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Sunday, 06 June 10
THE DOWNWARD TREND FOR S6 AND S7 ROUTE IS LIKELY TO CONTINUE NEXT WEEK - VISTAAR
 COALspot.com: "This seemed market heading for corrections with all sectors down", said, Capt. Reddy, MD of Vistaar Shipping Singapore, an experienced ship operator in Singapore.
Even though the cape index showed gains beginning of the week , but started to soften towards second half of the week and the index closed at 3,844 points down by 2.04 pct.
The BDI was down by 5.74 pct and closed at 3,844 points. The most affected was Panamax and Supramax category with indices softening by almost 8 pct and closed at 3,878 points and 2,741 points.
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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3844
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4078
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234 ¯
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-5.74
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Baltic Cape Index
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5110
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5217
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107 ¯
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-2.05
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Baltic Panamax Index
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3878
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4247
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369 ¯
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-8.69
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Baltic Supra Index
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2741
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2982
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241 ¯
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-8.08
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Baltic Handy size Index
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1426
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1477
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51 ¯
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-3.45
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As of 4 June 2010
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The handy size index was down by 3.45 pct and closed at 1,426 points. The market seems heading for some correction at least for the time being as the steel demand seems to be softening and having affect on iron ore demand. Spot vessels will willing to fix at low rates compared to previous weeks as there were not many firm orders out of Indonesia and Australia.
The average charter hire was at Cape/US$ 55,010 per day, Panamax/ US$ 31,118 per day, Supramax/ US$ 28,662 per day and Handysize/ US$ 20,703 per day.
The Supramax index in the Fareast (S6 route) was down by US$ 2,120 per day and closed at US$ 24,114 per day. The ECI/China (S7) route continued to softened and was down by US$ 3188 per day and closed at US$ 24,042 per day . The downward trend for S6 and S7 route is likely to continue next week also.
The futures for three years (2010-2012) was at around Cape/ US$ 31,000 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 118 vessels this week (last week 128 vessels ). The vessels waiting at main coal loading ports were at Hay point/12, DBCT/56, Gladstone/12, Abbot Point/Nil, New Castle/37 vessels, Port Kembla/1 vessel. On the WC Australia iron ore vessels waiting was down to 27 vessels (last week 42 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 to US$ 71.71 per barrel (last week US$ 74.14 per barrel). The was slightly firm this week and closed at US$ 443 pmt (ifo 380 cst ex Singapore) on 4th June 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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Monday, 13 September 10
CIL IN TALKS WITH SHIPPING CORP TO FORM JV FOR COAL IMPORTS
Shipping Corporation of India, the largest domestic shipping liner, may form a joint venture with Coal India for coal imports, a top company officia ...
Monday, 13 September 10
FREIGHT MARKETS MAY BE A BIT SOFT THIS WEEK - VISTAAR SINGAPORE
COALspot.com: The freight market continued its upward trend with the BDI almost touching 3000 points. However the uncertainty seems to continue with ...
Friday, 10 September 10
INDONESIAN RAILWAY CONTRACT STILL UP FOR BIDDING - LOGISTICS WEEK
The tender process for a $2.2bn project to build a coal-transporting railway line in Central Kalimantan province, Indonesia, is still underway and n ...
Friday, 10 September 10
WCI INTO CHINA WITH IRON ORE ARE AIMING AROUND $ 20K - FEARNBULK
Handy
The rates are firm in every corner of the world. However it still looks Atlantic/Baltic/Black Sea offer better employment opportunities for ...
Thursday, 09 September 10
INDIANS BALCO TO BUY 50 K OF 3,000 TO 4,500 GAR CALORIFIC VALUE COAL
COALspot.com: Bharat Aluminium Company Limited (BALCO) is a subsidiary of Sterlite Industries (India) Limited and part of Vedanta Resources PLC, a L ...
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Showing 5616 to 5620 news of total 6871 |
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- AsiaOL BioFuels Corp., Philippines
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- The University of Queensland
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- London Commodity Brokers - England
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Posco Energy - South Korea
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
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