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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, 30 August 10
DRY BULK MARKET STABILIZES, ALBEIT AT A FALLING NOTE
The dry bulk market’s leading benchmark, the Baltic Dry Index (BDI) ended the week at 2712 points, a marginal weekly loss of 1.6% or 44 points ...
Saturday, 28 August 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS FIRM FOR CAPE AND PANAMAX VESSELS - VISTAAR
COALspot.com: The freight market appeared to be heading for correction with the indices coming off during later part of the week. The BDI closed 44 ...
Saturday, 28 August 10
KRISHNAPATNAM PORT SETS AN ALL INDIA COAL DISCHARGE RECORD
COALspot.com: Krishnapatnam Port has established all new record for coal discharged in India using the conventional system of coal unloading for por ...
Friday, 27 August 10
PAKISTAN WILL IMPORT 8 TO 10 PERCENT MORE COAL IN 2011
COALspot.com: Pakistan to import 4 million ton of coal in 2011 up by 8-10 percent compare to this year’s imports. "Pakistan's tota ...
Thursday, 26 August 10
CHARTERERS SWITCHING FROM PANAMAX TO CAPE STEMS DUE TO CAPE FALL
Handy
The activity picked up in the Atlantic with more enquiries seen for short period tonnage for end August/beg September - As the grain season ...
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Showing 5641 to 5645 news of total 6871 |
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- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- The University of Queensland
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- White Energy Company Limited
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
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