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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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Wednesday, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...
Wednesday, 17 February 10
JORONG COULD COST BANPU 5%
Banpu Plc, Asean's biggest coal miner, forecasts a 5% drop in revenue if its suspended coal mine in Indonesia is closed for one year, says presiden ...
Wednesday, 17 February 10
RUSSIA KRU JAN COAL EXPORTS DOWN 4 PCT
Kuzbassrazrezugol, Russia's second largest steam coal producer, exported 1.859 million tonnes of coal last month, down 80,000 tonnes or 4 percent f ...
Wednesday, 17 February 10
VEDANTA SET FOR PORTS ENTRY WITH VIZAG TENDER
Vedanta, along with Leighton Contractors India, quoted a revenue share of 38.1% to win the 30-year contract
Mining and metals conglomerate Vedant ...
Tuesday, 16 February 10
TRENDS DRY BULK MARKET ... TRENDS - BRS
The start of the Chinese New Year had an immediate impact on rates and for once all the dry bulk segments lost similar ground.
The BDI fell 5%, a ...
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Showing 5986 to 5990 news of total 6871 |
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- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- White Energy Company Limited
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Latin American Coal - Colombia
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
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