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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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Monday, 02 August 10
DRY BULK MARKET NEEDS TO FIND ADDITIONAL SUPPORT IN AUGUST
The dry bulk market ended another week of rebounding, posting on Friday its 11th straight rise. Still, as analysts point out the rate of this rise h ...
Monday, 02 August 10
LINC, ADANI COMPLETE THEIR COAL CONNECTION
"THE much-speculated deal between underground coal gasification company Linc Energy and India's Adani Enterprises is set to be signed tomorrow ...
Saturday, 31 July 10
TABONEO ANCHORAGE TO LOAD 1.5 MLN TON OR MORE COAL IN H1 AUGUST
COALspot.com: Eighty five ocean going vessels and barges have been nominated by coal buyers to their respective suppliers in Indonesia to load about ...
Saturday, 31 July 10
SEEMS THE FREIGHT MARKET WOULD BE FAIRLY STABLE FOR H2 2010 - VISTAAR
COALspot.com: The BDI continued moving up since 16th July and rise by 14 pct almost touching 2000 points.
The BDI was up by 7.72 pct last week wh ...
Friday, 30 July 10
DRY BULK MARKET BACK ON THE ROAD TO RECOVERY
Freight rates for dry bulk carriers have continued to edge higher this week, with the industry’s main benchmark, the Baltic Dry Index (BDI) ga ...
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Showing 5686 to 5690 news of total 6871 |
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- Sojitz Corporation - Japan
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Deloitte Consulting - India
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Commonwealth Bank - Australia
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- PTC India Limited - India
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- White Energy Company Limited
- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
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