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Saturday, 24 July 10
THE BDI SEEMS TO BE RECOVERING AND WAS UP BY ABOUT 6 PCT - CAPT. REDDY
COALspot.com: "The BDI seems to be recovering and was up by about 6 pct this week after losing for almost last 7 weeks", said Capt. Reddy, Director Vistaar Shipping, Singapore. The BDI started to fall from 26th May 2010 when it was at 4,209 points and reached 1,720 points on 15th July 2010 , which is almost a drop of 60 pct.
However, seems that the market is recovering finally and all sectors have move up.
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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1826
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1720
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106 ↑
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6.16
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Baltic Cape Index
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1708
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1676
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32 ↑
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1.91
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Baltic Panamax Index
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2362
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2092
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270 ↑
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12.91
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Baltic Supra Index
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1745
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1669
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76 ↑
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4.55
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Baltic Handy size Index
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978
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994
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34 ↑
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3.60
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As of 23 July 2010
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The cape index recovered by about 2 pct and was at 1708 points , whereas the Panamax index saw a healthy rise of about 13 pct and closed at 2,362 points. The Supramax and Handy size also increased by 4.55 pct and 3.60 pct respectively. The market seems to be recovering and seems likely to go up for next few weeks.
The futures rates was also at healthy levels and there was significant increase especially for Q4 2010. The pressure on iron ore out of India was still there , but there were signs of slight improvement compared to last week.
The average charter hire was at Cape/$ 12,755 per day, Panamax/$ 18,997 per day, Supramax/$ 18,250 per day and Handy size/$ 14,349 per day.
The Supramax index in the Fareast (S6 route) was up by $ 1,067 per day and closed at $ 17,877 per day. The ECI/China (S7) route also increased by $ 1,062 per day and closed at $ 16,227 per day . The S6 and S7 routes is expected to improve and remain firm next week.
The futures for three years (2010-2012) was at around Cape/$ 24,000 per day, Panamax/$ 19,500 per day, Supramax/$ 18,000 per day, Handy size/$ 13,500 per day. Short period and one year period rates for Supramax vessels was around $ 20,000 per day with delivery feast.
The congestion in EC Australian ports was at 123 vessels this week (last week 121 vessels ). The vessels waiting at main coal loading ports were at Hay point/8, DBCT/58, Gladstone/3, Abbot Point/nil, New Castle/54 vessels, Port Kembla/nil vessel. On the WC Australia iron ore vessels waiting increased to 33 vessels (last week 31 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
The Brent crude prices was sharply up at $ 77.57 per barrel (last week $ 75.20 per barrel). The bunker prices also firmed up and IFO ex Singapore and was at $ 450.50 pmt (ifo 380 cst ex Singapore) on 23rd 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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Saturday, 25 September 10
INDONESIA HAS EXPORTED 187.656 MILLION TONNES OF COAL IN EIGHT MONTHS
COALspot.com: Indonesia, the world largest coal exporter has exported 187.656 million tons of coal for the period January – August this ...
Saturday, 25 September 10
PRESSURE ON S6 AND S7 ROUTES SEEMS TO BE CONTINUED NEXT WEEK CAPT. REDDY
COALspot.com: The freight market has been flat this week due to holidays in China and low activity saw all sectors down and soft.
The BDI was dow ...
Thursday, 23 September 10
CHURCHILL MINING SHARES JUMP ON EAST KUTAI COAL PROJECT FEASIBILITY RESULTS - STOCKOPEDIA
AIM listed mining group Churchill Mining (LON:CHL) and its Indonesian partners the Ridlatama Group, have completed a feasibility study on the 2.73bn ...
Thursday, 23 September 10
DRY BULK RATES EXPECTEDLY FALL TO ONE MONTH LOWS - HELLENIC SHIPPING
With of the Far East trade routes closed this week on various national holidays, demand for ocean transportation of raw materials has been significa ...
Wednesday, 22 September 10
INDIA TO BE BIGGEST BUYER OF INDONESIAN COAL BY 2011 - BUSINESS STANDARD
India will pass Japan to be the biggest buyer of Indonesian coal by 2011, said Bob Kamandanu, chairman of the Indonesian Coal Mining Association.
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Showing 5596 to 5600 news of total 6871 |
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- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- The University of Queensland
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- Economic Council, Georgia
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
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