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.
|
|
Friday, 16 July 10
CHINA EXPORTS 10.14 MILLION TONNES OF COAL IN H1 OF 2010
China exported 10.14 million tonnes of coal in the first half of this year, down 13.1% compared with the corresponding period of last year, accordin ...
Thursday, 15 July 10
SMC TO PURSUE MINDANAO COAL MINING PROJECTS
Philippine Daily Inquirer reported that, DIVERSIFYING CONGLOMERATE San Miguel Corp. is inclined to pursue its coal mining projects in Mindanao ...
Thursday, 15 July 10
ADANI ENTERPRISES WILL BUY $1 BILLION COAL MINE FROM LINC ENERGY - TOP NEWS
Top News reported that, Adani Enterprises has almost managed to obtain a coal mine from Linc Energy for $1 billion in Queensland, Australia. This mi ...
Thursday, 15 July 10
ADANI TO DEVELOP COAL EXPORT TERMINAL IN AUSTRALIA - BUSINESS STANDARD
Business-Standard reported that, The Adani Group, promoter of Mundra Port and Special Economic Zone (MPSEZ), today said it has been selected as the ...
Thursday, 15 July 10
NO IMPROVEMENT IN THE DRY BULK MARKET - INTERMODAL
Broker’s insight
With the Baltic Dry Index today (13/7/2010) standing at 1,790 points - the lowest point since early May 2009 - ...
|
|
|
Showing 5721 to 5725 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Deloitte Consulting - India
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Planning Commission, India
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- White Energy Company Limited
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- The University of Queensland
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
|
| |
| |
|
