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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, 03 August 11
DRY BULK MARKET SINKS TO THREE-MONTH LOWS, BUT CAPESIZES COULD TURN THINGS AROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on falling this week, on the back of slow cargo demand amid the summer season. Yesterday, the BDI (Baltic Dry Index), the i ...
Tuesday, 02 August 11
INDONESIA BECOMES SECOND LARGEST COKING COAL EXPORTER
COALspot.com - Indonesia, the largest thermal coal exporter in the world now becomes second biggest coking coal exporter to Japan. Indonesian’ ...
Tuesday, 02 August 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK TO PRESENT LATEST TRENDS
Press Release - Global commodities prices have been staying high since the beginning of 2011, resulting in the “TENSION” in various coun ...
Tuesday, 02 August 11
REALM RESOURCES TO ACQUIRE A 75% INTEREST IN THE KATINGAN RIA COAL PROJECT
COALspot.com - Scoping study at the Katingan Ria Coal Project, Central Kalimantan demonstrates positive technical and financial potential for the pr ...
Tuesday, 02 August 11
COAL INDIA TO INVEST IN GOLDEN ENERGY MINES
COALspot.com - Golden Energy Mines, part of PT Dian Swastatika Sentosa Tbk’s, is still negotiating with several strategic investors to o ...
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Showing 5161 to 5165 news of total 6871 |
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- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Minerals Council of Australia
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Parliament of New Zealand
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
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