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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, 06 April 12
DRY BULK MARKET SWIFT TO HALT FALL ON RENEWED DEMAND FOR CAPESIZES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk managed to put a stop to the recent falls, which came as a result of a lacklustre demand for smaller vessel sizes. Although this trend ...
Thursday, 05 April 12
COAL EXPORT TAX: MATTER OF CONCERN FOR INDIA - SUNIL K KUMBHAT
COALspot.com - Since the issuance of Indonesian Mining law in 2009, miners have increased their activities in exploring , ex ...
Thursday, 05 April 12
AKR COAL FIRST EXPORT SHIPMENT OF COAL SEABORNE
PT Anugrah Karya Raya (AKR Coal) subsidiary of PT AKR Corporindo Tbk., Indonesia’s leading integrated supply chain solutions provider and larg ...
Thursday, 05 April 12
DRY BULK MARKET STALLS AS TREND IS REVERSED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has halted its month-long rally, with the BDI (Baltic Dry Index) retreating yesterday for a second consecutive session. Industry ...
Wednesday, 04 April 12
OIL MAY JUMP TO $150PB IF IRAN ATTACKED: EXPERT - KUNA / HELLENIC SHIPPING
Prices of oil will not drop below level of $100 per barrel and may jump to $150 pb in the coming two months, according to the prominent Kuwaiti expe ...
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Showing 4776 to 4780 news of total 6871 |
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- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Minerals Council of Australia
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
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