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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, 16 September 12
GLOBAL LOW DEMAND ; INDONESIA COAL AND CFR SOUTH CHINA COAL SWAPS DIP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for November 2012 delivery lost 1.345 percent W-O-W on Friday, 14 September 2012, closing but gai ...
Sunday, 16 September 12
THE FREIGHT RATES FROM INDONESIA TO INDIA EXPECTED TO BE STEADY - VISTAAR
COALspot.com - The freight market was mixed with most indices closing positive except for the Panamax index.
The main sentiment seems to be ...
Saturday, 15 September 12
FINANCE MINISTRY OPPOSES TAX INCENTIVE PLAN FOR COAL MINERS - JP
The Jakarta Post reported that, the Finance Ministry has turned down the idea of providing a fiscal incentive to the country’s coal mining ind ...
Friday, 14 September 12
DRY BULK MARKET LOOKS TOWARDS CHINA FOR SOME POSITIVE NEWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market freight rates submerged underwater for a large part of the year, dry bulk owners are looking for some positive enhancement ...
Friday, 14 September 12
GOVT OFFERS CONDITIONAL TAX HOLIDAY TO AILING COAL MINERS - JP
The Jakarta Post, one of the leading English news paper in Indonesia reported that, acknowledging difficulties encountered by coal miners due to a p ...
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Showing 4571 to 4575 news of total 6871 |
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- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- Economic Council, Georgia
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- Planning Commission, India
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
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