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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, 24 May 10
PAMA TO CLOSE COALS ACQUISITION IN 2010
Insider Stories reported that, Indonesia's largest coal mining contractor PT Pamapersada Nusantara, subsidiary of PT United Tractors Tbk (UNTR), wi ...
Sunday, 23 May 10
SINGARENI LEVIES PREMIUM TO BALANCE COAL DEMAND - BUSINESS STANDARD
Business-Standard reported that, In view of the rising demand for coal, Singareni Collieries Company Limited has recently levied a premium on c ...
Saturday, 22 May 10
THE BRENT CRUDE PRICES WAS SHARPLY DOWN AT US$ 71.72 PER BARREL - VISTAAR SHIPPING
COALspot.com: The freight market was under pressure with the caps size index down by 10 pct with uncertainty in Europe crisis continuing.
The BD ...
Saturday, 22 May 10
PORT CONGESTION IN AUSTRALIA HELPING RATES CHINA COAL IMPORT BOOM TO CUSHION FREIGHT RATES
China's record coal imports this year will provide some support to freight rates but growing pressure from fleet oversupply is set to limit gains. ...
Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delive ...
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Showing 5821 to 5825 news of total 6871 |
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- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- PTC India Limited - India
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Economic Council, Georgia
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
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