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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, 26 July 10
CEMENT MAKERS EXPLORE NEW FUELS TO REPLACE COAL - ECONOMIC TIMES
Economic Times reported that, As the cement industry reels under high raw material costs and reduced coal linkages, companies are exploring alternat ...
Saturday, 24 July 10
INDONESIAS BUKIT ASAM H1 2010, SALES RAISED 10% TO 6.44 MILLION TONS
COALspot.com: PT Tambang Batubara Bukit Asam (PTBA), Indonesian state owned mining company’s H1 2010, sales raised 10% to 6.44 million tons. T ...
Saturday, 24 July 10
INDONESIAN COAL MINERS ARE REQUIRED TO SUPPLY 64.96 MLN TONS OF COAL TO DOMESTIC MARKET IN 2010
COALspot.com : Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree related to Domestic market obligation (DMO) for ...
Saturday, 24 July 10
THE BDI SEEMS TO BE RECOVERING AND WAS UP BY ABOUT 6 PCT - CAPT. REDDY
COALspot.com: "The BDI seems to be recovering and was up by about 6 pct this week after losing for almost last 7 weeks", said Capt. Reddy, ...
Saturday, 24 July 10
ANALYSIS - GROWTH IN VESSEL SUPPLY PRESSURES OCEAN FREIGHT RATES
It's common to use global shipping rate trends as a proxy of global economic health. If demand for goods and raw materials are strong, so should it ...
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Showing 5701 to 5705 news of total 6871 |
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- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Marubeni Corporation - India
- GMR Energy Limited - India
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Xindia Steels Limited - India
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
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