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Sunday, 28 February 10
SUPRAMAX CHARTER RATES FOR ONE YEAR IS AROUND US$ 19,000/20,000 PER DAY - VISTAAR SINGAPORE
 COALspot.com : The freight market firmed up by almost 10 pct on Supramax and Handy size and about 7 pct on Panamax.
However it was interesting to see Cape Index down by almost 10 pct. The BDI had just increased by 24 points last week. Spot Supramax vessel opening far east were seen getting around US$ 18/19,000 per day and for short period around 24,000 per day. This week most owners were keen to fix on period to take advantage of the firm market sentiment.
The average charter hire was at Cape US$ 28,378 per day, Panamax US$ 27,326 per day, Supramax US$ 23,927 per day and Handy size US$ 16,872 per day.
BDI (Baltic dry index changes (As of 26 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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2738
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24 ↑
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0.88
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Baltic Cape Index
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3174
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343 ¯
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9.75
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Baltic Panamax Index
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3399
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220 ↑
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6.92
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Baltic Supra Index
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2288
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211 ↑
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10.16
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Baltic Handy size Index
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98 ↑
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9.28
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The Supramax index in the far east (S6 route) was quite firm and was by US$ 3,660 per day (up by 23 pct) and closed at US$ 19,540 per day. Next seems will also be firm at least beginning of the week. The ECI/China (S7) route moved up quite sharply and was up by US$ 6,667 per day (up by 25 pct) and closed at US$ 33,617 per day. Ships from WC India to china were seen being fixed at healthy levels at around US$ 38/40,000 per day.
Supramax charter rates for one year is around US$ 19,000/20,000 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$ 20,000 per day, Supramax US$ 17,000 per day, Handy size, US$ 13,000 per day.
Iron ore and coal imports by China is continuing to be strong and is expected to keep the freight market firm. The coal import by India also is strong and will continue to increase.
PORT CONGESTION
The congestion at Australian ports in the EC for coal loading continued to be on the rise at 150 vessels (last week 143 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 7-10 days and Newcastle about 16 days. On the WC Australia iron ore vessels waiting was same as last week at 23 vessels (last week 24 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
CRUDE OIL
The crude prices was almost stable and the Brent crude prices closed at US$ 77.65 per barrel (last week US$ 78.37 per barrel). The prices of bunkers also was up at US$ 455 pmts (ifo 380 cst ex Singapore) on 26th 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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Thursday, 04 March 10
BANPU KEEPS JORONG OUTPUT AT 2M TONNES
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is maintaining an output target of 2 million tonnes this year from its Jorong mi ...
Thursday, 04 March 10
THE INDIAN MARKET WAS STILL STRONG - FEARNRESEARCH
HANDY
Activity has gradually improved in the Atlantic throughout the week. All areas&n ...
Thursday, 04 March 10
GLOBAL COAL PRICES GETS SUPPORT FROM EM DEMAND
Commodity Online reported that, AP12 coal prices look well supported in 2010 thanks to positive outlook for Chinese coal demand whereas coal demand ...
Thursday, 04 March 10
THREE NEW GLOBAL PRICES INDEXES FOR COKING COAL
Commodity Online reported that, On February 26, Energy Publishing Co. broke new ground in the coal-marketing industry when it began publishing three ...
Tuesday, 02 March 10
INDIA WAS AGAIN THE WINNER IN THE EAST, WITH SUPRAMAXES FIXING CLOSE TO US$40,000/DAY FROM THE WEST COAST
There was little movement in the BDI this week but behind the scenes, the Supramax and Handy size segments posted significant gains, correcting the ...
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Showing 5961 to 5965 news of total 6871 |
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- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- MS Steel International - UAE
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- PTC India Limited - India
- Commonwealth Bank - Australia
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
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