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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, 15 April 10
DRY BULK MARKET SLOWLY GAINING GROUND
The troubled and underperforming capesize sector of the dry bulk market has been experiencing an improved sentiment since Tuesday, a trend verified ...
Tuesday, 13 April 10
CHINA COAL SEEING 'STRONG DEMAND,' PUDA COAL CFO SAYS - BUSINESS WEEK
Business Week reported that, China coal prices will increase this year as the nation’s industry expands and a drought in the southwest region ...
Tuesday, 13 April 10
PEABODY, COAL INDIA CONFIRM 'EARLY STAGE' TALKS - MINING WEEKLY
Mining Weekly reported that, US coal-miner Peabody Energy is holding discussions with Coal India, the company said on Monday, after an Australian ne ...
Tuesday, 13 April 10
ANGLO PREDICTS HIGH COAL PRICES, STEADY SUPPLY
Busrep / Reuters reported that, Coal prices were expected to remain strong this year, while exports would match last year's despite rail cons ...
Tuesday, 13 April 10
THE PANAMAX MARKET CONTINUED TO STRENGTHEN - BRS DRY BULK
Panamax rates continue to beat the market, and the Panamax 4TC is now trading at a 25% premium to the Cape 4TC — the biggest margin since the ...
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Showing 5886 to 5890 news of total 6871 |
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- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
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