We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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)
|
|
BALTIC DRY INDEX CHANGE
|
|
|
This week
|
Last week
|
Change
|
Change %
|
|
Baltic Dry Index
|
1826
|
1720
|
106 ↑
|
6.16
|
|
Baltic Cape Index
|
1708
|
1676
|
32 ↑
|
1.91
|
|
Baltic Panamax Index
|
2362
|
2092
|
270 ↑
|
12.91
|
|
Baltic Supra Index
|
1745
|
1669
|
76 ↑
|
4.55
|
|
Baltic Handy size Index
|
978
|
994
|
34 ↑
|
3.60
|
|
As of 23 July 2010
|
|
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)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 30 August 10
DRY BULK MARKET STABILIZES, ALBEIT AT A FALLING NOTE
The dry bulk market’s leading benchmark, the Baltic Dry Index (BDI) ended the week at 2712 points, a marginal weekly loss of 1.6% or 44 points ...
Saturday, 28 August 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS FIRM FOR CAPE AND PANAMAX VESSELS - VISTAAR
COALspot.com: The freight market appeared to be heading for correction with the indices coming off during later part of the week. The BDI closed 44 ...
Saturday, 28 August 10
KRISHNAPATNAM PORT SETS AN ALL INDIA COAL DISCHARGE RECORD
COALspot.com: Krishnapatnam Port has established all new record for coal discharged in India using the conventional system of coal unloading for por ...
Friday, 27 August 10
PAKISTAN WILL IMPORT 8 TO 10 PERCENT MORE COAL IN 2011
COALspot.com: Pakistan to import 4 million ton of coal in 2011 up by 8-10 percent compare to this year’s imports. "Pakistan's tota ...
Thursday, 26 August 10
CHARTERERS SWITCHING FROM PANAMAX TO CAPE STEMS DUE TO CAPE FALL
Handy
The activity picked up in the Atlantic with more enquiries seen for short period tonnage for end August/beg September - As the grain season ...
|
|
|
Showing 5641 to 5645 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- The University of Queensland
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- Planning Commission, India
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- MS Steel International - UAE
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Videocon Industries ltd - India
|
| |
| |
|
