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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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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 ...
Tuesday, 02 March 10
INDONESIA'S PROTECTED FORESTS NOW OPEN TO DEVELOPMENT
The Jakarta Globe reported that, President Susilo Bambang Yudhoyono has signed a decree to allow mining, power plants and other projects deemed stra ...
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Showing 5961 to 5965 news of total 6871 |
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- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
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