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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, 10 July 11
PTBA INCREASES SHARES IN COAL TRAIN PROJECT - TEMPO INTERACTIVE
TEMPO Interactive reported that, PT Tambang Batubara Bukit Asam (PTBA) is still studying the plan to buy 20 percent of shares in the PT Bukit Asam T ...
Sunday, 10 July 11
DRY BULK MARKET SHOWING SIGNS OF IMPROVEMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Stronger Capesize demand has helped propel the dry bulk market forward this week, with the Baltic Dry Index (BDI) ending yesterday’s session u ...
Sunday, 10 July 11
INDONESIAN BAYAN RESOURCES TO SUPPLY 100 MILLION TONS OF COAL TO INDIAN UNIVERSAL SUCCESS ENTERPRISES LIMITED
Coal miner PT Bayan Resources Tbk (BYAN), that is owned by Dato' Low Tuck Kwong, has entered into a conditional sales and purchase agreement to sup ...
Thursday, 07 July 11
BELOW 5100 COAL WILL BE BANNED FOR EXPORT BY 12 JANUARY 2014
COALspot.com - Indonesian government is in the process of drafting an amendment for government regulation 23/ 2010.
GR 23/2010 has issued to sup ...
Wednesday, 06 July 11
ATLAS RESOURCES TO OFFLOAD 17 PERCENT IPO - INSIDER STORIES
Coking and thermal coal miner PT Atlas Energi Resources aims to offload 17percent new shares of its enlarged capital after Eid-Fitri holidays, as qu ...
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Showing 5201 to 5205 news of total 6871 |
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- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Central Electricity Authority - India
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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