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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, 15 August 11
INDIAS MALABAR CEMENTS SEEK TO IMPORT 40,000 TONS OF COAL
COALspot.com - Malabar Cements Ltd., India's Keralaa government owned cement factory is seeking to import 40K metric tons of non-coking coal throug ...
Sunday, 14 August 11
SUPRAMAX CHARTER RATES SHARPLY UP - CAPT.REDDY
COALspot.com - The BDI ended positive with gains in Cape and Panamax index. The BDI was up by 1.50 pct and the cape and panamax index was up by almo ...
Saturday, 13 August 11
GMR HAS ENTERED INTO CSPA WITH GEMS TO ACQUIRE 30% STAKE
COALspot.com - GMR Infrastructure Investments (Singapore) Pte Ltd, a subsidiary of GMR Infrastructure, has signed conditional sale and purchase agre ...
Friday, 12 August 11
COAL MINERS WILL ALLOW TO CONSTRUCT MINE MOUTH POWER PLANT
COALspot.com - The government is set to draft a regulation to enable construction of steam-fired power plants (PLTU) by coal mining companies for th ...
Friday, 12 August 11
CAPESIZE DEMAND HELPS LIFTING OF DRY BULK MARKET - HELLENIC SHIPPING NEWS
The dry bulk market has recovered a small fraction of its lost ground this week, with higher returns as a result of increased capesize demand. This ...
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Showing 5141 to 5145 news of total 6871 |
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- Eastern Coal Council - USA
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
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