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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, 30 March 12
RECOND NUMBERS SURROUNDING THE SUPRAMAX DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Last year proved to be both a record year in the number of deliveries of dry bulkers between 40,000dwt and 64,000dwt, as well as a record year in th ...
Thursday, 29 March 12
DRY BULK EDGED FURTHER UP, ON HEALTHY DEMAND FOR MOST SHIP TYPES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With capesize vessels finally reappearing in demand, the dry bulk market had an easier task of rising yesterday, as the BDI (Baltic Dry Index) reach ...
Thursday, 29 March 12
ADARO FY11 NET INCOME JUMPS 124% - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk (ADRO) today announced a 124% jump in net income to US$552 million last year or US$0.017 a share. ...
Wednesday, 28 March 12
CUESTA HAS RECEIVED APPLICATIONS AND FIRM BIDS IN EXCESS OF $9 MILLION FOR THE COMPANYS IPO
COALspot.com - The Directors of Cuesta Coal Limited (ASX:CQC) have announced that today it has received applications and firm bids in excess of $9 m ...
Wednesday, 28 March 12
ORPHEUS ENERGY TO COMMENCE JORC DRILLING AT ADK PROJECT
COALspot.com - Indonesian coal explorer and producer, Orpheus Energy (ASX:OEG), have today announced that the company is about to commence a drillin ...
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Showing 4786 to 4790 news of total 6871 |
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- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- White Energy Company Limited
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- GVK Power & Infra Limited - India
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- London Commodity Brokers - England
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Dalmia Cement Bharat India
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
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