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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 whereas Cape and Panamax was almost up by 12 pct. The Supramax and Handy size moved up only marginally by 0.86 pct and 3.27 pct respectively. Overall the futures saw a strong recovery. However towards end of the week the futures seemed soft. The iron ore prices and steel prices seems to be picking and showing signs of recovery. Seems the market would be fairly stable/firm balance period for 2010.
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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1967
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1826
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141↑
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7.72
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Baltic Cape Index
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1922
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1708
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214 ↑
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12.53
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Baltic Panamax Index
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2632
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2362
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270↑
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11.43
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Baltic Supra Index
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1760
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1745
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15↑
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0.86
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Baltic Handy size Index
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1010
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978
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32 ↑
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3.27
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As of 30 July 2010
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The average charter hire was at Cape/$ 14965 per day, Panamax/$ 21155 per day, Supramax/$ 18401 per day and Handy size/$ 14828 per day.
The Supramax index in the Fareast (S6 route) was up only by $ 294 per day and closed at $ 18,171 per day. The ECI/China (S7) route also increased by $ 700 per day and closed at $ 16,927 per day . The S6 and S7 routes seemed to be slightly soft this week compared to previous week.
The futures for three years (2010-2012) was firm for cape and panamax vessels and was at around Cape/$ 26,000 per day, Panamax/$ 21,155 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 $ 21-22,000 per day with delivery feast.
The congestion in EC Australian ports was at 126 vessels this week (last week 123 vessels ). The vessels waiting at main coal loading ports were at Hay point/7, DBCT/63, Gladstone/1, Abbot Point/1, New Castle/52 vessels, Port Kembla/2 vessels. On the WC Australia iron ore vessels waiting reduced to 27 vessels (last week 33 vessels).
The waiting at majority of Indian ports for coal vessels was quite normal around 3/4 days excepts some ports up to 6/7 days.
The Brent crude prices was firm up at $ 78.24 per barrel (last week $ 77.57 per barrel). However the bunker prices was almost at same levels IFO ex. Singapore and was at $ 445.50 pmt (IFO 380 cst ex Singapore) on 30th 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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Wednesday, 21 July 10
FEWER SHIPS SOLD FOR SCRAP IN JUNE, ADDING PRESSURE TO FREIGHT RATES
The easing of vessel tonnage supply should be among the main concerns among ship owners, especially those active in dry bulk shipping. The reason is ...
Wednesday, 21 July 10
BUKIT ASAM SEALS RP900 BIO COAL DEAL
Souce: Insider Stories
Insider Stories reported that, State-Owned coal producer PT Tambang Batubara Bukit Asam Tbk (PTBA) have agreed t ...
Wednesday, 21 July 10
TUAH TURANGGA BUYS ABP US$ 15.9 MIO
Source: Insider Stories
Insider Stories reported that, Komatsu heavy equipment PT United Tractors Tbk (UNTR) through its wh ...
Tuesday, 20 July 10
CHINA'S RELIANCE ON COAL TO DROP 7% BY 2015 - XINHUA NET
Xinhua Net reported that, China's coal consumption is likely to drop to 63 percent of total energy consumption by 2015, down from 70 percent last y ...
Tuesday, 20 July 10
CHURCHILL PLANNING TO PRODUCE 35 MILLION TONNES PER ANNUM FROM ITS EAST KUTAI COAL PROJECT
According to Churchill's website, the East Kutai Coal Project is a world-class thermal coal deposit, with a JORC Mining Reserve of 961 milli ...
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Showing 5711 to 5715 news of total 6871 |
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
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