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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, 04 September 12
SHIP OWNERS' COMPETITION LEADS TO TANKER FIXTURES BELOW OPERATING COSTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship owners operating in the VLCC tanker markets are increasingly finding it difficult to obtain even breakeven rates for their vessels, as competit ...
Tuesday, 04 September 12
ORPHEUS SECURES ADDITIONAL SIGNIFICANT KINTAP COAL PROJECT IN SOUTH KALIMANTAN
COALspot.com - Indonesian coal producer, Orpheus Energy (ASX:OEG) has announced that it has secured a 50% equity ownership in an additional tenement ...
Monday, 03 September 12
SHIPOWNERS TO WAIT FOR FURTHER PRICE REDUCTIONS IN THE SECOND HAND VESSEL MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With September now upon us, shipbrokers are looking towards an interesting winter season, as ship owners are looking to capitalize on more second ha ...
Sunday, 02 September 12
ADAROS COAL ROYALTIES TO THE GOVERNMENT INCREASED BY 10.5 PERCENT Y-O-Y TO US$196.8 MILLION
COALspot.com - PT Adaro Energy Tbk (IDX: ADRO), the second largest power plant coal producer in Indonesia, announced its consolidated auditor-review ...
Saturday, 01 September 12
FALLING PRICES; BLEEDING MINERS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost 4.070 percent and 0.422 percent respectively on W-o-W and D- ...
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Showing 4591 to 4595 news of total 6871 |
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- Parliament of New Zealand
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Indika Energy - Indonesia
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- White Energy Company Limited
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
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