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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$421 pmt (IFO 380 CST ex. Singapore) on 28th May 2010.
CLICK HERE for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
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Thursday, 17 June 10
INDONESIAN COAL PRICE REFERENCE FOR JUNE IS US$ 97.22/TON UP 5.59 PERCENT
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has been publishing a monthly coal price reference (HBA) to be us ...
Thursday, 17 June 10
COAL EXPLORATION & DEVELOPMENTS HOTPOTS CONFERENCE
Press Release: The Coal Exploration and Developments Hotspots conference will bring together a panel of more than 20 of the world’s lead ...
Thursday, 17 June 10
AUSTRALIA'S LEIGHTON WINS $1.3 BILLION OF NEW WORK - THE JAKARTA POST
Australian construction and contract mining group Leighton Holdings Ltd. said Thursday it has won 1.5 billion Australian dollars ($1.3 billion) of n ...
Wednesday, 16 June 10
INDONESIAS STATE OWNED ELECTRICITY COMPANY WILL CONSUME 95.30 MILLION TONS OF COAL IN 2014
COALspot.com: Indonesia's state owned electricity company forecasted its coal requirement in 2014 would be around 95 million tons.  ...
Wednesday, 16 June 10
MADHYA PRADESH GOVT IMPORT 50K METRIC TONNES OF COAL FROM INDONESIA - DNA INDIA
DNA India reported that, the Madhya Pradesh government has imported 50,000 metric tonnes of coal from Indonesia to deal with its shortage which is a ...
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Showing 5776 to 5780 news of total 6871 |
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- The University of Queensland
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Planning Commission, India
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Australian Coal Association
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- White Energy Company Limited
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- VISA Power Limited - India
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
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