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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, 03 August 12
INDIA - LIGHTS OUT! - SALVA
The Indian power sector hit global headlines this week for all the wrong reasons. Firstly, on Monday, over 350 million people lost power across nort ...
Thursday, 02 August 12
OIL & GAS COMPANIES TO MEET IN MYANMAR FOR UPDATES ON NEW ROUND OF BIDDING AND INVESTMENT POTENTIAL IN UPSTREAM OIL, GAS, AND POWER GENERATION
Press Release - 2nd MOGP Summit (Myanmar Oil, Gas & Power) will convene in Yangon from 3 – 6 September 2012, to unveil new round of biddin ...
Thursday, 02 August 12
DRY BULK MARKET RATES CONTINUE SLUMP AMID SLOWER DEMAND NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on its downward path Wednesday, as the BDI (Baltic Dry Index) kept retreating to new lows. The index was down by 2.12 perce ...
Monday, 30 July 12
DRY BULK MARKET TO REMAIN UNDER PRESSURE FOR THE REST OF 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In an interview with Hellenic Shipping News Worldwide, Mr. Yannis Pachoulis, President of the Hellenic Shipbrokers' Association, remains cautiously ...
Sunday, 29 July 12
FREIGHT MARKET MOMENTUM CONTINUES TO WEAK
COALspot.com - The freight market continued to soft this week with all the segments dropped and the BDI fell below 1,000 points and closed at 933 po ...
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Showing 4636 to 4640 news of total 6871 |
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- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- The University of Queensland
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
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