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Sunday, 13 June 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS AT AROUND CAPE/US$ 29000 PER DAY & PANAMAX/US$ 20500 PER DAY - VISTAAR
COALspot.com: The market continue to soften in all sectors and the most affected was cape size which was down by 16.32 pct. The BDI was down by 14.46 pct and closed at 3288 points.
“I will be interesting to see if the BDI would drop below 3000 points barrier”, said Capt. Reddy, an experienced ship operator in Singapore.
The Panamax and Supra max was also quite soft and was down by 13.33 pct and 12.08 pct respectively. The handy size index was down by 6.52 pct and closed at 1333 points. The downward trend seems to continue and seems next week also will be soft.
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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3288
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3844
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556¯
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-14.46
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Baltic Cape Index
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4276
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5110
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834¯
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-16.32
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Baltic Panamax Index
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3361
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3878
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517¯
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-13.33
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Baltic Supra Index
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2410
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2741
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331 ¯
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-12.08
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Baltic Handy size Index
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1333
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1426
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93 ¯
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-6.52
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As of 11 June 2010
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Spot vessels opening feast have been under pressure. However short period rates for supra max were fixed at US$ 22000 per day.
The average charter hire was at Cape/US$ 44244 per day, Panamax/US$ 27023 per day, Supramax/US$ 25201 per day and Handy size/US$ 19421 per day.
The supramax index in the Fareast (S6 route) was down by US$ 3696 per day and closed at US$ 20418 per day. The ECI/China (S7) route continued to softened and was down by US$ 2911 per day and closed at US$ 21131 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$ 29000 per day, Panamax/US$ 20500 per day, Supra max/US$ 17500 per day, Handy size/US$ 14000 per day.
The congestion in EC Australian ports was at 113 vessels this week (last week 118 vessels ). The vessels waiting at main coal loading ports were at Hay point/11, DBCT/53, Gladstone/6, Abbot Point/Nil, New Castle/42 vessels, Port Kembla/1 vessel. On the WC Australia iron ore vessels waiting was down to 27 vessels (last week 27 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days, however Paradip and Haldia was getting congested.
The Brent crude prices was up at US$ 74.72 per barrel (last week US$ 71.71 per barrel). The bunker prices was at US$ 439.50 pmt (ifo 380 cst ex Singapore) on 11th 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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Friday, 05 August 11
RIO TINTO SIGNS MOU WITH JINDAL STEEL AND POWER ON ADVANCING HISMELT TECHNOLOGY
Press Release - Rio Tinto has signed a Memorandum of Understanding (MoU) with Jindal Steel and Power Limited (JSPL) to take the next step in g ...
Friday, 05 August 11
THE WORLDS LARGEST COAL MINER TO INVEST IN INDO MINES
COALspot.com - Golden Energy Mines (GEMS) might go for initial public offering (IPO) by the end of September 2011. The company is planning to off lo ...
Friday, 05 August 11
DRY BULK MARKET FINALLY TAKES A BREATHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market at last caught a break mid-week after a constant fall which saw the industry’s benchmark, the BDI (Baltic Dry Index) falli ...
Thursday, 04 August 11
THE HBA CONTINUES TO FALL IN AUGUST
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the August 2011 coal reference price at US$ 117.21 per ton slightly low ...
Wednesday, 03 August 11
DEWA RETURNS TO US$2.65 MIO NET PROFIT - INSIDER STORIES
Coal mining contractor PT Darma Henwa Tbk (DEWA), that most of its revenue is contributed by Kaltim Prima Coal and Arutmin Indonesia, returned to ne ...
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Showing 5156 to 5160 news of total 6871 |
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- MS Steel International - UAE
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
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