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