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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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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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- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Bhatia International Limited - India
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- The University of Queensland
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
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