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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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Wednesday, 15 June 11
DRY BULK MARKET WEAKENS AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Despite this time of year traditionally being one of the busiest for the dry bulk market, it seems that in the post-crisis era trade patterns are co ...
Monday, 13 June 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 1.2 PERCENT IN JUNE
COALspot.com - The Ministry of Energy & Mineral Resources sets coal spot price benchmark for June 2011 at US$ 119.03 per ton, higher than US$ 1. ...
Sunday, 12 June 11
THE FREIGHT MARKET IS LIKELY TO BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com - The freight market continued to soften this week except for Panamax index. The BDI was down by about 4.77 pct and closed at 1,418 poi ...
Friday, 10 June 11
DRY BULK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
This week has offered dry bulk ship owners no real reason to smile, as the industry’s benchmarket, the Baltic Dry Index (BDI) has been steadil ...
Friday, 10 June 11
BUKIT ASAM RECORDED RP1.3 TRILLION PROFIT IN MAY - TEMPO INTERACTIVE
Tempo Interactive reported that, PT PT Tambang Batubara Bukit Asam Tbk (PTBA) made a net profit of Rp 1.3 trillion (approx. US$ 152,779,410) at the ...
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Showing 5231 to 5235 news of total 6871 |
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- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Planning Commission, India
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Tata Chemicals Ltd - India
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
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