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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, 22 September 10
DRY BULK MARKET SENTIMENT TURNS SOUTH AS IRON ORE DEMAND DECLINES
The dry bulk market has once again turned the tide, with the industry’s benchmark, the Baltic Dry Index (BDI) turning south during the previou ...
Monday, 20 September 10
MMTC SEEKS TO BUY 1.3 MT OF COAL FOR INDIA UTILITIES - SXCOAL
MMTC Ltd., India’s largest state- owned trading company, is seeking bids for the supply of 1.3 million tonnes of coal to feed power plants run ...
Monday, 20 September 10
KANGAROO RESOURCES SIGNS PARTNERSHIP WITH ASEAMCO FOR INDONESIAN COAL ASSETS - PROACTIVE INVESTORS
International coal producer Kangaroo Resources (ASX: KRL) has completed a new three-year agreement with Australian mining consultants ASEAMCO to del ...
Monday, 20 September 10
ICVL LOOKS FOR COAL ASSETS IN UZBEK, INDONESIA, AUSTRALIA - ECONOMIC TIMES
Economic Times reported that, International Coal Ventures, or ICVL, the special purpose vehicle floated by five state-owned firms to scout for coal ...
Monday, 20 September 10
IRON-ORE SHIPPING DEMAND MAY GAIN ONCE CHINA STEEL CUTS FINISH, SSY SAYS
Demand to transport iron ore may rebound once China ends steel-production cuts and steel prices may gain in the next several months because of the r ...
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Showing 5601 to 5605 news of total 6871 |
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- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Parliament of New Zealand
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- VISA Power Limited - India
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- The University of Queensland
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Australian Coal Association
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
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