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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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Wednesday, 21 May 14
SHIPPING: MARKET INSIGHT - GEORGE LAZARIDIS
The recent revision by the OECD of its global growth forecast has sparked a debate as to the potential outcome these new figures will have on seabo ...
Tuesday, 20 May 14
NEWCASTLE'S COAL EXPORT VOLUME UP 39.11 PERCENT WEEK ON WEEK
COALspot.com: In the week ended 07:00 hours 19 May 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, ...
Tuesday, 20 May 14
DRY BULK MARKET TO IMPROVE OVER THE COURSE OF 2014, BUT OVERSUPPLY STILL AN ISSUE SAYS BIMCO'S CHIEF SHIPPING ANALYST
As a gruelling first quarter edges closer to the end, dry bulk ship owners are looking at an improved second quarter demand, which, coupled with sl ...
Tuesday, 20 May 14
DRY BULK MARKET IS BOUND FOR A RECOVERY CLAIMS PARAGON SHIPPING'S HEAD MICHAEL BODOUROGLOU
The dry bulk market is bound for a recovery in the coming weeks, as the market will be better balanced, said Mr. Michael Bodouroglou, Chairman and ...
Monday, 19 May 14
INDO COAL SWAPS FOR AVERAGE Q3' 2014 DELIVERY LOST ON WEEK AND ON MONTH
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on week and on month according to AsiaClear OTC coal swap's reports release ...
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Showing 3696 to 3700 news of total 6871 |
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Australian Coal Association
- Central Electricity Authority - India
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- The University of Queensland
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
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