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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, 21 January 10
HANDYMAX - SHORT PERIOD OWNERS IDEAS ARE AROUND MID/LOW 20S - FEARNLEYS AS
HANDY
The BSI moved in a downward direction since last Friday reflecting minor a ...
Thursday, 21 January 10
ASF GROUP TO COMMENCE COAL SALES TO CHINA BY FEBRUARY 2010
Sydney-based China energy and resource conduit, ASF Group has struck an agreement to supply coal to China.
In September 2009, ASF announced a ven ...
Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than ...
Thursday, 21 January 10
CABOTAGE POLICY POSTPONED
The Transportation Ministry has decided to postpone for one year the full enforcement of the cabotage principle – a maritime term for the proh ...
Thursday, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
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Showing 6066 to 6070 news of total 6871 |
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- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Kepco SPC Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- The University of Queensland
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
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