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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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Friday, 04 December 09
CHINA'S COAL IMPORTS PREDICTED TO DECLINE IN 2010
China's eye-catching coal import figure s are unlikely to extend into 2010 given the predicted narrow-down of the coal price spread between the hom ...
Friday, 04 December 09
SUBHASH PROJECTS BEGINS MINING AT INDONESIAN COAL BLOCK
Kolkata-based infrastructure company Subhash Projects and Marketing (SPML) has begun mining at its coal block in Indonesia and will begin despatchin ...
Friday, 04 December 09
DRY BULK MARKET IS ON THE RISE AGAIN
Proving rather resilient, compared to previous behaviors, the dry bulk market has been on a rebound mode once again, after a two-week fall, which su ...
Friday, 04 December 09
INDONESIA'S BUMI EYES MARKETING DEAL FOR BERAU COAL
Reuters reported that, Indonesian coal miner PT Bumi Resources Tbk said on Thursday it is in talks to be the exclusive marketing agent for coal prod ...
Friday, 04 December 09
KALIMANTAN GOLD AGREES TO SELL IBP COAL CONCESSION
COALspot.com ( Press Release): Kalimantan Gold Corporation Limited ("KLG" or the "Company"), which undertook drilling and had an ...
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Showing 6201 to 6205 news of total 6871 |
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- PTC India Limited - India
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Parliament of New Zealand
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
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