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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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Thursday, 25 March 10
INDIAS MAHARASHTRA SEEKS TO IMPORT 3.35 MILLION TONS OF COAL - BLOOMBERG
Bloomberg reported that, Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, is seeking 3.35 m ...
Thursday, 25 March 10
THE INDIAN MARKET IS STILL FIRM - FEARNLEYS AS
Handy
A sluggish start to the week in the Atlantic with little fresh busin ...
Tuesday, 23 March 10
NINE COMPANIES WIN 20-YEAR COAL CONTRACTS - TEMPO
Tempo Interactive reported that, State Eletricity Company (Perusahaan Listrik Negara) revealed four joint ventures and one company winning coa ...
Monday, 22 March 10
INDONESIA`S MERUKH WINS US$3 BLN SWISS CONTRACT TO SUPPLY COAL - ANTARA
Antara Reported that, Indonesia's PT Merukh Enterprises said it has secured a 30-year contract to supply coal to Swiss buyer Glencore International ...
Monday, 22 March 10
INDIA TO IMPORT COLOMBIAN COAL FOR FIRST TIME AS DEMAND SURGES - BLOOMBERG
Bloomberg reported that, Adani Enterprises Ltd., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first t ...
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Showing 5926 to 5930 news of total 6871 |
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- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- PTC India Limited - India
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Petron Corporation, Philippines
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
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