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Sunday, 21 November 10
THE FREIGHT MARKET MAY SLIGHTLY FIRM UP NEXT WEEK - CAPT. REDDY
COALspot.com: The freight market continued its down fall with BDI down by 6.83 pct and closed at 2,155 points.
According to Vistaar Shipping of Singapore, an experienced ship operator, all other segments were also under pressure with the Panamax index most affected which dropped by 13.83 pct and closed at 2,038 points and the Cape index was only down by 2.38 pct and closed at 3,526 points.
The Supramax and Handy size was also under pressure and closed at 1,389 points (down by 8.38 pct) and 788 points (down by 5.40 pct) respectively.
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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2155
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2313
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158
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¯
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6.83
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Baltic Cape Index
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3526
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3612
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86
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¯
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2.38
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Baltic Panamax Index
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2038
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2365
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327
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¯
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13.83
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Baltic Supra Index
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1389
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1516
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127
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¯
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8.38
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Baltic Handy size Index
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788
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833
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45
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¯
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5.4
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As of 19 November 2010
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The Supramax vessels opening in Far East and India continued to be under pressure . The Supramax rates opening Far East was at around $ 13,000 per day delivery N. China and vessels opening in India was at around $ 14000 per day.
“The futures are up on all segments were up on Thursday/Friday indicating that the market may slightly firm up next week” said Capt. Reddy, Director of Vistaar Shipping, Singapore.
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The futures for three years (2011-2013) was at around Cape/$ 25,000 per day, Panamax/$ 17,500 per day, Supramax/$ 16,000 per day, Handysize/$ 12,000 per day.
The congestion in EC Australian ports was lower than last week at 66 vessels this week (last week 78 vessels ). The vessels waiting at main coal loading ports were at Haypoint / 1, DBCT / 25, Gladstone / 5, Abbot Point / 1, New Castle / 32, Port Kembla / 2 vessels. On the WC Australia iron ore vessels waiting increased to 21 vessels (last week 46 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days, except that the congestion at Paradip and Haldia continued to be uncertain and high at around 10 days.
The Brent crude prices was slightly down and closed at $ 84.33 (last week $ 86.10 per barrel ). The bunker prices also softened and closed at $ 482.50 pmt (last week $ 499.00 pmt) for IFO 380 cst ex Singapore on 19th Nov 2010.
Click here for Vistaar’s forecasted (terms & conditions apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
Reported by Vistaar Shipping, Singapore
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Tuesday, 14 September 10
MID HIGH TEENS FROM WCI, AND HIGH TEENS FROM ECI TO CHINA - BRS
A fairly flat market for the dry bulk segments this week, although the Panamaxes jumped on the back of strong grain exports in the Atlantic. It ...
Tuesday, 14 September 10
HIGH CHARTERING ACTIVITY NEEDS TO KEEP UP FOR DRY BULK RATES TO REMAIN HIGH
Last week’s increase of spot chartering activity pushed dry bulk freight rates to new highs, after a less than lackluster summer. As a result, ...
Monday, 13 September 10
GLENCORE BUYS STAKE IN MINER BUMI
The Jakarta globe reported that, Switzerland-based Glencore International, the world’s largest commodities trader, has quietly acquired a $200 ...
Monday, 13 September 10
IT'S JAI INDONESIA FOR OUR POWER FIRMS
Indian power producers have been compelled to look abroad for fuel to run upcoming facilities, as domestic generation is unlikely to be able to meet ...
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 ...
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Showing 5611 to 5615 news of total 6871 |
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- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Mercuria Energy - Indonesia
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- MS Steel International - UAE
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Australian Coal Association
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- The Treasury - Australian Government
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
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