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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, 14 June 10
S. AFRICA BOOSTS COAL SALES TO INDIA 12%, TRADER SAYS
Bloomberg reported that, South Africa’s Richards Bay, the world’s second-biggest coal export harbor, boosted sales to India by 12 percen ...
Sunday, 13 June 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS AT AROUND CAPE/US$ 29000 PER DAY & PANAMAX/US$ 20500 PER DAY - VISTAAR
COALspot.com: The market continue to soften in all sectors and the most affected was cape size which was down by 16.32 pct. The BDI was down by 14.4 ...
Saturday, 12 June 10
BALTIC EXCHANGE ESTABLISHES ASIA-PACIFIC OFFICE
The London-based Baltic Exchange has today announced it is setting up an Asia-Pacific Representative Office in Singapore, to ensure closer contact w ...
Saturday, 12 June 10
NALCO TO ROPE IN PARTNERS FOR INDONESIA PROJECT
Sify reported that, the public sector National Aluminium Company (Nalco) is set to finalise the terms of its joint venture (JV) agreement with two f ...
Thursday, 10 June 10
CHARTERERS ARE NOT WILLING TO PAY THE RATES AS MARKET SLIDES
DRY BULK
Handy
Atlantic markets are quieter (Posidonia?) with less activity. Nevertheless expect some fresh enquiries f ...
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Showing 5781 to 5785 news of total 6871 |
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- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Planning Commission, India
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
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