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Saturday, 29 May 10
FREIGHT MARKET SEEMS TO BE STABILIZING - CAPT. REDDY
COALspot.com: The week was clearly for Cape which went up by almost 21 pct . The BDI was up only by 6 pct.
The other sectors were under pressure and the Panamax/Supramax and Handy size index was down by 7.19 pct , 3.65 pct and 2.57 pct respectively. The market seems to be stabilizing and the firmness which was seen in the Panamax and Supramax sector for last couple of weeks has weakened.
"Overall with the financial markets in turmoil the market has been very unsteady. It appeared that the cargo stems out of Indonesia and Australia were less", said Capt. Reddy, MD of Vistaar Shipping, Singapore.
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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4078
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3844
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234 ↑
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6.09
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Baltic Cape Index
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5217
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4317
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900 ↑
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20.85
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Baltic Panamax Index
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4247
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4576
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329 ¯
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-7.19
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Baltic Supra Index
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2982
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3095
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113 ¯
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-3.65
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Baltic Handy size Index
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1477
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1516
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39 ¯
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-2.57
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As of 28 May 2010
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The average charter hire was at Cape/US$ 57,095 per day, Panamax/ US$ 34,083 per day, Supramax/ US$ 31,176 per day and Handy size/ US$ 21,408 per day.
The Supramax index in the Fareast (S6 route) was down by US$ 696 per day and closed at US$ 26,234 per day. The ECI/China (S7) route softened by US$ 4,179 per day and closed at US$ 27,200 per day and is likely to soften further.
The futures for three years (2010-2012) was at around Cape/ US$ 32,000 per day, Panamax/ US$ 21,500 per day, Supramax/ US$ 19,000 per day, Handy size/ US$ 14,000 per day.
The congestion in EC Australian ports was at 128 vessels this week (last week 117 vessels ). The vessels waiting at main coal loading ports were at Hay point/14, DBCT/63, Gladstone/11, Abbot Point/Nil, New Castle/16 vessels, Port Kembla /1 vessel. On the WC Australia iron ore vessels waiting increased to 42 vessels (last week 26 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days except that congestion starting to increase at Visakhapatnam and Haldia in addition to Paradip.
The Brent crude prices was slighlty up at US$ 74.14 per barrel (last week US$ 71.72 per barrel). The prices of bunkers was quite soft during later part of the week and closed at US$421 pmt (IFO 380 CST ex. Singapore) on 28th May 2010.
CLICK HERE for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
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Monday, 28 June 10
REVISIONS SHOULD AIM MINERAL AND COAL LAW
VIVAnews reported that, the Consortium of Mineral, Coal and Geothermal-Producing Regional Governments (Minerbapabum) is asking the government to per ...
Monday, 28 June 10
MEC TO INK COAL-EQUITY SWAP DEALS WITH POWER PROJECTS
Business Line reported that, First it was power producers moving to pick up stakes in coal mining projects to ensure the raw material supplies.
N ...
Monday, 28 June 10
COLOMBIA WILL LIKELY EXPORT 80 MILLION TONNES OF COAL IN 2010
Best Colombia reported that, Mr Hernan Martinez energy and mines minister of Colombia told reporters that Colombia will likely export 80 million ton ...
Monday, 28 June 10
WESFARMERS' SEPT QTR COAL PRICE UP 11% - SMH
SMH reported that, Wesfarmers Ltd says it expects a 11 per cent increase in prices for metallurgical coal from its Curragh mine in Queensland in the ...
Saturday, 26 June 10
THE SUPRAMAX INDEX FOR S6 ROUTE WAS UP BY US$ 1091 PER DAY OR 5.7 PERCENT D-O-D -- VISTAAR
COALspot.com: The market appears to be steadying with all indices almost stabilizing and the drop much less than last two weeks.
The BDI softened ...
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Showing 5756 to 5760 news of total 6871 |
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- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- The University of Queensland
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
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