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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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Thursday, 09 September 10
INDONESIA SWAPS COAL FOR INFRASTRUCTURE - FT
As Asia’s major economies bound forward and their hunger for energy surges over the next decade, Indonesia is strategically positioned to take ...
Thursday, 09 September 10
DRY BULK MARKET IS LOOKING TO INCREASE GAINS ON OCTOBER IRON ORE CONTRACTS
The “success” story that the dry bulk market has been displaying during the past couple of weeks is being materialized as we head toward ...
Tuesday, 07 September 10
INDIA IMPORTS 1.63 MLN T OF COAL FOR THE PERIOD 30 AUGUST - 5 SEPTEMBER - SOURCES
COALspot.com: India has imported 1.07 million tons of power plant coal, 0.520 mln tons of coking coal and around 41,000 mt of Anthracite coal for th ...
Tuesday, 07 September 10
GOVERNMENT DECLARED INDONESIAN COAL PRICE REFERENCE DECLINE FOR THIRD-STRAIGHT MONTH
COALspot.com: Indonesian thermal coal price reference, a monthly benchmark price declared by Ministry of Energy and mineral resources of Repub ...
Tuesday, 07 September 10
MERCATOR TO BUY COAL MINE IN INDONESIA THIS FISCAL
Mercator Lines, India’s second-largest shipping company which has diversified into coal mining, will buy a coal mine in Indonesia with more th ...
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Showing 5621 to 5625 news of total 6871 |
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- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- The University of Queensland
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Ministry of Mines - Canada
- VISA Power Limited - India
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
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