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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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Tuesday, 22 March 11
KRISHNAPATNAM PORT SETS ALL INDIA RECORD FOR COAL DISCHARGING
COALspot.com - "Krishnapatnam Port has set an all India record for discharging 71,587 tons of steam coal in just 24 hrs using the conventional ...
Sunday, 20 March 11
FREIGHT MARKETS COULD SOFTEN NEXT WEEK DUE TO JAPANESE PORTS CLOSURE AND LIBYAN CRISIS - VISTAAR
COALspot.com - The BDI was down by 1.98 pct (closing at 1531 points) mainly due to Cape index which was down by almost 11 pct and closed 1687 points ...
Friday, 18 March 11
FALL IN INDONESIAN COAL EXPORTS IN FEBRUARY 11
COALspot.com - Indonesian coal exports seen a fall of 10.76% during Feb 2011. The world’s largest coal exporter shipped 22.029 MMts of c ...
Thursday, 17 March 11
THE PACIFIC HANDY MARKET IS CURRENTLY STEADY - FEARNBULK
Handy
The Atlantic market is showing signs of recovery and does not seem to be affected by the Japan disaster. The market is very positional and i ...
Tuesday, 15 March 11
COAL PRODUCTION FORECAST TO SURGE ON RISING PRICES - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal production is forecast to increase by 20 percent this year as coal prices continue to ...
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Showing 5341 to 5345 news of total 6871 |
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- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Posco Energy - South Korea
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Planning Commission, India
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- The University of Queensland
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