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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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Saturday, 07 July 12
EXCESS SUPPLY & WEAK DEMAND KEEP COAL PRICES LOW
COALspot.com - SGX AsiaClear OTC Coal Swaps for August and Q4 deliveries slipped slightly this week. SGX’s Indonesian sub-bituminous coal swap ...
Saturday, 07 July 12
BALTIC INDEX UP ON STRONG CAPE, PANAMAX RATES - VISTAAR
COALspot.com - This week all the segments were firmed up with BDI up by 15.23 pct (up by 153 points) closing at 1,157 points.
The cape index also ...
Saturday, 07 July 12
DRY BULK MARKET NOT ABLE TO FIND SOLID GROUND SAY EXPERTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the second half of each, traditionally looking the most active one, especially in terms of newbuildings being delivered, it's highly unlikely ...
Thursday, 05 July 12
GOVT GETS READY FOR $1.8B SUIT - THE JAKARTA POST
The Jakarta Post, one of the leading Indonesian English new papers reported that, several ministries and the Attorney General’s Office held a ...
Thursday, 05 July 12
DRY BULK MARKET MOVES FURTHER UP THE HILL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its growth momentum by the middle of the week, as the BDI (Baltic Dry Index) rose by an additional 40 points to 1,103 p ...
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Showing 4666 to 4670 news of total 6871 |
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- Larsen & Toubro Limited - India
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- The University of Queensland
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
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