We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
|
|
“Short period rates for Supramax was around US$ 21,000 – 22,000 per day for vessels opening Far East / SE Asia” - Vistaar Shipping
|
|
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)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 10 June 10
CHARTERERS ARE NOT WILLING TO PAY THE RATES AS MARKET SLIDES
DRY BULK
Handy
Atlantic markets are quieter (Posidonia?) with less activity. Nevertheless expect some fresh enquiries f ...
Thursday, 10 June 10
R-POWER, INDONESIA'S SUGICO INK PACT TO ACQUIRE COAL MINES - ECONOMIC TIMES
Economic Times of India reported that, Anil Ambani-owned Reliance Power has signed a share-sale agreement with Indonesia’s Sugico Group to acq ...
Thursday, 10 June 10
PARAMOUNT MINING CORPORATION REPORTS KEY INDONESIAN JV AGREEMENT
Indonesia focussed Paramount Mining Corporation has reported that its Indonesian subsidiary, PT Paramindo, has concluded a Joint Venture Agreem ...
Wednesday, 09 June 10
INDIA, CHINA TO PROP UP THERMAL COAL DEMAND - COMMODITY ONLINE
Commodity Online : Weakness in thermal coal demand in OECD will continue to be offset by growth in demand in India and China. Therefore, the s ...
Tuesday, 08 June 10
TATA POWER LOOKING TO PICK UP STAKE IN OVERSEAS COAL MINES - ECONOMIC TIMES
Economic Times reported that, Tata Power is looking for a strategic stake purchase in coal mines of Indonesia or South Africa to fuel its upcoming 1 ...
|
|
|
Showing 5786 to 5790 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Planning Commission, India
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Australian Coal Association
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- The University of Queensland
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
|
| |
| |
|
