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Sunday, 07 March 10
SHIPS WERE FIXED AT AROUND US$ 16,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - CAPT. REDDY
COALspot.com: The freight market was quite buoyant this week and BDI was up by 18 pct . The Cape index up by 23.60 pct and Panamax index was up by 17.76 pct.
BDI
The Supramax and Handy size index was up by about 8 pct and 9 pct respectively. The effect of Chinese back from holidays was seen this week. However it was noticed that the Supramax and Handymax were struggling to find cargoes and ships were fixed at around US$ 16,000 per day for trip via Indonesia to India.
Quite a few period activity was reported on the cape and Panamax vessels.
BDI (Baltic dry index changes (As of 5 March 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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3242
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2738
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504 ↑
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18.40
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Baltic Cape Index
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3923
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3174
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749 ↑
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23.60
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Baltic Panamax Index
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4003
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3399
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604 ↑
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17.76
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Baltic Supra Index
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2472
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2288
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184 ↑
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8.04
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Baltic Handy size Index
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1258
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1153
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105 ↑
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9.10
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The average charter hire was at Cape US$ 37,804 per day, Panamax US$ 32,199 per day, Supramax US$ 25,844 per day and Handy size US$ 18,426 per day.
The supramax index in the Fareast (S6 route) was firm and was by US$ 2,580 per day (up by 13.20 pct) and closed at US$ 22,120 per day. The ECI/China (S7) route continued to remain firm and was up by US$ 2,958 per day (up by 6.10 pct) and closed at US$ 35,677 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) was at around Cape US$ 30,000 per day, Panamax US$ 21,500 per day, Supramax US$ 18,500 per day, Handy size US$ 14,000 per day.
There is no indication of slowing sown of iron and coal imports by China and market expected to remain firm next week.
PORT CONGESTION
The congestion at Australian ports in the EC for coal loading continued to be on the rise at 151 vessels (last week 150 vessels). The weather seems to be improving , however the affect of bad weather previously continues. The number of vessels waiting at DBCT and Newcastle was around 60 vessels. The waiting at DBCT was around 30 days , Hay point - abt 10 days and Gladstone about 12-16 days and Newcastle about 16 days. On the WC Australia iron ore vessels waiting was at at 20 vessels (last week 23 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days , except for Paradip and Haldia which are congested. Waiting at Paradip is about 7/8 days. The Indonesian anchorages loading also have been experiencing heavy delays due to logistics and several ships have been waiting for quite long.
CRUDE OIL
The crude prices was firm and the Brent crude prices closed at US$ 80.11 per barrel (last week US$ 77.65 per barrel). The prices of bunkers also was up at US$ 462 pmts (IFO 380 CST ex. Singapore) on 5th March 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, 20 March 10
NO MAJOR CHANGES ON SUPRAMAX MARKET FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: “The dry bulk freight market continued to be firm on the Panamax and Supramax and Handy size vessels”, said Capt. Reddy MD ...
Friday, 19 March 10
COAL INDIA TO HIT CAPITAL MARKETS IN JULY
India’s largest coal producer, Coal India Ltd (CIL), expects to hit the capital markets by July, company chairman Partha S. Bhattacharyya said ...
Thursday, 18 March 10
COAL IMPORTS SOAR IN NANTONG PORT OF JIANGSU PROVINCE CHINA
BloombergUTV reported that, Coal imports at Nantong Port, located in coastal China's Jiangsu Province, soared 13 times to 581,000 tonnes in the fir ...
Thursday, 18 March 10
INNER MONGOLIA TO CAP COAL OUTPUT AT 700 MLN TONS IN 2010
Alibaba / China Knowledge reported that, Inner Mongolia, China's northern border autonomous region, plans to control coal output at 700 million ton ...
Thursday, 18 March 10
THE INDIAN MARKET WAS QUIET, BUT BECAUSE OF THE TIGHT TONNAGE SITUATION STILL FIRM - FEARNLEYS AS
Handy
Activity continues to be solid in the Atlantic.
Supramax physical market is strong which pushed the BSI to a 17 month high at ...
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Showing 5931 to 5935 news of total 6871 |
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- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Australian Coal Association
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
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