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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, 03 February 10
RECOVERY IN INDONESIAN MINING SECTOR EXPECTED TO BOOST SALES, UNITED TRACTORS SAYS
PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year ...
Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS
Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive i ...
Monday, 01 February 10
CIL PLANS TO INVEST IN OVERSEAS COAL MINES
Over the next 10 years, CIL expects to import from these mines at least 500 million tonnes of thermal coal, a variety used by power plants
The bo ...
Sunday, 31 January 10
AUSTRALIA NEWCASTLE THERMAL COAL FALLS 0.7 PERCENT TO $ 98.53
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 0.7 percent, falling for the first time in four weeks. ...
Sunday, 31 January 10
NTPC TO IMPORT COAL
NTPC Ltd plans to import coal directly, starting next fiscal.
“We plan to import 15-16 million tonnes of coal directly from next year,&rdqu ...
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Showing 6036 to 6040 news of total 6871 |
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- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Planning Commission, India
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Malabar Cements Ltd - India
- MS Steel International - UAE
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- The University of Queensland
- SMC Global Power, Philippines
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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