We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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)
|
BALTIC DRY INDEX CHANGE
|
|
|
This week
|
Last week
|
Change
|
Change %
|
|
Baltic Dry Index
|
2030
|
1967
|
63↑
|
3.2
|
|
Baltic Cape Index
|
2194
|
1922
|
272 ↑
|
14.15
|
|
Baltic Panamax Index
|
2581
|
2632
|
51↓
|
-1.94
|
|
Baltic Supra Index
|
1731
|
1760
|
29↓
|
-1.65
|
|
Baltic Handy size Index
|
974
|
1010
|
36↓
|
-3.56
|
|
As of 6 August 2010
|
|
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)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 05 July 11
UNTR REVISES UP SALES TO 7,500 UNITS - INSIDER STORIES
PT United Tractors Tbk (UNTR), distributor of Komatsu heavy equipment and parent of PT Pamapersada Nusantara, has revised up its equipment sales tar ...
Sunday, 03 July 11
INDONESIAN GOVERNMENT HAS CLEARED 1509 COAL IUP'S AS CLEAR AND CLEAN
COALspot.com - The Directorate general of mineral & coal of Indonesia has cleared around 1,509 IUP holders (coal mining companies) as "clea ...
Sunday, 03 July 11
MONSOON IN INDIA PUSHED FREIGHTS UP FROM INDONESIA TO WC INDIA - VISTAAR
COALspot.com - The BDI continued to hold closing just 2 points below last week at 1,422 points which was supported by Cape index which was up by 71 ...
Friday, 01 July 11
BEN LINE OPENS A NEW OFFICE IN BERAU
COALspot.com - Ben Line Agencies has announced that it has opened a new office in the busy coal loading port of Berau in East Kalimantan increasing ...
Friday, 01 July 11
CAPESIZE RATES TO REMAIN DEPRESSED IN COMING MONTHS SAYS SHIPPING ORGANIZATION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a recent report, BIMCO reassessed that Capesize freight rates will remain in depressed territory in the coming months. Capesize Time Charter Aver ...
|
|
|
Showing 5206 to 5210 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Ministry of Finance - Indonesia
- The University of Queensland
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- London Commodity Brokers - England
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
|
| |
| |
|
