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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, 14 January 10
INDIANS RESUME S. AFRICA COAL BUYING AGAINST INDEX - REUTERS
Indian trade buyers have resumed buying of South African prompt coal cargoes after a two-month hiatus but are opting for index-linked pricing, hopin ...
Wednesday, 13 January 10
STEAMING COAL SUPPLY SPOT CONTRACT FOR TAEAN POWER PLANT
COALspot.com (South Korea): Korea Western Power Co., Ltd is looking for total 1.12 million tons of Bituminous Coal for TAEAN Power Plant.
Accord ...
Wednesday, 13 January 10
INDONESIA ISSUES COAL, METAL DECREE
Indonesia has issued a ministerial decree which requires metal and coal miners to set aside a certain amount of their production for domestic needs, ...
Wednesday, 13 January 10
RESTING TIME FOR INDONESIAN COAL LOADING VESSELS
COALspot.com (Indonesia): 11 - 15 vessels are waiting in anchorages of Muara Berau and Tanjung Pemancingan to load total about 700,000 – ...
Wednesday, 13 January 10
SOUTH AFRICA STEAM COAL PRICE FALLS SHARPLY
Reuters reported that South African physical coal prices fell sharply on Tuesday with a March cargo trade at USD 87.5 a tonne FOB Richards Bay and d ...
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Showing 6091 to 6095 news of total 6871 |
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- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Heidelberg Cement - Germany
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- The University of Queensland
- Economic Council, Georgia
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
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