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Saturday, 06 February 10
FREIGHT WOULD CONTINUE TO BE SOFT NEXT WEEK - VISTAAR SHIPPING
 COALspot.com (Singapore): The freight market continued to soften this week including the stock markets. The main reason seems to be Chinese new year holidays and China's new tighter credit policy affecting investor confidence.
BDI
The BDI dropped by 133 points by 5 pct and closed at 2,715 points. The cape index dropped almost remained stable at the close of the week with a drop by only 20 points and closed at 3,474 points. Maximum drop was seen in the Panamax index which dropped by 275 points by 8 pct and closed at 3,141 points. The Supramax index dropped by 115 points by 5 pct and closed at 2,156 points. The handy size index dropped by 68 points by about 6 pct and closed at 11,095 points.
AVERAGE CHARTER HIRE
The average charter hire was at Cape US$ 31,889 per day, Panamax US$ 25,277 per day, Supramax US$ 22,540 per day and Handy size US$ 16,012 per day. The Supramax index in the Fareast (S6 route) continued to softened and was down by US$ 1,350 per day and closed at US$ 16,570 per day.
| “It seems that freight would continue to be soft next week because of Chinese new year holidays” - Capt. Reddy, Vistaar Singapore |
“It seems that next week also would continue to be soft because of Chinese new year holidays” said Capt. Reddy, Managing Director of Vistaar. The ECI/China (S7) route softened by US$ 1,497 per day and closed at US$ 25,863 per day. Short period rates for Supramax was around US$ 21,000/22,000 per day for vessels opening Far east/SE Asia. Supramax charter rates for one year is around US$ 19/20000 per day.
THREE YEARS FUTURE
The futures for three years(2010-2012) remained unchanged and was at around Cape US$ 30,000 per day, Panamax US$ 19,000 per day, Supramax US$ 16,500 per day, Handy size US$ 12,500 per day.
PORT CONGESTION
The congestion at Australian ports in the EC for coal loading was at record high at 148 vessels (last week 137 vessels), which is highest in 3 yrs. The congestion increased due to bad weather and some shippers declaring force majeure. The number of vessels waiting at DBCT and Newcastle was around 53 vessels. The waiting at DBCT was around 30 days , Hay point and Gladstone 10-12 days and Newcastle about 16 days. On the WC Australia iron ore vessels waiting was same as last week at 25 vessels (last week 25 vessels). The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
CRUDE PRICE
The crude prices continued to be soft and the Brent crude prices was at US$ 70.23 per barrel (last week US$ 71.31 per barrel). The prices of bunkers softened to US$ 444 pmts (IFO 380 CST ex. Singapore) on 5th Feb 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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Thursday, 24 June 10
DRY BULK MARKET AT LOWEST POINT IN EIGHT MONTHS
The dry bulk market’s demise has failed to turn around so far this week, with the industry’s benchmark, the Baltic Dry Index (BDI), yest ...
Wednesday, 23 June 10
WILHELMSEN SHIPS SERVICE OPENS NEW OFFICE IN KRISHNAPATNAM PORT INDIA
Wilhelmsen Ships Service has opened a branch office in Krishnapatnam port on the east coast of India according to statement released by company ...
Wednesday, 23 June 10
PTC'S INDONESIAN COAL-MINING FORAY-I: TO INVEST USD 69 MILLION VIA OVERSEAS SPV
Moving ahead with its plans to acquire coal assets abroad, the power trading major, PTC India Limited, has decided to invest a total of USD 69 milli ...
Tuesday, 22 June 10
INDIA HAS REPORTED MORE COAL IMPORTS FROM COLOMBIA
A second consecutive week of sharp corrections for the dry bulk market, although some of the softness could be attributed to Chinese holidays at the ...
Monday, 21 June 10
THE SUPRAMAX INDEX IN THE FAR-EAST (S6 ROUTE) WAS DOWN BY $ 1300 PER DAY - VISTAAR
COALspot.com: The market continued to soften in all sectors last week also with the BDI dropping by 18.07 pct and Cape index by 26.71 pct.
The BD ...
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Showing 5766 to 5770 news of total 6871 |
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- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- The University of Queensland
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Economic Council, Georgia
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Coal and Oil Company - UAE
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