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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, 07 January 10
INDONESIAS COAL OUTPUT MAY RISE TO 309 MILLION TONS IN 2014 - BLOOMBERG
Indonesia’s coal production may rise to 309 million tons by 2014 from an estimated 250 million tons this year, Bambang Setiawan, director-gene ...
Wednesday, 06 January 10
RICHARDS BAY SAYS 46% OF COAL EXPORTS WENT TO EUROPE
Richards Bay Coal Terminal, through which almost all of South Africa’s coal exports are routed, said 46 percent of the coal it exported in 200 ...
Wednesday, 06 January 10
CHINA-AUSTRALIA INVESTMENT TIES SEEN IMPROVING IN 2010
Australia and China showed a united front in a bid to improve investment ties as they signed a $3-billion coal deal on Wednesday, following a rocky ...
Wednesday, 06 January 10
INVESTMENT IN MINING TO TOP $2.5B IN 2010
The government plans to invest US$2.5 billion in the mining sector, an official said Tuesday.
Bambang Setiawan, the director general of mineral r ...
Wednesday, 06 January 10
SAS 2009 COAL EXPORTS THROUGH RBCT FLAT AT 61MT
Exports through South Africa’s Richards Bay Coal Terminal (RBCT) remained flat in 2009, as the terminal faced “critical business challen ...
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Showing 6111 to 6115 news of total 6871 |
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- The University of Queensland
- Global Business Power Corporation, Philippines
- Planning Commission, India
- White Energy Company Limited
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Australian Coal Association
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
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