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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$456 pmts (IFO 380 cst ex Singapore) on 12th Feb 2010.
FREIGHT FORECAST
Click here for Vistaar’s forecasted (subject to terms & conditions) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
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Sunday, 16 May 10
INDIKA ENERGY & COAL ASSETS EXPANSION
Insider stories reported that, PT Indika Energy Tbk (INDY) has three portfolio coal assets, PT Kideco Jaya Agung, coal asset in East Kalimanta ...
Saturday, 15 May 10
THE AVERAGE CHARTER HIRE FOR CAPE REACHES US$ 49,931 PER DAY - VISTAAR SINGAPORE
COALspot.com: "The freight market was extremely buoyant this week with BDI almost up by 9 pct and the market was very firm in Feast/SE Asia sec ...
Saturday, 15 May 10
DRY BULK MARKET POSTS HEALTHY WEEKLY GAINS
The dry bulk market has reached new highs this week, the second consecutive solid one, with the industry’s benchmark, the Baltic Dry Index (BD ...
Friday, 14 May 10
JSW BUYS COAL MINES IN US, PRODUCTION STARTS IN SEPT
JSW Steel on Friday said it has completed $100 million acquisition of coking coal assets in the US and will start production from September to parti ...
Friday, 14 May 10
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL PROJECTS - PROACTIVE INVESTORS
Proactive Investors reported that, Kangaroo Resources (ASX: KRL) is preparing to complete the acquisition of its five outstanding Indonesian coal pr ...
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Showing 5836 to 5840 news of total 6871 |
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- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Electricity Authority, New Zealand
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
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