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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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Tuesday, 15 January 13
GRANT SMITH APPOINTED GROUP MANAGING DIRECTOR OF BRAEMAR ADJUSTING
The Board of Braemar Adjusting is delighted to announce the appointment of Grant Smith as Group Managing Director of the company with immediate effe ...
Tuesday, 15 January 13
2ND MYANMAR MINING SUMMIT & OFFICIAL HOST MINISTRY OF MINES TO WELCOME OVER 200 DELEGATES NEXT WEEK
Press Release: The Ministry of Mines is hosting the 2nd Myanmar Mining Summit in Yangon on 21-24 January to unravel the local mining climate, prospe ...
Monday, 14 January 13
NEWCASTLE PORT SHIPPED 2.32 PERCENT LESS COAL W/E 14 JANUARY 2013
COALspot.com - Newcastle port in Australia has loaded 3,123,312 MT of thermal and coking coal for week ended 0700 hours 14 January 2013, Newca ...
Monday, 14 January 13
THE COAL MONGOLIA - 2013 OFFICIALLY IN COOPERATION WITH TOP MINING COMPANIES
Press Release: Mongolian first mining portal site Mining.mn has already started its preparation of the International Conference “COAL MONGOLIA ...
Monday, 14 January 13
NTPC INVITES BIDS FOR 500K MT OF IMPORTED COAL
COALspot.com - NTPC Limited (formerly National Thermal Power Corporation) is the largest Indian state-owned electric utilities company called for a ...
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Showing 4421 to 4425 news of total 6871 |
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- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Australian Coal Association
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- Planning Commission, India
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- VISA Power Limited - India
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
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