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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 February 13
NORTH P&I CLUB WARNS OF LIQUEFACTION RISK FOR BAUXITE CARGOES
The ‘A’ rated 170 million GT North P&I club has warned shipowners carrying bauxite aluminium ore cargoes that they have the potentia ...
Thursday, 07 February 13
CHINA NDRC APPROVED 10 BILLION YUAN POWER GENERATION PROJECTS
NDRC of China currently announced that some of power grid and power station in Jiangxu, Sichuan and Anhui Province would be newly constructed or ext ...
Thursday, 07 February 13
CAPESIZE : MORE ACTIVE WEEK IN THE PACIFIC - FEARNLEYS AS
Handy
The Atlantic market remained stable with no significant movement in rates. Rates from USG to FEast were around USD 18k and Black Sea to Feast ...
Thursday, 07 February 13
WEAK STEEL MARKET MEANS IRON ORE RALLY LIKELY TO END SOON - FITCH
The sharp rebound in iron ore prices over the last couple of months will hurt margins at non-integrated steel producers in the first quarter of 2013 ...
Tuesday, 05 February 13
THE SHIPPING SECTOR IS " NAVIGATING IN STORMY WATERS" - PWC
The vulnerabilities of the global economy have been exposed and have more than played their part in making 2011 one of the worst years of shipping i ...
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Showing 4391 to 4395 news of total 6871 |
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- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Australian Coal Association
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- PTC India Limited - India
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
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