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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, 05 August 10
DRY BULK LOOKING TO CHINA FOR A NEW RALLY, BUT INDIA COULD BE THIS YEAR'S SURPRISE
The dry bulk market’s rebound has hit a “wall” this week, with the industry’s benchmark, the BDI (Baltic Dry Index) ending i ...
Wednesday, 04 August 10
MALAYSIA'S AGATE GROUP TIES UP WITH INDIA'S ECOGREEN TO DEVELOP COAL BUSINESS
COALspot.com: "Malaysian based AGATE Group had entered into an agreement with India's EcoGreen to jointly develop coal business in India ...
Wednesday, 04 August 10
ADARO PRODUCED 21.62 MILLION TONS OF COAL IN 1H 2010
COALspot.com: “Adaro Energy’s production volume during the second quarter of 2010 was 10.26 million tones and for the first half of 2010 ...
Wednesday, 04 August 10
CIL TO TAKE UP NEW PROJECT TO MEET INCREASED DEMAND OF COAL
As part of Annual Plan 2010-11, Planning Commission has projected all India demand of coal 656.31 Million Tonnes against which the indigenous supply ...
Tuesday, 03 August 10
INDONESIA CONSIDERING RUPIAH DENOMINATION
The jakarta post reportd that, the central bank is deliberating a potential Rupiah denomination in light of decreasing exchange rate valuations agai ...
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Showing 5681 to 5685 news of total 6871 |
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- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- VISA Power Limited - India
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Romanian Commodities Exchange
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