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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, 30 June 11
DRY BULK MARKET SHOWS SIGNS OF FURTHER WEAKENING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be unable to shake off the additional supply of vessels, an oversupply issue of grave concern that would have occured e ...
Wednesday, 29 June 11
ANOTHER STRONG PERFORMANCE BY CAPESIZE - BRS
Another strong performance by the Capesize market this week, bringing the BCI up 8% to 1,974 points. However the Panamax market was penalised, losin ...
Monday, 27 June 11
THE IRON ORE IMPORTS BY CHINA SEEMED TO SLOW DOWN - VISTAAR
COALspot.com - The BDI was holding as previous week and was just up by 1 point and closed at 1424 points end of last week. The biggest gain was ...
Friday, 24 June 11
THE INDONESIAN GOVERNMENT WILL NOT EXTEND ALL EXPIRED MINING CONTRACTS - JAKARTA UPDATES
The Indonesian Government have decided not to extend all mining concessions under the scheme called Contract of Work and instead will take over the ...
Friday, 24 June 11
BERAU EYEING 70 PERCENT GROWTH IN EBITDA
Indonesia's coal producer PT Berau Coal Energy Tbk (BRAU) is eyeing a 60 -70 percent growth in EBITDA to US$ 560 million-US$595 million this year. ...
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Showing 5211 to 5215 news of total 6871 |
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- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Wood Mackenzie - Singapore
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- Planning Commission, India
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Central Java Power - Indonesia
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
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