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Saturday, 30 January 10
THE ECI / CHINA (S7) ROUTE SOFTENED BY $ 5,736 AND CLOSED AT $ 27,360 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week probably in anticipation of Chinese New year holidays.
BDI INDEX
The BDI dropped by 356 points by 11 pct and closed at 2,848 points. The cape index dropped by 667 points by 16 pct and closed at 3,494 points. Panamax index dropped by 241 points by 6 pct and closed at 3,420 points. The Supramax index dropped by 178 points by 7 pct and closed at 2,271 points. The handy size index dropped by 47 points by about 4 pct and closed at 1,163 points.
CHARTER HIRE
The average charter hire was at Cape US$ 32,182 per day, Panamax US$ 27,499 per day, Supramax US$ 23,741 per day and Handy size US$ 16,953 per day.
| "The futures for three years was at around Panamax $ 19,000, Supramax $ 16,500 and Handy size $ 12,500 per day" – Vistaar Singapore |
The Supramax index in the far east (S6 route) continued to softened and was down by US$ 2,140 per day and closed at US$ 17,920 per day. It seems that next week also would continue to soften because of Chinese new year holidays approaching.
The ECI / China (S7) route softened by US$ 5,736 per day and closed at US$ 27,360 per day. Short period rates for Supramax was around US$ 21 / 22,000 per day for vessels opening Far east / SE Asia. Supramax charter rates for one year is around US$ 19 / 20,000 per day.
THREE YEARS FUTURE
The futures for three years (2010 - 2012) was at around Cape US$ 30,000 per day, Panamax US$ 19,000 per day, Supramax US$ 16,500 per day and Handy size US$ 12,500 per day.
Some analysts expect that the iron ore movement will touch about 1 billion tons this year. Last year the iron ore movement was at 905 million tons. China would be importing almost 65 pct of the global iron ore. The import of coal is expected to increase .
PORT CONGESTION
The congestion at Australian ports in the EC for coal loading was at 137 vessels (last week 139 vessels). The waiting at DBCT was around 30 days , Hay point and Gladstone 7-10 days and Newcastle about 16 days. On the WC Australia iron ore vessels waiting was at 25 vessels (last week 30 vessels). The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
CRUDE
The crude prices continued to be soft and the Brent crude prices was at US$ 71.31 per barrel (last week US$ 72.45 per barrel). The prices of bunkers softened to US$ 460 pmts (IFO 380 cst ex Singapore) on 29th Jan 2010.
FREIGHT FORECAST
Click here for Vistaar’s forecasted (subject to terms & conditions) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
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Wednesday, 27 January 10
PEABODY ENERGY EYES 'RED HOT' ASIAN COAL DEMAND
US miner Peabody Energy has seen already-strong Asian markets become “red hot”, as demand for metallurgical and thermal coal strains sup ...
Wednesday, 27 January 10
KOLKOTTA BASED POWER UTILITY CESC LOOKING FOR 100,000 MT OF COAL FOR MAY & JUNE DELIVERY
COALspot.com (India): Kolkotta based power utility CESC, the flagship company of the diversified RPG group of India, has issued a closed tender to b ...
Tuesday, 26 January 10
FREIGHT COST ERODES INDIA CEMENTS NET
"Freight cost increased from an average of around 14% of sales in the previous quarters to around 20% in the third quarter"
The Decembe ...
Tuesday, 26 January 10
VITOL BUYS EXPORT SPACE AT COLOMBIA SANTA MARTA PORT
Global energy trader Vitol has signed a four-year deal to take export capacity at Colombia's 3 million tonnes a year Carbonsan port in Santa Marta, ...
Tuesday, 26 January 10
AUSTRALIAN FIRM TO MINE COAL IN WEST BENGAL
India Resources Ltd (IRL), a mining firm listed on the Australian Stock Exchange, has decided to enter into contract mining of coal in
India ...
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Showing 6051 to 6055 news of total 6871 |
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Xindia Steels Limited - India
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- ICICI Bank Limited - India
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- The University of Queensland
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
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