We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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)
|
BALTIC DRY INDEX CHANGE
|
|
|
This week
|
Last week
|
Change
|
Change %
|
|
Baltic Dry Index
|
2030
|
1967
|
63↑
|
3.2
|
|
Baltic Cape Index
|
2194
|
1922
|
272 ↑
|
14.15
|
|
Baltic Panamax Index
|
2581
|
2632
|
51↓
|
-1.94
|
|
Baltic Supra Index
|
1731
|
1760
|
29↓
|
-1.65
|
|
Baltic Handy size Index
|
974
|
1010
|
36↓
|
-3.56
|
|
As of 6 August 2010
|
|
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)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 26 May 10
ADANI GROUP EYES AFRICA FOR COAL MINING PROJECTS
India Info Line reported that, After acquiring coal mines for importing Indonesian coal to run its thermal power plants in the country, the Adani Gr ...
Wednesday, 26 May 10
DRY BULK MARKET SHOOTS UP, CLOSES IN ON POST-CRISIS ERA HIGHS
In an opposite trend than that of the previous week, the Baltic Dry Index (BDI), a benchmark for tracking costs to haul commodities at sea, shot up ...
Wednesday, 26 May 10
BUMI TO CUT UP TO USD 1 BILLION DEBT IN 12 MONTHS
Press Release : PT Bumi Resources Tbk. announced yesterday that it has revived its intent to issue non preemptive shares and added this to the agend ...
Tuesday, 25 May 10
COAL PRODUCTION MAY REACH 320 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce as much as 320 million tons of coal this year, an increase of nearly 7 perc ...
Tuesday, 25 May 10
KALIMANTAN COAL RAIL PROJECT RUNS INTO COST DELAY - THE JAKARTA GLOBE
The Jakart globe reported that, A$1.5 billion coal rail and port project planned for Central Kalimantan may be delayed by a year after a review of t ...
|
|
|
Showing 5811 to 5815 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Commonwealth Bank - Australia
- PTC India Limited - India
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
|
| |
| |
|
