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Sunday, 06 June 10
THE DOWNWARD TREND FOR S6 AND S7 ROUTE IS LIKELY TO CONTINUE NEXT WEEK - VISTAAR
 COALspot.com: "This seemed market heading for corrections with all sectors down", said, Capt. Reddy, MD of Vistaar Shipping Singapore, an experienced ship operator in Singapore.
Even though the cape index showed gains beginning of the week , but started to soften towards second half of the week and the index closed at 3,844 points down by 2.04 pct.
The BDI was down by 5.74 pct and closed at 3,844 points. The most affected was Panamax and Supramax category with indices softening by almost 8 pct and closed at 3,878 points and 2,741 points.
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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3844
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4078
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234 ¯
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-5.74
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Baltic Cape Index
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5110
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5217
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107 ¯
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-2.05
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Baltic Panamax Index
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3878
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4247
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369 ¯
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-8.69
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Baltic Supra Index
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2741
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2982
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241 ¯
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-8.08
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Baltic Handy size Index
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1426
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1477
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51 ¯
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-3.45
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As of 4 June 2010
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The handy size index was down by 3.45 pct and closed at 1,426 points. The market seems heading for some correction at least for the time being as the steel demand seems to be softening and having affect on iron ore demand. Spot vessels will willing to fix at low rates compared to previous weeks as there were not many firm orders out of Indonesia and Australia.
The average charter hire was at Cape/US$ 55,010 per day, Panamax/ US$ 31,118 per day, Supramax/ US$ 28,662 per day and Handysize/ US$ 20,703 per day.
The Supramax index in the Fareast (S6 route) was down by US$ 2,120 per day and closed at US$ 24,114 per day. The ECI/China (S7) route continued to softened and was down by US$ 3188 per day and closed at US$ 24,042 per day . The downward trend for S6 and S7 route is likely to continue next week also.
The futures for three years (2010-2012) was at around Cape/ US$ 31,000 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 118 vessels this week (last week 128 vessels ). The vessels waiting at main coal loading ports were at Hay point/12, DBCT/56, Gladstone/12, Abbot Point/Nil, New Castle/37 vessels, Port Kembla/1 vessel. On the WC Australia iron ore vessels waiting was down to 27 vessels (last week 42 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 to US$ 71.71 per barrel (last week US$ 74.14 per barrel). The was slightly firm this week and closed at US$ 443 pmt (ifo 380 cst ex Singapore) on 4th June 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, 26 July 10
CEMENT MAKERS EXPLORE NEW FUELS TO REPLACE COAL - ECONOMIC TIMES
Economic Times reported that, As the cement industry reels under high raw material costs and reduced coal linkages, companies are exploring alternat ...
Saturday, 24 July 10
INDONESIAS BUKIT ASAM H1 2010, SALES RAISED 10% TO 6.44 MILLION TONS
COALspot.com: PT Tambang Batubara Bukit Asam (PTBA), Indonesian state owned mining company’s H1 2010, sales raised 10% to 6.44 million tons. T ...
Saturday, 24 July 10
INDONESIAN COAL MINERS ARE REQUIRED TO SUPPLY 64.96 MLN TONS OF COAL TO DOMESTIC MARKET IN 2010
COALspot.com : Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree related to Domestic market obligation (DMO) for ...
Saturday, 24 July 10
THE BDI SEEMS TO BE RECOVERING AND WAS UP BY ABOUT 6 PCT - CAPT. REDDY
COALspot.com: "The BDI seems to be recovering and was up by about 6 pct this week after losing for almost last 7 weeks", said Capt. Reddy, ...
Saturday, 24 July 10
ANALYSIS - GROWTH IN VESSEL SUPPLY PRESSURES OCEAN FREIGHT RATES
It's common to use global shipping rate trends as a proxy of global economic health. If demand for goods and raw materials are strong, so should it ...
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Showing 5701 to 5705 news of total 6871 |
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- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Planning Commission, India
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- The University of Queensland
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
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