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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, 02 August 10
LINC, ADANI COMPLETE THEIR COAL CONNECTION
"THE much-speculated deal between underground coal gasification company Linc Energy and India's Adani Enterprises is set to be signed tomorrow ...
Saturday, 31 July 10
TABONEO ANCHORAGE TO LOAD 1.5 MLN TON OR MORE COAL IN H1 AUGUST
COALspot.com: Eighty five ocean going vessels and barges have been nominated by coal buyers to their respective suppliers in Indonesia to load about ...
Saturday, 31 July 10
SEEMS THE FREIGHT MARKET WOULD BE FAIRLY STABLE FOR H2 2010 - VISTAAR
COALspot.com: The BDI continued moving up since 16th July and rise by 14 pct almost touching 2000 points.
The BDI was up by 7.72 pct last week wh ...
Friday, 30 July 10
DRY BULK MARKET BACK ON THE ROAD TO RECOVERY
Freight rates for dry bulk carriers have continued to edge higher this week, with the industry’s main benchmark, the Baltic Dry Index (BDI) ga ...
Thursday, 29 July 10
GOVT TOO OPTIMISTIC ON IRON, COAL PRICE
Federal government forecasts of continued strength in iron ore and coal prices, which underpin revenue expectations for the proposed new mining tax, ...
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Showing 5686 to 5690 news of total 6871 |
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- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Economic Council, Georgia
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Mintek Dendrill Indonesia
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- The University of Queensland
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Parliament of New Zealand
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
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