were under pressure and the Panamax/Supramax and Handy size index was down by 7.19 pct , 3.65 pct and 2.57 pct respectively. The market seems to be stabilizing and the firmness which was seen in the Panamax and Supramax sector for last couple of weeks has weakened.
"Overall with the financial markets in turmoil the market has been very unsteady. It appeared that the cargo stems out of Indonesia and Australia were less", said Capt. Reddy, MD of Vistaar Shipping, Singapore.
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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4078
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3844
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234 ↑
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6.09
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Baltic Cape Index
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5217
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4317
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900 ↑
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20.85
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Baltic Panamax Index
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4247
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4576
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329 ¯
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-7.19
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Baltic Supra Index
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2982
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3095
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113 ¯
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-3.65
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Baltic Handy size Index
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1477
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1516
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39 ¯
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-2.57
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As of 28 May 2010
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The average charter hire was at Cape/US$ 57,095 per day, Panamax/ US$ 34,083 per day, Supramax/ US$ 31,176 per day and Handy size/ US$ 21,408 per day.
The Supramax index in the Fareast (S6 route) was down by US$ 696 per day and closed at US$ 26,234 per day. The ECI/China (S7) route softened by US$ 4,179 per day and closed at US$ 27,200 per day and is likely to soften further.
The futures for three years (2010-2012) was at around Cape/ US$ 32,000 per day, Panamax/ US$ 21,500 per day, Supramax/ US$ 19,000 per day, Handy size/ US$ 14,000 per day.
The congestion in EC Australian ports was at 128 vessels this week (last week 117 vessels ). The vessels waiting at main coal loading ports were at Hay point/14, DBCT/63, Gladstone/11, Abbot Point/Nil, New Castle/16 vessels, Port Kembla /1 vessel. On the WC Australia iron ore vessels waiting increased to 42 vessels (last week 26 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days except that congestion starting to increase at Visakhapatnam and Haldia in addition to Paradip.
The Brent crude prices was slighlty up at US$ 74.14 per barrel (last week US$ 71.72 per barrel). The prices of bunkers was quite soft during later part of the week and closed at US$421 pmt (IFO 380 CST ex. Singapore) on 28th 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, 13 May 10
ACTIVITY ON WEST COAST INDIA IS SLOWING - FEARNLEYS AS
DRY BULK CHARTERING
Handy
Atlantic markets remain firm but more for end May/beg June dates as there seems to be more enquiries for those dates. ...
Thursday, 13 May 10
DRY BULK SHIP OWNERS CHEERFUL AMID MARKET RALLY
China’s appetite for raw materials like iron ore and coal, as well as a series of added factors are boosting demand for dry bulk carriers, hel ...
Wednesday, 12 May 10
BANPU'S Q1 PROFIT SLIDES 43% TO B2.71BN - BANGKOK POST
The Bangkokpost reported that, Banpu Plc posted a first-quarter net profit of 2.71 billion baht, down by 43% from the same period last year.
The ...
Tuesday, 11 May 10
DALRYMPLE BAY COAL EXPORTS HIGHEST SINCE JULY; NEWCASTLE FALLS - BLOOMBERG
Bloomberg reported that, Coal shipments from Australia’s Dalrymple Bay terminal in Queensland state rose to the highest in nine months in Apri ...
Tuesday, 11 May 10
DRY BULK RATES SHOOT UP ON STRONG CARGO DEMAND
The dry bulk industry’s benchmark, the Baltic Dry Index (BDI) has kept its momentum, as predicted by analysts and shipping experts, managing t ...
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Showing 5841 to 5845 news of total 6871 |
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- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
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