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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, 20 August 10
POWER COS SEEK MINING PARTNERS TO BID FOR 1,920-MW PROJECT
"A joint venture between the Maharashtra and Tamil Nadu governments for a pit-head power project, has been allotted the biggest coal block yet ...
Thursday, 19 August 10
INDONESIA EXPORTED 5.93 MLN TON OF COAL TO CHINA AND 3.52 MLN TONS TO INDIA IN JULY
COALspot.com: Indonesia shipped 3.52 million tones of thermal coal to India in July, fell 25.39 percent compared to June's exports of 4.71 million ...
Thursday, 19 August 10
WBPDCL INDIA LAUNCHES SPOT COAL TENDER
COALspot.com: The West Bengal Power Development Corporation Limited (WBPDCL ), A Govt. of West Bengal Enterprise, has launched spot contract tender ...
Thursday, 19 August 10
PANAMAX BACKED BY A STRONGER SHORT PERIOD MARKET AND SUPPORTED BY SOME FRESH REQUIREMENTS - FEARNBULK
Handy
The events of this week have confirmed our assessment of last week i.e. activity gradually picked up in the Atlantic with more enquiry seen ...
Thursday, 19 August 10
CSC TO SHIP COAL FOR NOROCHCHOLAI POWER PLANT
Daily Mirror reported that, coal for the Norochcholai Power Plant will be shipped to the country by the Ceylon Shipping Corporation (CSC) officials ...
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Showing 5656 to 5660 news of total 6871 |
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- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Australian Coal Association
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Planning Commission, India
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Baramulti Group, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Minerals Council of Australia
- Renaissance Capital - South Africa
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