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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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Monday, 15 March 10
CIL BOARD CLEARS 10 PROPOSALS FOR STRATEGIC PARTNERSHIP OR JVS
Economic Times reported that, Towards achieving a global footprint, state-owned Coal India (CIL) is eyeing strategic partnership or joint ventures w ...
Sunday, 14 March 10
CHINESE COAL PRICE MAY RISE TO TRADE NEAR SPOT, MACQUARIE SAYS
Bloomberg reported that, Steel mills in China, the world’s biggest producer of the alloy, may pay more for domestic coking coal this year as d ...
Saturday, 13 March 10
INDONESIA COAL EXPORTS DROP IN FEBRUARY
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons in January 2010 which fell slightly to 22.89 mln ton of coal i ...
Saturday, 13 March 10
INDONESIA TELLS BUKIT ASAM TO DITCH PARTNER IN SUMATRA RAILWAY UNLESS PROJECT STARTS
The Jakarta Globe reported that, the Indonesian government has urged state-owned miner PT Tambang Batubara Bukit Asam to look for new partners to he ...
Saturday, 13 March 10
OPTIMUM COAL AIMS TO RAISE R1,6 BILLION IN LISTING
All Africa reported that, COAL mining and exploration company Optimum Coal yesterday announced plans to list on the JSE at the end of the month ...
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Showing 5941 to 5945 news of total 6871 |
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- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- The University of Queensland
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- PTC India Limited - India
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Jindal Steel & Power Ltd - India
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
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