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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, 20 January 11
DRY BULK MARKETS FALL SEES NO END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Pundits indicating that the dry bulk market’s sentiment remains weak were justified, as the industry’s benchmark, the Baltic Dry Index ( ...
Wednesday, 19 January 11
DRY BULK MARKET HAS BOTTOMED OUT, AS WEATHER IN AUSTRALIA DIALS DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has finally halted its plunge, after a devastating week of yet more losses. The industry’s benchmark, the Baltic Dry Index ...
Tuesday, 18 January 11
MINISTRY SEEKS COAL FROM INDONESIA - SUNDAY OBSERVER
Sunday Observer reported that, Ministry of Power and Energy is to explore the possibilities of importing quality coal from Indonesia.
Minister Pa ...
Tuesday, 18 January 11
DRY BULK MARKET HAS BOTTOMED OUT, AS WEATHER IN AUSTRALIA DIALS DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has finally halted its plunge, after a devastating week of yet more losses. The industry’s benchmark, the Baltic Dry Index ...
Sunday, 16 January 11
STANCHART GLOBAL RESEARCH SEES COAL PRICE RISING ON SUPPLY DISRUPTION - BURSA MALAYSIA MARKET NEWS
Bursa Malaysia Market News reported that, Standard Chartered Global Research has upgraded its 2011 forecasts for global thermal coal prices based on ...
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Showing 5421 to 5425 news of total 6871 |
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- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- White Energy Company Limited
- Central Electricity Authority - India
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
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