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Sunday, 14 March 10
THERE IS NO INDICATION OF SLOWING DOWN OF IRON ORE AND COAL IMPORTS BY CHINA - VISTAAR SINGAPORE
 COALspot.com: The dry bulk freight market continued the upward trend and the BDI closed 8.14 pct this week.
The Cape index up by 10.32 pct and Supramax index was up by 10.47 pct. The Panamax and Handy size was up by 4.34 pct and 6.35 pct respectively. The Supramax opening Fareast seemed to be getting healthy rates and have been reported fixed on time charter around mid/high 20's.The freight rate of coal from Indonesia to India and China was up by almost about 8-10 pct.
BDI (Baltic dry index changes)
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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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3506
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3242
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264 ↑
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8.14
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Baltic Cape Index
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4328
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3923
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405 ↑
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10.32
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Baltic Panamax Index
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4177
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4003
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174 ↑
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4.34
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Baltic Supra Index
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2731
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2472
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259 ↑
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10.47
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Baltic Handy size Index
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1338
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1258
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80 ↑
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6.35
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As of 12 March 2010
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The average charter hire was at Cape US$ 41,877 per day, Panamax US$ 33,587 per day, Supramax US$ 28,561 per day and Handy size US$ 19,558 per day.
The Supramax index in the Fareast (S6 route) was firm and was by US$ 1,860 per day (up by 8.40 pct) and closed at US$ 23,980 per day. The ECI/China (S7) route continued to remain firm and was up by US$ 1,040 per day (up by 2.91 pct) and closed at US$ 36,717 per day.
Ships from WC India to china continued to be fixed at healthy levels at around US$ 38/40,000 per day and some vessels have ballasted from EC India to WC India.
THREE YEARS FUTURE
The futures for three years (2010-2012) was at around Cape US$ 31,000 per day, Panamax US$ 22,500 per day, Supramax US$ 18,500 per day, Handy size US$ 14,500 per day.
There is no indication of slowing down of iron ore and coal imports by China and market expected to remain firm next few weeks.
PORT CONGESTION
The congestion at Australian ports in the EC for coal loading continued to be on the same at 151 vessels (last week 151 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 20 vessels). The bad weather continues in Queensland and all four berths were closed for loading at Hay point.
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 port also continued to experience delays.
CRUDE OIL
The crude prices was almost at same levels as last week and the Brent crude prices closed at US$ 79.26 per barrel (last week US$ 80.11 per barrel). The prices of bunkers was at US$ 461 pmts (IFO 380 CST ex.Singapore) on 12th 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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Wednesday, 31 March 10
COAL INDIA MULLS JOINT VENTURE WITH RIO TINTO AND PEABODY - DNA
DNA reported that, Coal India Ltd. (CIL) has finalised two key contenders for its international joint venture (JV) in Australian and US each. The co ...
Wednesday, 31 March 10
DRY BULK MARKET STILL MODERATELY FALLING, BUT POSITIVE SIGNS APPEAR ON THE HORIZON - HELLENIC SHIPPING
The irregularities of the current dry bulk market have been more than evident in the fact that panamax vessels today earn more than their larger cap ...
Wednesday, 31 March 10
INDIKA ENERGYS PROFIT HIT BY FOREX LOSS AND CABOTAGE - THE JAKARTA GLOBE
The Jakarta Globe reportd that, PT Indika Energy posted a 30 percent drop in 2009 net profit due to a foreign exchange loss and impairment of intang ...
Wednesday, 31 March 10
ITMG TO UP COAL OUTPUT DESPITE PERMIT PROBLEMS - THE JAKARTA POST
The Jakarta Post reported that, the country’s third largest coal producer PT Indo Tambang Raya Megah (ITMG) said it can raise output although ...
Tuesday, 30 March 10
ANALYST SEES BDI LIFT, SUGGESTS DRY BULK SHORT SQUEEZE
Analysts at Credit Suisse are bullish on Diana and see a potential short squeeze elsewhere in the sector. The Baltic Dry Index (BDI) -- an industry ...
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Showing 5911 to 5915 news of total 6871 |
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- Indogreen Group - Indonesia
- Australian Coal Association
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- PTC India Limited - India
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Africa Commodities Group - South Africa
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
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