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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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Saturday, 10 September 11
THE FREIGHT MARKET LIKELY TO BE FIRM NEXT WEEK - CAPT. REDDY
COALspot.com - The freight market continued the upward trend during last week with BDI crossing 1,800 points and closing at 1,838 points up by 5.63 ...
Friday, 09 September 11
SUPRA BARA SECURES $20 MILLION LOAN - JP
The Jakarta Post reported that, Coal miner PT Supra Bara Energi says it has secured a US$20 million loan facility from BNP Paribas to buy heavy equi ...
Friday, 09 September 11
CAPESIZE CAN SECURE USD 17-18K SHORT PERIOD - FEARNBULK
Handy
The US Gulf has remained relatively steady, slightly more activity in the South Atlantic with owners aiming for low to mid USD 20k´s f ...
Thursday, 08 September 11
UKRAINES COAL PRODUCTION TO RISE 8% - IFANDP
Industrial fuels & power reported that, Ukraine will increase its coal output by about 8% this year compared to last year, said the country&rsqu ...
Thursday, 08 September 11
DRY BULK MARKETS RALLY COMES TO AN END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was widely expected by analysts and shipbrokers alike, the latest rally of the dry bulk market came to a halt yesterday, with the Baltic Dry Inde ...
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Showing 5091 to 5095 news of total 6871 |
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- Gujarat Sidhee Cement - India
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Ministry of Mines - Canada
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Bhatia International Limited - India
- ICICI Bank Limited - India
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- Planning Commission, India
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
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