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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, 08 August 14
CAPESIZE RATES ARE REMAINING MORE OR LESS UNCHANGED AT BOTTOM LOW LEVELS - FEARNLEYS AS
Handy
An improving sentiment with stronger rates and fair demand for prompt tonnage in the Atlantic, both on the Continent and in the Med for the ...
Friday, 08 August 14
U.S PRODUCED 35.80 MMST OF COAL IN JULY; UP 7.89 MONTH OVER MONTH
COALspot.com – United States the world's second largest coal producer, produced approximately 19.50 million short tons (mmst) of coal in ...
Friday, 08 August 14
PORT OF NEWCASTLE SHIPPED 19.52% MORE COAL IN JULY FROM LAST MONTH
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped 14,036,947 t ...
Thursday, 07 August 14
SHORT-TERM COAL OUTLOOK IMPROVES - SAM QUEST
With demand for and supply of coal to grow in the near future, prices are expected to rebound in the short term; the long-term prospects, however, ...
Thursday, 07 August 14
BULKING UP IN AFRICA: CHINA INFLATES SEABORNE MINERALS EXPORT TRADE - RICHARD SCOTT
Africa’s profile as an exporter of dry bulk commodities is rising. Responding to growing import demand from China, India and other buyers in ...
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Showing 3556 to 3560 news of total 6871 |
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- TeaM Sual Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- SN Aboitiz Power Inc, Philippines
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Parliament of New Zealand
- The University of Queensland
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Planning Commission, India
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- VISA Power Limited - India
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
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