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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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Monday, 28 June 10
MEC TO INK COAL-EQUITY SWAP DEALS WITH POWER PROJECTS
Business Line reported that, First it was power producers moving to pick up stakes in coal mining projects to ensure the raw material supplies.
N ...
Monday, 28 June 10
COLOMBIA WILL LIKELY EXPORT 80 MILLION TONNES OF COAL IN 2010
Best Colombia reported that, Mr Hernan Martinez energy and mines minister of Colombia told reporters that Colombia will likely export 80 million ton ...
Monday, 28 June 10
WESFARMERS' SEPT QTR COAL PRICE UP 11% - SMH
SMH reported that, Wesfarmers Ltd says it expects a 11 per cent increase in prices for metallurgical coal from its Curragh mine in Queensland in the ...
Saturday, 26 June 10
THE SUPRAMAX INDEX FOR S6 ROUTE WAS UP BY US$ 1091 PER DAY OR 5.7 PERCENT D-O-D -- VISTAAR
COALspot.com: The market appears to be steadying with all indices almost stabilizing and the drop much less than last two weeks.
The BDI softened ...
Saturday, 26 June 10
MONGOLIA COAL RAILWAY TO LINK WITH RUSSIA - BUSINESS WEEK
Business Week reported that, Mongolian lawmakers have approved plans for a rail line linking with Russia to help tap large coal deposits in the sout ...
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Showing 5756 to 5760 news of total 6871 |
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Australian Coal Association
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- PNOC Exploration Corporation - Philippines
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