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Saturday, 25 September 10
PRESSURE ON S6 AND S7 ROUTES SEEMS TO BE CONTINUED NEXT WEEK CAPT. REDDY
COALspot.com: The freight market has been flat this week due to holidays in China and low activity saw all sectors down and soft.
The BDI was down by 8.67 pct and closed at 2,444 points.
The cape index saw the maximum drop and was down by 10.34 pct and closed at 3,121 points. The Panamax and Supramax index was also under pressure and was down by almost 7 pct and closed 2,719 and 1,879 points respectively. The handy size was only marginally down by 1.47 pct and closed at 1,069 points.
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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2444
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2676
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232
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¯
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8.67
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Baltic Cape Index
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3121
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3481
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360
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¯
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10.34
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Baltic Panamax Index
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2719
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2928
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209
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¯
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7.14
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Baltic Supra Index
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1879
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2012
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133
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¯
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6.61
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Baltic Handy size Index
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1069
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1085
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16
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¯
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1.47
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As of 24 September 2010
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The iron ore demand was flat and the iron ore movement into China will have a major affect on the freight market. Also the new deliveries, especially cape size vessels will have a affect on the market with almost 3 cape size vessels new deliveries every week.
The average charter hire was at Cape/US$ 29,002 per day, Panamax/US$ 21,840 per day, Supramax/US$ 19,644 per day and Handy size/US$ 15,666 per day.
The Supramax index in the Fareast (S6 route) was down by US$ 1,368 per day (down by 7.0 pct ) and closed at US$ 11,8027 per day. The ECI/China (S7) route was down by US$ 994 per day (down by 5.48 pct) and closed at US$ 17,129 per day . The S6 and S7 routes seems will be under pressure next week also.
The futures for three years (2010-2012) was almost at same levels and was around Cape/US$ 27,000 per day, Panamax/US$ 21,000 per day, Supramax/US$ 18,500 per day, Handy size/US$ 14,000 per day.
The congestion in EC Australian ports decreased to 93 vessels this week (last week 102 vessels ). The vessels waiting at main coal loading ports were at Hay point/5, DBCT/38, Gladstone/9, Abbot Point/1, New Castle/45, Port Kembla/5 vessels. On the WC Australia iron ore vessels waiting was slightly down to 26 vessels (last week 30 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days, except that the congestion at Haldia continued to be high with almost 20 days berthing delays for iron ore vessels.
The Brent crude prices was almost at same levels and was at US$ 78.87 per barrel (last week US$ 78.08 per barrel ). The bunkers prices was almost around same levels ex Singapore and was at US$ 440.00 pmt (ifo 380 cst ex Singapore) on 24th Sept 2010.
Click here for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore shipments for specific routes(cs)
Reported by Vistaar Shipping, Singapore
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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 ...
Thursday, 09 September 10
INDONESIA SWAPS COAL FOR INFRASTRUCTURE - FT
As Asia’s major economies bound forward and their hunger for energy surges over the next decade, Indonesia is strategically positioned to take ...
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Showing 5616 to 5620 news of total 6871 |
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- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Straits Asia Resources Limited - Singapore
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Chamber of Mines of South Africa
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- The University of Queensland
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Wilmar Investment Holdings
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
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