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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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Sunday, 31 July 11
CAPES ARE TRADING BELOW $ 9500 PER DAY - VISTAAR
COALspot.com - The BDI further softened by 4.46 pct and closed at 1264 points which touched below 1300 points after long time. The Cape and Panamax ...
Friday, 29 July 11
5300 ADB COAL WILL BE AT US$ 60/TON IN THIS QUARTER - RAIN
COALspot.com - PT Resource Alam Indonesia Tbk (KKGI) seeing the average selling price of its coal for the third quarter of this year will increase t ...
Thursday, 28 July 11
PTBA'S COAL PRICES UP IN H1 2011
COALspot.com - Bukit Asam’s coal prices in the second half of 2011 will expected to be higher than the first half of this year, said Sukrisno, ...
Thursday, 28 July 11
RESOURCE ALAM 1H PROFIT SURGES 208 PERCENT
Indonesia's tenth largest coal miner in term of concessions, PT Resource Alam Indonesia (KKGI), part of Rain Group, today reported a skyrocket net ...
Thursday, 28 July 11
DRY BULK MARKET EDGES FURTHER DOWN ON ADDED PRESSURE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Baltic Dry Index (BDI), an indicator of dry bulk freight rates has reached new lows this week, with yesterday’s session ending further dow ...
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Showing 5166 to 5170 news of total 6871 |
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- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Planning Commission, India
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
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