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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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Monday, 14 March 11
IRON ORE TRADING WORLD EUROPE 2011
Press Release - Strategy and opportunity for miners, steelmakers, end users and the financial community.
The iron ore spot market is growing at a ...
Sunday, 13 March 11
COAL NO LONGER A CHEAP ENERGY SOURCE - THE SUNDAY LEADER
The Sunday Leader reported that, the addition of power generated through coal power to the country’s national grid was initially expected to r ...
Sunday, 13 March 11
THE FREIGHT MARKET SEEMS WILL BE FIRM FOR MARCH AND APRIL - VISTAAR
COALspot.com - The freight market continued to rise with the BDI crossing 1500 points and the cape size index up by 32 pct and all other segments al ...
Friday, 11 March 11
THE HANDY MARKET IS QUITE VOLATILE
Handy
Lacklustre week as the USG is the only bright light with high volumes of petcoke/coal into the Med (paying mid 20´s bss aps USG). Litt ...
Thursday, 10 March 11
DRY BULK MARKET SHOWING SIGNS OF STRONGER RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market jumped by 3.37% yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI), moving up to 1,472 points, levels no ...
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Showing 5346 to 5350 news of total 6871 |
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- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- GMR Energy Limited - India
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Australian Coal Association
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Link Ltd, New Zealand
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- White Energy Company Limited
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
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