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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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Monday, 12 April 10
INDIA'S NALCO TO INVEST BIG IN INDONESIA'S ALUMINIUM PROJECT - BERNAMA
Bernama reported that, India's state- owned National Aluminium Company Ltd (Nalco) is to pump in massive investment to set up a aluminium smelter a ...
Saturday, 10 April 10
VESSELS OPEN N. CHINA WERE SEEN FIXED AT HIGH TEENS FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SINGAPORE
COALspot.com: The BDI indices was almost at same levels was down by only 2.6 pct.
The cape index was down by almost 13 pct, which appears to be s ...
Saturday, 10 April 10
KRISHNAPATNAM PORT GROWS BY ALMOST 100% IN ITS SECOND YEAR OF OPERATIONS
COALspot.com ( Press Release): It has been a year of setting numerous records for Krishnapatnam Port. Krishnapatnam Port is only in its second year ...
Saturday, 10 April 10
TRANS-ASIA SEEKS SEMIRARA, INDO SUPPLIERS FOR COAL POWER PLANT - MANILA STANDARD TODAY
Manila Standard Today reported that, Trans-Asia Oil & Energy Development Corp., a unit of the Phinma Group, will tap Semirara Mining Corp. ...
Thursday, 08 April 10
THE FAR EAST SHIPPING MARKET FIRMING SINCE THE LAST WEEK
Handy
Little fresh interest early this week after the holidays. The BSI saw yest ...
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Showing 5891 to 5895 news of total 6871 |
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- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Planning Commission, India
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Minerals Council of Australia
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- PTC India Limited - India
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
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