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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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Thursday, 21 July 11
DRY BULK RATES EDGE FURTHER DOWN ON WEAK MARKET SENTIMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market fell once again on Wednesday marking the ninth straight day of losses. The industry’s benchmark, the Baltic Dry Index (BDI ...
Wednesday, 20 July 11
ANTWERP RECEIVES THE CAPESIZE MG COURAGE
The deepening of the Western Scheldt has made the port of Antwerp easily accessible not only to Ultra Large Container Ships of over 10,000 TEU but a ...
Wednesday, 20 July 11
KALIMANTAN GOLD APPOINTS COMMISSIONER TO SUBSIDIARY
Kalimantan Gold Corporation Limited has announced the appointment of Dr. Bambang Setiawan as Commissioner (a senior advisor) to the Board of PT Kali ...
Wednesday, 20 July 11
CHALLENGER GETS TABANG PROJECT IUP PERMIT
COALspot.com - Challenger Deep Resources Corporation has been getting exploration permit or Izin Usaha Pertambangan (IUP) for its Tabang coal in Eas ...
Wednesday, 20 July 11
TCM COAL PROJECT IN SOUTH KALIMANTAN MOVES TO FINAL FEASIBILITY STUDY
COALspot.com - Pan Asia Corporation Ltd has executed a formal agreement with an underground mining group KOPEX to undertake a final feasibilit ...
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Showing 5181 to 5185 news of total 6871 |
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- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Planning Commission, India
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- GMR Energy Limited - India
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
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