We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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)
|
|
BALTIC DRY INDEX CHANGE
|
|
|
This week
|
Last week
|
Change
|
Change %
|
|
Baltic Dry Index
|
4078
|
3844
|
234 ↑
|
6.09
|
|
Baltic Cape Index
|
5217
|
4317
|
900 ↑
|
20.85
|
|
Baltic Panamax Index
|
4247
|
4576
|
329 ¯
|
-7.19
|
|
Baltic Supra Index
|
2982
|
3095
|
113 ¯
|
-3.65
|
|
Baltic Handy size Index
|
1477
|
1516
|
39 ¯
|
-2.57
|
|
As of 28 May 2010
|
|
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$421 pmt (IFO 380 CST ex. Singapore) on 28th May 2010.
CLICK HERE for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 28 May 10
INDIAS NEYVELI LIGNITE EYEING INDONESIA, SOUTH AFRICA COAL MINES
Integrated mining and power producer Neyveli Lignite Corporation Thursday said it is exploring possibilities for buying coal mines in Indonesia and ...
Friday, 28 May 10
ADARO ACQUIRES 25% ICP AT US$ 335 MIO
Indonesia's second largest thermal coal miner PT Adaro Energy Tbk (ADRO) today announces formation of new joint venture for Indonesian Coal Project ...
Thursday, 27 May 10
KPCL IS LOOKING FOR 0.50 MLN TON TO IMPORTED STEAMING COAL FOR RAICHUR THERMAL POWER STATION
COALspot.com: KARNATAKA POWER CORPORATION LIMITED, India invited from reputed parties meeting the pre qualifications stipulated for the import ...
Thursday, 27 May 10
TNPL TO BUY 0.240 MLN TON NON-COKING COAL FOR SECOND HALF OF 2010
COALspot.com: Tamil Nadu Newsprint and Papers Limited (TNPL), would like to procure 0.24 mln MT of imported Non-Coking Coal in 6 Shipments of about ...
Thursday, 27 May 10
DRY BULK RATES REACH 2010 HIGHS, BUT FUTURE REMAINS UNCERTAIN
This week is proving to be a milestone for the dry bulk market, as the Baltic Dry Index has propelled itself at never before seen levels for 2010. Y ...
|
|
|
Showing 5806 to 5810 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
|
| |
| |
|