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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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- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
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