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.
|
|
Saturday, 27 September 14
OIL MARKET CONTANGO: SPECULATION ON FUTURE PRICES CAN BE A RISKY MOVE, EVEN FOR TANKER OWNERS HELLENIC SHIPPING NEWS
Despite the fact that tanker owners can easily use their vessels as floating storage units for oil, in a bid to exploit the current oil market dyna ...
Saturday, 27 September 14
MORE COAL MINERS AGREE TO AMEND CONTRACTS - THE JAKARTA POST
The Energy and Mineral Resources Ministry is in a rush to beat a deadline for the conclusion of numerous memorandums of understanding (MoUs) with t ...
Friday, 26 September 14
INDIA SUPREME COURT RULING TO HIT STEEL, UTILITY EARNINGS, SAYS FITCH
COALspot.com: The 24 September Supreme Court of India (SCI) decision to cancel almost every coal block allocation since 1993 will have a negative f ...
Friday, 26 September 14
U.S WEEKLY COAL PRODUCTION FELL 1.8% WEEK OVER WEEK, SAYS EIA
COALspot.com – United States the world's one of largest coal producers, produced approximately 18.80 million short tons (mmst) of c ...
Friday, 26 September 14
ORACLE SIGNS EPC FRAMEWORK AGREEMENT WITH SEPCO FOR COAL MINE AND POWER PLANT IN PAKISTAN
COALspot.com: Oracle Coalfields PLC, the UK developer of a lignite coal mine and power plant in the south-eastern Sindh Province, Pakistan, has ann ...
|
|
|
Showing 3466 to 3470 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Central Electricity Authority - India
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Planning Commission, India
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
|
| |
| |
|
