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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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- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Indonesian Coal Mining Association
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Energy Development Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- The University of Queensland
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- McConnell Dowell - Australia
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- White Energy Company Limited
- Planning Commission, India
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
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