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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, 07 January 10
INDONESIAS COAL OUTPUT MAY RISE TO 309 MILLION TONS IN 2014 - BLOOMBERG
Indonesia’s coal production may rise to 309 million tons by 2014 from an estimated 250 million tons this year, Bambang Setiawan, director-gene ...
Wednesday, 06 January 10
RICHARDS BAY SAYS 46% OF COAL EXPORTS WENT TO EUROPE
Richards Bay Coal Terminal, through which almost all of South Africa’s coal exports are routed, said 46 percent of the coal it exported in 200 ...
Wednesday, 06 January 10
CHINA-AUSTRALIA INVESTMENT TIES SEEN IMPROVING IN 2010
Australia and China showed a united front in a bid to improve investment ties as they signed a $3-billion coal deal on Wednesday, following a rocky ...
Wednesday, 06 January 10
INVESTMENT IN MINING TO TOP $2.5B IN 2010
The government plans to invest US$2.5 billion in the mining sector, an official said Tuesday.
Bambang Setiawan, the director general of mineral r ...
Wednesday, 06 January 10
SAS 2009 COAL EXPORTS THROUGH RBCT FLAT AT 61MT
Exports through South Africa’s Richards Bay Coal Terminal (RBCT) remained flat in 2009, as the terminal faced “critical business challen ...
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Showing 6111 to 6115 news of total 6871 |
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- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
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