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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, 10 June 10
R-POWER, INDONESIA'S SUGICO INK PACT TO ACQUIRE COAL MINES - ECONOMIC TIMES
Economic Times of India reported that, Anil Ambani-owned Reliance Power has signed a share-sale agreement with Indonesia’s Sugico Group to acq ...
Thursday, 10 June 10
PARAMOUNT MINING CORPORATION REPORTS KEY INDONESIAN JV AGREEMENT
Indonesia focussed Paramount Mining Corporation has reported that its Indonesian subsidiary, PT Paramindo, has concluded a Joint Venture Agreem ...
Wednesday, 09 June 10
INDIA, CHINA TO PROP UP THERMAL COAL DEMAND - COMMODITY ONLINE
Commodity Online : Weakness in thermal coal demand in OECD will continue to be offset by growth in demand in India and China. Therefore, the s ...
Tuesday, 08 June 10
TATA POWER LOOKING TO PICK UP STAKE IN OVERSEAS COAL MINES - ECONOMIC TIMES
Economic Times reported that, Tata Power is looking for a strategic stake purchase in coal mines of Indonesia or South Africa to fuel its upcoming 1 ...
Tuesday, 08 June 10
RUSSIA REPORTED A TENFOLD GROWTH IN COAL EXPORTS TO CHINA IN 1Q 2010 - BRS
A retreat for all the dry bulk segments this week, but especially for the Panamax and Supramax markets. The Panamax 4TC remains over US$30,000/day h ...
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Showing 5786 to 5790 news of total 6871 |
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- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Bhatia International Limited - India
- Eastern Energy - Thailand
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- The University of Queensland
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Australian Coal Association
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
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