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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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Thursday, 16 June 11
BOOSTING THE USE OF LOW CARBON ENERGY FOR A BETTER WORLD
Bali, Indonesia host of world renewable energy congress – Indonesia, international conference & exhibition on renewable energy and energy ...
Thursday, 16 June 11
FREIGHT MARKET FAILS TO RECOVER - DREWRY / HELLENIC SHIPPING
With demand failing to improve enough to contain the colossal increases in supply, the dry bulk freight market stayed near the dreadfully low levels ...
Thursday, 16 June 11
VALLAR CONTROLS 84.7 PERCENT STAKE IN BERAU COAL - INSIDER STORIES
Insider Stories reported that, London-based investment company Vallar Plc, via its subsidiary dubbed Vallar Investments UK Limited, today announced ...
Wednesday, 15 June 11
INDONESIA NEW COAL POLICY WORRIES INDIA POWER FIRMS - MYDIGITALFC
Tata Power, Adani group, Lanco Infratech and Reliance Power, among other Indian coal importers, are waiting to assess the impact of the Indonesian g ...
Wednesday, 15 June 11
BAYAN RESOURCES OWNS 56 PERCENT KANGAROO - INSIDER STORIES
Australia-listed coal miner Kangaroo Resources Limited (KRL) has obtained final approval from its shareholders to complete its US$277 million acquis ...
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Showing 5226 to 5230 news of total 6871 |
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- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- The University of Queensland
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
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