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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, 21 January 10
HANDYMAX - SHORT PERIOD OWNERS IDEAS ARE AROUND MID/LOW 20S - FEARNLEYS AS
HANDY
The BSI moved in a downward direction since last Friday reflecting minor a ...
Thursday, 21 January 10
ASF GROUP TO COMMENCE COAL SALES TO CHINA BY FEBRUARY 2010
Sydney-based China energy and resource conduit, ASF Group has struck an agreement to supply coal to China.
In September 2009, ASF announced a ven ...
Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than ...
Thursday, 21 January 10
CABOTAGE POLICY POSTPONED
The Transportation Ministry has decided to postpone for one year the full enforcement of the cabotage principle – a maritime term for the proh ...
Thursday, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
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Showing 6066 to 6070 news of total 6871 |
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- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Bhushan Steel Limited - India
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Mercator Lines Limited - India
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