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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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Wednesday, 17 August 11
TAVESCO KILLARA ENERGY TO ACQUIRE COAL CONCESSIONS IN EAST KALIMANTAN
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...
Wednesday, 17 August 11
BUMI'S H1 UNDERLYING OPERATING PROFIT $62 MILLION
COALspot.com - Bumi PLC , posted underlying first-half operating profit of $62 million and production at PT Bumi Resources and PT Berau increased to ...
Wednesday, 17 August 11
SHIP OWNERS COULD FACE PAIN ON THE BACK OF GLOOMY ECONOMYS PREDICTIONS - HELLENIC SHIPPING
The latest market turmoil, coupled with the renewed risk of a global recession could very well signal more troubled times for ship owners of all shi ...
Tuesday, 16 August 11
CHALLENGER ENTERED INTO CSPA WITH PELANGI KERTANEGARA TO ACQUIRE 100% STAKE
COALspot.com - Challenger Deep Resources Corp., through its wholly owned subsidiary, P.T. Bestindo Energy, has exercised its option to purchase an a ...
Monday, 15 August 11
ADARO ENERGYS NET INCOME MORE THAN DOUBLES IN FIRST HALF 2011
COALspot.com - Indonesian’s second largest coal producer, Adaro Energy, booked net profit US$ 268 million in the first half 2011, rose two-fol ...
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Showing 5136 to 5140 news of total 6871 |
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- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Bhatia International Limited - India
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- PTC India Limited - India
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Australian Coal Association
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
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