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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, 03 September 11
FEW SHIPS REPORTED FIXED FROM INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued the upward trend during last week with BDI up by about 13 pct closing at 1,740 points and cape index up ...
Saturday, 03 September 11
TNPL TO BUY 240K MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure 240,000 MT +/- 5 percent of non-coking imported coal with ...
Friday, 02 September 11
CAPESIZE DEMAND LIFTS DRY BULK MARKET ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what proves to be the best week of the year for Capesize owners, strong demand has helped propel the dry bulk market to new highs yesterday. The ...
Thursday, 01 September 11
EWP TO BUY 195KT OF VIETNAM COAL
COALspot.com - Korea Midland Power (KOMIPO) has issued an International open bidding for 490kt of sub bituminous coal, according to a bid invitation ...
Thursday, 01 September 11
DRY BULK MARKET TAKES GREAT LEAP FORWARD - NIKOS ROUSSANOGLOU
In what turned out to be a rather hopeful ending of the month, the last day of August saw the dry bulk market’s benchmark, the BDI (Baltic Dry ...
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Showing 5106 to 5110 news of total 6871 |
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- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- PTC India Limited - India
- Ministry of Transport, Egypt
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- Australian Coal Association
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- The University of Queensland
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
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