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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, 06 August 10
KRISHNAPATNAM PORT WINS NON MAJOR PORT AWARD 2ND TIME IN A ROW
COAlspot.com ( Press Release) Krishnapatnam Port, the world-class port on the Indian horizon, took the top honors for the second time in a row, in t ...
Friday, 06 August 10
POLANDS KOPEX GROUP DEVELOPS COAL MINE IN INDONESIA
Polishmarket reported that, Polish mining concern Kopex Group, , is to build the first in Indonesia mechanised underground coal mine. The group is c ...
Thursday, 05 August 10
MORATORIUM MAY HURT NEW PROJECTS: MINING GROUP
The government’s proposed two-year moratorium on issuing new concessions to convert forests and peatlands to other uses may hinder new mining ...
Thursday, 05 August 10
IRON ORE EXPORT BAN COMPOUNDS PROBLEMS OF INDUSTRY - BUSINESS STANDARD
Forex loss of Rs 300 crore (US$ 65.63 million) ; truckers, ports, Railways bear the brunt
The Karnataka government’s move to ban the export ...
Thursday, 05 August 10
DRY BULK LOOKING TO CHINA FOR A NEW RALLY, BUT INDIA COULD BE THIS YEAR'S SURPRISE
The dry bulk market’s rebound has hit a “wall” this week, with the industry’s benchmark, the BDI (Baltic Dry Index) ending i ...
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Showing 5676 to 5680 news of total 6871 |
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- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- The University of Queensland
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
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