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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 April 10
COAL INDIA NEARS PORT DEAL WITH VIZAG STEEL - DNA
DNA India reported that, Coal India Ltd (CIL), the country’s largest coal producer, is close to signing a deal to acquire space at Vizag Steel ...
Sunday, 25 April 10
THE WAITING AT INDIAN PORTS FOR COAL VESSELS WAS QUITE NORMAL - VISTAAR
COALspot.com: The BDI remained unchanged this week and all other sectors also the change was not much.
The cape index continued to move up and wa ...
Saturday, 24 April 10
NTPC TO BUY COAL MINES IN KAZAKHSTAN - TELEGRAPH INDIA
Telegraph India reported that, NTPC Ltd plans to acquire coal mines and operate two thermal power plants in Kazakhstan.
“We are exploring t ...
Saturday, 24 April 10
CHINA'S COAL IMPORTS DOUBLE IN MARCH
China's General Administration of Customs said that the country imported 15.22 million tons of coal last month, more than double the amount it impo ...
Friday, 23 April 10
KPCL EYES MINE IN INDONESIA - BUSINESS STANDARD
Business-Standard reported that, Karnataka Power Corporation Ltd (KPCL), the state-owned power generator, is exploring the possibility of acquiring ...
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Showing 5861 to 5865 news of total 6871 |
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- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Romanian Commodities Exchange
- Minerals Council of Australia
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- The University of Queensland
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
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