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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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Tuesday, 06 July 10
KEPCO, POSCO BUY AUSTRALIAN COAL MINES - CHOSUN
Chosun reported that, Electricity monopoly KEPCO and steelmaker POSCO have both bought coal mines in Australia.
KEPCO signed a 400 million Austra ...
Tuesday, 06 July 10
SHENHUA GROUPS 2013 PROFIT MAY EXCEED $15 BILLION - BUSINESS WEEK
Business Week reported that, Shenhua Group Corp., China’s biggest coal producer, expects profit to exceed 100 billion yuan ($15 billion) by 20 ...
Friday, 02 July 10
SARDA ENERGY TO ACQUIRE COAL MINES IN INDONESIA
India Info Line reported that, Sarda Energy & Minerals Ltd has announced that the authorities in Indonesia have granted the Environment Cle ...
Friday, 02 July 10
DRY BULK MARKET ON A FREEFALL, REACHING ITS LOWEST IN 9 MONTHS
The Baltic Dry Index is off to break more negative records this week, as the dry bulk shipping industry’s main benchmark has failed to find ro ...
Friday, 02 July 10
PROPOSED MINERAL RESOURCE RENT TAX - PRESS RELEASE (2)
Press Release: BHP Billiton, Rio Tinto and Xstrata said today that they are encouraged by the Federal Government’s announcement that it propos ...
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Showing 5741 to 5745 news of total 6871 |
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- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Planning Commission, India
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
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