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Saturday, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY
 COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been forced to fix at low numbers. The trend may continue at least until next week till the Chinese New year holidays are over.
BDI INDEX
The BDI dropped by 144 points by 5 pct and closed at 2,571 points. The cape index dropped by 215 points by 6 pct and closed at 3,259 points. The Panamax dropped only by about 4 pct this week compared to 8 pct last week and was down by 113 points and closed at 3,141 points. The Supramax index dropped by 108 points by 5 pct and closed at 2,048 points.
The handy size index dropped by 18 points by about 2 pct and closed at 1,038 points.
CHARTER HIRE
The average charter hire was at Cape US$ 29,649 per day, Panamax US$ 21.,412 per day, Supramax US$ 21,112 per day and Handy size US$ 15,169 per day.
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“Short period rates for Supramax was around US$ 21,000 – 22,000 per day for vessels opening Far East / SE Asia” - Vistaar Shipping
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The Supramax index in the Far East (S6 route) continued to softened and was down by US$ 1,572 per day and closed at US$ 14,998 per day. Next week also would continue to be soft because of Chinese new year holidays . The ECI/China (S7) route was almost at same levels with a drop of only US$ 528 per day and closed slightly lower at US$ 25,335 per day mainly.
Short period rates for Supramax was around US$ 21/22000 per day for vessels opening Far East/SE Asia. Supramax charter rates for one year is around US$ 19000 per day.
THREE YEARS FUTURE
The futures for three years (2010-2012) remained unchanged and was at around Cape US$ 28,000 per day, Panamax US$ 18,500 per day, Supramax US$ 15,500 per day, Handy size US$ 12,500 per day.
PORT CONGESTION
The congestion at Australian ports in the EC for coal loading continued to be high at 148 vessels (last week 148 vessels), which is highest in 3 yrs. The congestion increased due to bad weather. The number of vessels waiting at DBCT and Newcastle was around 60 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 22 vessels (last week 25 vessels). The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
CRUDE
The crude prices firmed up this week and the Brent crude prices was at US$ 72.90 per barrel (last week US$ 70.23 per barrel). The prices of bunkers also was up at US$456 pmts (IFO 380 cst ex Singapore) on 12th 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, 24 October 11
CAPESIZE RENTAL RATES RISE FOR THIRD DAY AS MORE SHIPS HIRED - HELLENIC SHIPPING
Rates to hire capesize vessels advanced for a third day on signs of increased demand to transport iron ore, used to make steel.Daily rates for the s ...
Sunday, 23 October 11
CHINA LOOKING TO RESELL INDONESIAN COAL CARGOES - BARCLAYS
Commodity Online reported that, Anecdotal evidence has suggested that China is even looking to resell Indonesian cargoes back into the seaborne coal ...
Saturday, 22 October 11
THE SHORT-PERIOD RATES FOR PANAMAX REMAINED FIRM - CAPT. REDDY
COALspot.com - "The market seemed to slow down a bit this week, and all sectors were down by about One to five percent", said Capt. Reddy, ...
Saturday, 22 October 11
WILL THE PROPOSED 26 PERCENT PROFIT SHARING CLAUSE IN THE MINING BILL SPEED UP THE PRODUCTION OR SCARE AWAY INVESTORS? - DIPESH DIPU
A draft law has been approved by a ministerial panel headed by Finance Minister Pranab Mukherjee of India which, if passed by the Cabinet, will make ...
Saturday, 22 October 11
INDONESIA'S GOLDEN ENERGY SLASHES ITS IPO PRICE - THE JAKARTA GLOBE
The Jakarta Globe reported that, Golden Energy Mines, a coal mining company affiliated with Sinar Mas Group, lowered its target in an initial public ...
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Showing 5016 to 5020 news of total 6871 |
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- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- MS Steel International - UAE
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Star Paper Mills Limited - India
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Indo Tambangraya Megah - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
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