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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, 23 July 10
THE PANAMAX MARKET HAS CONTINUED ITS SLOW CLIMB - FEARNLEYS
Handy
Continued flat Atlantic markets and over-supply of tonnage across all segments on spot basis. Nevertheless there is more fresh enquiry on Co ...
Friday, 23 July 10
KPMG INDIA FACES COAL DEFICIT OF 50% OF EXPECTED POWER PLANT DEMAND, SAYS - BLOOMBERG
Bloomberg reported that, India may face a coal shortfall of 189 million metric tons a year by 2015, about 50 percent of the power sector’s exp ...
Thursday, 22 July 10
BERAUS IPO NEXT MONTH CAN BECOME THE LARGEST THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s fifth largest coal miner PT Berau Coal Energy Tbk will launch its initial public offering (IPO) ne ...
Thursday, 22 July 10
DRY BULK MARKET EDGES HIGHER, BUT RECOVERY IS SLOW
The dry bulk market’s recovery, which started last Friday has sustained its momentum thus far, but the pace of it seems to be an agonizing one ...
Wednesday, 21 July 10
CHARTER RATES FOR BIG SHIPS GO INTO FREEFALL
It is reported that concerns over the slowdown in the mainland construction sector posturing over ore price negotiations and a general summer slowdo ...
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Showing 5706 to 5710 news of total 6871 |
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- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Australian Coal Association
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- The University of Queensland
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Parliament of New Zealand
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
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