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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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Sunday, 20 June 10
OUR COAL: ITS DEVELOPMENT AND CONTROVERSIAL ISSUES
Indonesia’s production of coal has been growing amazingly. In the mid 1980s, national coal production was less than 1 million tons per annum, ...
Saturday, 19 June 10
STRONG DEMAND, RISING PRODUCTION SETTING SCENE FOR COAL BONANZA - THE JAKARTA GLOBE
The Jakarta globe rerported that, As the nation’s coal miners enjoy burgeoning demand from energy-hungry economies such as China and India, th ...
Saturday, 19 June 10
DRY BULK MARKET DOWN ON CHINESE SLOWDOWN FEARS
Dry bulk freight rates have been on a freefall for more than two weeks now, something which has caused the industry’s benchmark, the Baltic Dr ...
Saturday, 19 June 10
COAL INDIA KEEN ON BLOCK DEVELOPMENT IN INDONESIA - THE HINDU BUSINESS LINE
Expanding horizon
Agreement by the Indonesian Government is likely to help CIL gain foothold in India's largest sourcing point of thermal coal.
...
Friday, 18 June 10
THE PANAMAX MARKET CONTINUED ITS SOFTENING TREND - FEARNBULK
Handy
Flat Atlantic markets with most markets in ´slow mode´ due to holidays in China.
Supramax vessels open in the USG are achievi ...
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Showing 5771 to 5775 news of total 6871 |
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- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Central Electricity Authority - India
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Parliament of New Zealand
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Planning Commission, India
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
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