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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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Wednesday, 22 December 10
PEABODY ENERGY TO SOURCE INDONESIAN COAL FROM PT SUPRA BARA ENERGI (SBE) - COAL GEOLOGY
Coal Geology reported that, Peabody Energy has entered into an agreement to source coal from PT Supra Bara Energi (SBE), which will be sold on the e ...
Wednesday, 22 December 10
INDONESIAN COAL LOAD PORT WEATHER CONDITION AND DELAYS
COALspot.com - The several leading shipping agents in Indonesia, said due to rainy season in Indonesia, loading activities in coal loading ports hav ...
Wednesday, 22 December 10
COAL INDIA CLOSE TO BUYING 15% STAKE IN AUSTRALIAN MINE - ECONOMIC TIMES
Economic Times reported that, Coal India (CIL) is close to buying a stake between 10% to 15% in an Australian mine owned by Peabody, a US company.
...
Wednesday, 22 December 10
CAPESIZE FUTURES MARKET RATES ARE EXPECTED TO CONTINUE THEIR DRIFT DOWN IN 2011 - BRS
Nearly two months of weekly declines in the Baltic Capesize Index were finally halted last week with a small 1% increase Friday-to-Friday. The impro ...
Wednesday, 22 December 10
DRY BULK MARKET LOOKING FOR DIRECTION AMID HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market isn’t exhibiting a “festive” behavior, thus cheering ship owners and investors alike. Instead, the industry&rs ...
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Showing 5476 to 5480 news of total 6871 |
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- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Wilmar Investment Holdings
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- MS Steel International - UAE
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
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