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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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Tuesday, 27 July 10
INDIA HAS IMPORTED 1.5 MILLION TONS OF COAL LAST WEEK
COALspot.com: Coal imports in Indian ports have reached over 1.5 million tons for the week ended 25 July 2010. According to port agents, aroun ...
Tuesday, 27 July 10
DRY BULK SPOT CARGO DEMAND SHARPLY UP, TRIGGERING RISE IN RATES
Hot on the heels of the dry bulk market’s first weekly gain in almost two months, Monday began on a similar note, with the Baltic Dry Index (B ...
Tuesday, 27 July 10
KANGAROO RESOURCES INKS 297MT COAL RESOURCE FOR TANUR JAYA PROJECT
Kangaroo Resources has reported JORC Code compliant open cut Coal Resources totalling 297 million tonnes for the Tanur Jaya Coal Project in East Kal ...
Monday, 26 July 10
INDONESIAN COAL PRICE REFERENCE FOR JULY 2010 IS US$ 96.65 PER TON FOB VESSEL
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Monday, 26 July 10
BHATIA INTERNATIONAL, MIGHT GRAB THE MAJORITY OF COAL SUPPLY ORDER FROM MAHAGENCO
COALspot.com: Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, has received price bids from ...
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Showing 5696 to 5700 news of total 6871 |
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- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- The University of Queensland
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- PTC India Limited - India
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Parliament of New Zealand
- The Treasury - Australian Government
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
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