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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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Friday, 03 September 10
NALCO, INDONESIAN FIRM DIFFER ON COAL SUPPLY TO SMELTER - DNA INDIA
A few days ago, National Aluminium Company (Nalco) advertised in Indonesian newspapers asking for companies to bid for coal supplies for its 500,000 ...
Thursday, 02 September 10
PLN ASKED TO USE LOCAL COAL
Tempo Interactive reportd that, the Indonesian Mining Association Executive Director, Priyo Pribadi, has called on the state-run electricity company ...
Thursday, 02 September 10
NALCO OPEN TO EQUITY DILUTION IN $3.9 BN PROJECT IN INDONESIA
Business-Standard reported that, state-owned Nalco today said it is considering selling stake in its $3.9 billion (over Rs 18,000 crore) aluminium p ...
Thursday, 02 September 10
DRY BULK MARKET GAINS MOMENTUM TO INCREASE, WITH CHINA ONCE AGAIN TO THE RESCUE
With predictions from Chinese officials stating that the country’s iron ore imports during 2010 could surpass the record amounts of 2009, the ...
Wednesday, 01 September 10
STC BAGS NTPC ORDER TO SHIP 12 MT COAL
My Digital FC reported that, The State Trading Corporation (STC) has bagged NTPC’s tender to ship 12 million tonnes coal from Ind&sh ...
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Showing 5631 to 5635 news of total 6871 |
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- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- VISA Power Limited - India
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Romanian Commodities Exchange
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
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