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Saturday, 07 August 10
INDIAN COAL IMPORTS WILL PLAY AN IMPORTANT PART IN KEEPING THE FREIGHT MARKET FIRM IN FUTURE - VISTAAR
COALspot.com: The freight market was volatile with market ending firmed and the BDI crossing 2000 points up by 3 pct, however the BCI was up by 14 pct closing at 2194 points. The panamax and Supramax was slightly down by 1.94 pct and 1.65 pct respectively, whereas handy size index was down by 3.56 pct.
Towards the end of the week the market seemed to be firmer with all the futures ending firmer. Chinese iron ore and coal imports are expected to improve towards fourth quarter 2010. The indian coal imports are likely to continue to be strong and will play an important part in keeping the freight market firm.
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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2030
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1967
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63↑
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3.2
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Baltic Cape Index
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2194
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1922
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272 ↑
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14.15
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Baltic Panamax Index
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2581
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2632
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51↓
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-1.94
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Baltic Supra Index
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1731
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1760
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29↓
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-1.65
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Baltic Handy size Index
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974
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1010
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36↓
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-3.56
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As of 6 August 2010
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The average charter hire was at Cape/$ 18422 per day, Panamax/$ 20733 per day, Supramax/$ 18096 per day and Handysize/$ 14307 per day.
The supramax index in the Fareast (S6 route) was down by $ 540 per day and closed at $ 17631 per day. The ECI/China (S7) route was also increased by $ 1192 per day and closed at $ 18119 per day. The S6 and S7 routes are likely to be steady/firm.
The futures for three years(2010-2012) was firm for cape and panamax vessels and was at around Cape/$ 26000 per day, Panamax/$ 21000 per day, Supramax/$ 18500 per day, Handy size/$ 13500 per day. Short period and one year period rates for Supramax vessels were around $ 20-21000 per day with delivery feast.
The congestion in EC Australian ports was at 124 vessels this week (last week 126 vessels). The vessels waiting at main coal loading ports were at Hay point/6, DBCT/65, Gladstone/5, Abbot Point/3, New Castle/43 vessels, Port Kembla/2 vessels. On the WC Australia iron ore vessels waiting further reduced to 17 vessels (last week 27 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
The Brent crude prices was firm touching above $ 82 per barrel and closed at $ 80.39 per barrel (last week $ 78.24 per barrel). The bunkers prices also firmed up by about $ 20 pmt and prices ex Singapore and was at $ 465.50 pmt (IFO 380 cst ex Singapore) on 6th August 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, 10 October 11
MOZAMBIQUE CHANNEL TO BE THE NEW PIRACY HOTSPOT FOR THIS YEAR SAYS MARITIME SECURITY EXPERT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Mozambique Channel, as well as the entrance to the Persian Gulf, are expected to become some of the new pirate hotspots for piracy, says Richard ...
Sunday, 09 October 11
FREIGHT MARKET ENDED WITH A POSITIVE DIRECTION - VISTAAR
COALspot.com - The market ended with a positive note with all the segments up except for handy size. The biggest gainer was Panamax index up by 11 p ...
Saturday, 08 October 11
INDONESIAN MINER PLANS $167M IPO TO FUEL SUMATRA COAL BOOM - JG
The Jakarta Globe reported that, coal miner Atlas Resources aims to raise as much as Rp 1.5 trillion ($167 million) in an initial public offering to ...
Friday, 07 October 11
MINING REGULATIONS , OBSTACLES AND GROWTH : INDIA VS INDONESIA - SUNIL K KUMBHAT
COALspot.com - The Govt of India has passed long pending Mines & Minerals (Regulation and Development) Bill, 2011, which seeks to replace ...
Friday, 07 October 11
$100M FOR EXPANSION INTO KALIMANTAN MINING: AKR
The Jakarta Globe, one of the leading English news paper in Indonesia reported that, AKR Corporindo, a fuel and chemical distributor, has set aside ...
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Showing 5041 to 5045 news of total 6871 |
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- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- PTC India Limited - India
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
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