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Sunday, 09 December 12
LOW DEMAND PUSHES CHARTER RATES TOWARDS DOWN - VISTAAR
COALspot.com - The freight market has softened and BDI, The Baltic Dry Index, a measure of shipping costs for dry bulk goods, plunged below 1000 points on Friday closed at 966 points (down by 12.67 pct).
The Baltic Dry Index is issued daily by the UK-based Baltic Exchange, and has been in existence since 1744. It tracks the worldwide international shipping prices of major raw materials and dry bulk cargoes by sea, including grain, iron ore, coal and other fossil fuels. The BDI measures the shipping costs of these raw materials for four different sizes of merchant vessels on 26 different geographic routes and averages them into one index.
The cape index has also dropped by 1.67 pct and closed at 1832 points. The Panamax also continued to fall this week closed at 936 points . The supramax and handy size index was almost at same levels down by less than 1 pct closing at 760 points and 470 points respectively.
The charter rates dropped towards second half of the week due to drops in demand. The Freight market likely to be soft next week too.
The average charter rate for Cape was around US$ 12,066 per day , Panamax was at around US$ 7441 per day this week. In the meantime Supramax was at US$ 7,947 per day and Handy size US$ 6,589 per day.
The futures for three years (2013-2015) was at around Cape / $14000 per day, Panamax $ 9,500 per day, Supramax $ 9,500 per day and Handy size$ 8000 per day.
The supramax index in the far east (S8 route) was down by 3.36 pct and closed at $ 9770 per day (last week it was at $ 10110 per day). The route S7 was also down by 1.46 pct closed at $ 5725 per day (last week was at $ 5810 per day) . The market seems to be weak this week and the freights from Indonesia to India also to be soft next week.
The congestion in EC Australia increased to 79 vessels this week (last week 67 vessels). The vessels waiting at main coal loading ports were at Haypoint/4, DBCT/17, Gladstone/17, Abbot Point/2, New Castle/33, Port Kembla/2 vessels.
The Brent crude oil prices was down by 3.59 pct and closed at $ 107.16 per barrel (last week $ 111.15 per barrel). The bunker prices closed higher at $ 595.00 (last week $ 600.50 pmt) for IFO 380 cst ex Singapore on 6th Dec 2012.
Click here for Vistaar’s forecasts (terms & conditions apply) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)
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Thursday, 11 October 12
SINGAPORE BASED COAL SOURCE AND SHIPPING BAGS 300K MT IMPORTED COAL SUPPLY CONTRACT FROM TNPL
COALspot.com - India-based paper manufacturer Tamil Nadu Newsprint and Papers Limited has awarded a tender for 300,000 mt of imported steam co ...
Thursday, 11 October 12
PANAMAX : SINCE LAST WEEK RATES HAS FIRMED FOR ALL TRADES - FEARNLEYS AS
Handy
The Atlantic market remains quiet due to lack of cargoes and more supply of ships. Rates from Continent to East Med were around USD 14k and B ...
Thursday, 11 October 12
DRY BULK MARKET STEADY AFTER CHINESE HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market hasn't yet staged a solid rebound after last week's holidays in China, as many would have expected. Indeed, many analysts were ...
Wednesday, 10 October 12
NEW BUILDING MARKET ON A QUIET WEEK, DUE TO ASIAN HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The newbuilding ordering activity has been more than quite during the course of the past week, as a result of holidays in both Korea and China. Acco ...
Wednesday, 10 October 12
TAPPING OPPORTUNITIES WITHIN GLOBAL ECONOMIC PERSPECTIVE
Press Release: Mining sector will continue to play a significant role in supporting industrial and economic development in Indonesia which is curren ...
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Showing 4541 to 4545 news of total 6871 |
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
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