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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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Wednesday, 27 January 10
PEABODY ENERGY EYES 'RED HOT' ASIAN COAL DEMAND
US miner Peabody Energy has seen already-strong Asian markets become “red hot”, as demand for metallurgical and thermal coal strains sup ...
Wednesday, 27 January 10
KOLKOTTA BASED POWER UTILITY CESC LOOKING FOR 100,000 MT OF COAL FOR MAY & JUNE DELIVERY
COALspot.com (India): Kolkotta based power utility CESC, the flagship company of the diversified RPG group of India, has issued a closed tender to b ...
Tuesday, 26 January 10
FREIGHT COST ERODES INDIA CEMENTS NET
"Freight cost increased from an average of around 14% of sales in the previous quarters to around 20% in the third quarter"
The Decembe ...
Tuesday, 26 January 10
VITOL BUYS EXPORT SPACE AT COLOMBIA SANTA MARTA PORT
Global energy trader Vitol has signed a four-year deal to take export capacity at Colombia's 3 million tonnes a year Carbonsan port in Santa Marta, ...
Tuesday, 26 January 10
AUSTRALIAN FIRM TO MINE COAL IN WEST BENGAL
India Resources Ltd (IRL), a mining firm listed on the Australian Stock Exchange, has decided to enter into contract mining of coal in
India ...
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Showing 6051 to 6055 news of total 6871 |
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- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Mercator Lines Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- The University of Queensland
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
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