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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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Sunday, 31 March 13
COAL FREIGHTS ARE IN FLAT TO WEAK TREND - VISTAAR
COALspot.com - This freight market after several weeks of firming up seemed to lose steam and this week all the indices were down except for handy s ...
Friday, 29 March 13
SUB-BIT INDONESIA COAL SWAPS: UP 0.55 % WOW; CFR SOUTH CHINA COAL CONTRACT: UP 0.23 % WOW
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 0.55 percent and CFR South China coal shipment&nbs ...
Thursday, 28 March 13
SHIP OWNERS KEEN ON ACQUIRING SECOND HAND TONNAGE, AS WELL AS NEW BUILDINGS IN CONVENTIONAL SEGMENTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The recent rally of the Baltic Dry Index (BDI), coupled with renewed optimism, at least in some parts of the wet market, have prompted many ship own ...
Wednesday, 27 March 13
PTBA HAS CONCLUDED US$ 16.14 BILLION WORTH OF COAL SALES AND PURCHASE AGREEMENT WITH PLN
COALspot.com - PT. Bukit Asam, a 32 years old Indonesian state owned coal miner has signed a coal sales and purchase agreement with PT PLN, (a state ...
Wednesday, 27 March 13
SHIPPING CONFIDENCE REACHES HIGHEST LEVEL FOR TWO YEARS - MOORE STEPHENS
Overall confidence levels in the shipping industry recovered to their highest level for two years in the three months ended February 2013, according ...
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Showing 4331 to 4335 news of total 6871 |
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- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- The University of Queensland
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Economic Council, Georgia
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- MS Steel International - UAE
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- GMR Energy Limited - India
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- PTC India Limited - India
- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
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