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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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Friday, 17 December 10
NALCO SHORTLISTS COAL FIRMS FOR INDONESIA PROJECT - BUSINESS-STANDARD
Business-Standard reported that, State-owned NALCO today said it has shortlisted two firms for supply of coal for its Rs 18,000-crore (US$ 3,953,003 ...
Thursday, 16 December 10
LANCO BAGS AUSTRALIAN COAL MINER GRIFFITH - DNA
As part of its strategy to secure coal supplies for meeting its needs in expanding power generation capacities, infrastructure major Lanco Infratech ...
Thursday, 16 December 10
COAL INDIA IN TALKS WITH INDONESIAN CO TO BUY ITS COAL MINES - APN NEWS
APN News reported that, World’s largest coal producer Coal India is in talks with Indonesia’s Sinar Mas Group for acquiring coal mines i ...
Wednesday, 15 December 10
GOVT SETS NEW MINIMUM LEVEL FOR DOMESTIC MARKET SALES - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal producers are required to sell at least 24.17 percent of their production to the domestic market nex ...
Wednesday, 15 December 10
CAPESIZE RATES ARE NOW AT THEIR LOWEST LEVEL SINCE AUGUST
It was a repeat performance for the market this week, with another increase in earnings for the small sizes but a sharp drop for the Capes. Overall ...
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Showing 5486 to 5490 news of total 6871 |
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- Savvy Resources Ltd - HongKong
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Planning Commission, India
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Xindia Steels Limited - India
- Economic Council, Georgia
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- The University of Queensland
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
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