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Saturday, 20 February 10
THE FREIGHT MARKET CONTINUED TO BE SOFT THIS WEEK - CAPT. REDDY
 COALspot.com: The freight market continued to be soft this week as still affect of Chinese new year holidays continue. However the index overall had gone up and the charter rates was up. Spot Supramax vessel opening far east were seen getting around US$ 14,000 per day and for short period around US$ 22,000 per day.
Handy size vessels in the far east were seen fixed around US$ 10/11000 per day. The cargoes out of Indonesia were very few and congestion was seen at most of the Indonesian ports. Even in Australia the loading has been affected due to bad weather.
Baltic dry index changes (As of 19 Feb 2010).
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BALTIC DRY INDEX CHANGE
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This week
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Last week
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Change
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Change %
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Baltic Dry Index
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2714
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2571
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143 ↑
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5.56
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Baltic Cape Index
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3517
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3259
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258 ↑
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7.92
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Baltic Panamax Index
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3179
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3028
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151 ↑
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4.98
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Baltic Supra Index
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2077
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2048
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29 ↑
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1.42
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Baltic Handy size Index
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1055
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1038
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17 ↑
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1.64
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The average charter hire was at Cape US$ 32,918 per day, Panamax US$ 25,579 per day, Supramax US$ 21,720 per day and Handy size US$ 15,441 per day.
The Supramax index in the far east (S6 route) firmed up slightly and was up by US$ 882 per day and closed at US$ 15,880 per day. Next week expected to go up further.
The ECI/China (S7) route moved up sharply and closed at US$ 26,950 per day. Ships from WC India to china were seen being fixed at healthy levels at around US$ 35,000 per day.
Supramax charter rates for one year is around US$ 19,000 per day.
THREE YEARS FUTURE
The futures for three years (2010-2012) remained unchanged and was at around Cape US$ 29,000 per day, Panamax US$ 19,000 per day, Supramax US$ 16,000 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 143 vessels (last week 148 vessels). The congestion increased due to bad weather and some shippers declaring force majeure. 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 24 vessels (last week 22 vessels). The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
CRUDE OIL
The crude prices firmed up this week and the Brent crude prices was up by almost US$ 6 per barrel and closed at US$ 78.37 per barrel (last week US$ 72.90 per barrel). The prices of bunkers also was up at US$ 450 pmts (IFO 380 CST ex Singapore) on 19th Feb 2010.
FREIGHT FORECAST
CLICK HERE for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
VISTAAR SHIPPING, SINGAPORE
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Saturday, 13 March 10
OPTIMUM COAL AIMS TO RAISE R1,6 BILLION IN LISTING
All Africa reported that, COAL mining and exploration company Optimum Coal yesterday announced plans to list on the JSE at the end of the month ...
Thursday, 11 March 10
THE INDIAN MARKET WAS A BIT QUIET BUT STILL FIRM - FEARNLEYS AS
Handy - Atlantic activity has kept its firm tendency throughout the week for handies, with Atlantic RV´s fixed in the USD.16000 region. With s ...
Thursday, 11 March 10
COAL PRICES SET TO RISE AMID CONFUSION OVER QUARTERLY SYSTEM
Trading room reported that, Coal prices are tipped to rise in coming months amid constrained supply and ongoing Chinese demand, and analysts are con ...
Wednesday, 10 March 10
PROTECTED FORESTS NOW UP FOR GRABS FOR MINING
The Jakarta Post reported that, the government has just issued two new regulations on forests, which could allow protected forests to be used for co ...
Tuesday, 09 March 10
REGULATION NO.23 OF 2010 CONCERNING IMPLEMENTATION OF NEW MINING LAW, PROVIDES MORE CLARITY ON OBTAINING A IUP
COALspot.com: Indonesian government has recently issued another regulation related to Law number 4 of 2009 concerning mineral and coal mining. Two r ...
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Showing 5946 to 5950 news of total 6871 |
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- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Australian Coal Association
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
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