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.
|
|
Wednesday, 13 April 11
CAPESIZE VESSELS ARE DELIVERED AT A PACE OF ONE NEW VESSEL EVERY SECOND DAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a clear sign that it will take a significant rise in global seaborne dry bulk trade in order to be able to absorb the flurry of new building tonn ...
Sunday, 10 April 11
SOFT FREIGHT MARKET TREND LIKELY TO BE CONTINUED - VISTAAR SHIPPING
COALspot.com - The freight market continued to soften further with the BDI breaking the 1,500 points and closing at 1376 points down by almost 10 pc ...
Thursday, 07 April 11
HANDY RATES SLIDING NOW - FEARNBULK
Handy
Slowly softening rates as more tonnage is accumulating in the Atlantic basin.The trans-Atlantic round is around $15k pd with trips to ...
Thursday, 07 April 11
DRY BULK MARKET PLUNGING EVEN FURTHER ON LOW CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has continued its falling pattern this week, with every day proving to be painful for ship owners, especially those of the large ...
Thursday, 07 April 11
INDIKA BUYS MITRABAHTERA AT US$ 0.183
PT Indika Energy Tbk (INDY), integrated energy company, today has exercised an option agreement to acquire 51% shareholding in newly listed coal tug ...
|
|
|
Showing 5311 to 5315 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- The University of Queensland
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Central Electricity Authority - India
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
|
| |
| |
|
