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Saturday, 03 July 10
THE FREIGHT MARKET CONTINUES TO BE UNCERTAIN - CAPT. REDDY
COALspot.com: The market continues to soften and the most affect sector was Panamax which was down by almost 20 pct and closed at 2447 points. The Cape index seemed to be bottoming and was only down by 90 points down by 3.31 pct.
The BDI was down by 8.83 pct and closed at 2,280 points. The Supramax and Handy size index was down by 5.98 pct and 5.41 pct respectively. The market continues to be uncertain, with the Atlantic market quite soft and almost same as the Feast market. In the Fareast/India segment , the iron movement from India is severely affected , partly due to monsoons but there seems to be slowing down of imports by China.
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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2280
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2501
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221¯
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-8.83
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Baltic Cape Index
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2617
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2717
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90 ¯
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-3.31
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Baltic Panamax Index
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2447
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3045
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598 ¯
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-19.63
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Baltic Supra Index
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1995
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2122
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127 ¯
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-5.98
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Baltic Handy size Index
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1118
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1182
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64 ¯
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-5.41
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As of 2 July 2010
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The average charter hire was at Cape/usd 23,469 pday, Panamax/usd 19,719 pday, Supramax/usd 20,862 pday and Handy size/usd 16,337 pday.
The Supramax index in the Fareast (S6 route) was down by usd 623 pday and closed at usd 19,586 pday. The ECI/China (S7) route softened by usd 875 pday and closed at usd 19,348 pday and seems both these routes are likely to soften further next week.
The futures for three years (2010-2012) was at around Cape/usd 27,000 pday, Panamax/usd 20,000 pday, Supramax/usd 17,500 pday, Handy size/usd 14,000 pday.
The congestion in EC Australian ports was at 116 vessels this week (last week 126 vessels ). The vessels waiting at main coal loading ports were at Hay point/8, DBCT/48, Gladstone/6, Abbot Point/2, New Castle/52 vessels, Pot Kembla/Nil vessel. On the WC Australia iron ore vessels waiting increased to 34 vessels (last week 28 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 Paradip.
The Brent crude prices was sharply down at usd 71.84 per barrel (last week usd 78.40 per barrel). The bunker prices was soft and IFO (380 prices) ex Singapore and was at usd 423 pmt (ifo 380 cst ex Singapore) on 2nd July 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, 08 July 10
KPCL RECEIVES 8 QUALIFIED BIDS TO SUPPLY 500,000 MT OF COAL
COALspot.com: Indian state utility KARNATAKA POWER CORPORATION LIMITED has opened price bid yesterday.
According to a participant, the quo ...
Thursday, 08 July 10
DRY BULK MARKET STILL PLUNGING, NOW STANDING AT 14 MONTH LOWS
The dry bulk shipping market’s demise isn’t over yet, as the industry’s main benchmark, the Baltic Dry Index (BDI) has been on a f ...
Wednesday, 07 July 10
MACQUARIE SEES CHINA COMMODITIES PRICE FALLS AND CUTBACKS AHEAD - MINEWEB
MineWeb reported that, The research arm of Australia's Macquarie Bank - one of the most reliable of China watchers - in its latest briefing on Chin ...
Wednesday, 07 July 10
COAL PRICES ON THE RISE
Caixin online reported that, China's domestic coal prices have seen a 26.2 percent year-on-year rise in May. Meanwhile, the volume of coal im ...
Tuesday, 06 July 10
INCREASE IN DRY BULK SPOT FIXTURES UNABLE TO BOOST RATES, LOSING STREAK CONTINUES
Yet another week began on a negative note for the dry bulk shipping market, with the Baltic Dry Index posting its 28th straight losing daily session ...
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Showing 5736 to 5740 news of total 6871 |
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- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Posco Energy - South Korea
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Latin American Coal - Colombia
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- White Energy Company Limited
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Australian Coal Association
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
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