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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, 27 March 12
DRY BULK MARKET KEEP RISING FOLLOWING THE SAME TREND OF LAST WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum this week, on the same reasons of those last week. That is, the smaller ship types are still on the ris ...
Monday, 26 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The Baltic Dry Index follows its upward incline for fourth consecutive week by rising to more than 900 points, up by 37% from the bottom low in the ...
Monday, 26 March 12
GOLDEN MINES FY11 REVENUE JUMPS 209% - INSIDER STORIES
Insider Stories reported that, coal miner PT Golden Energy Mines Tbk (GEMS), that is controlled by Sinar Mas Group, recorded a 209% jump in revenue ...
Saturday, 24 March 12
AUSTRALIA'S MINERAL TAX : BENCHMARK FOR OTHER COUNTRIES - SUNIL K KUMBHAT
COALspot.com - Natural resources rich counties like Australia , Indonesia , South Africa , Brazil etc are going through a spectacular resources boom ...
Saturday, 24 March 12
THE AVERAGE CHARTER RATES WAS AT CAPESIZE $ 4,546 PER DAY VS SUPRAMAX / $ 10,819 PER DAY - VISTAAR
COALspot.com - The BDI crossed 900 points this week closing at 908 points up by 3.89 pct. All other sectors were up except for cape index whic ...
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Showing 4791 to 4795 news of total 6871 |
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- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- White Energy Company Limited
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
- Posco Energy - South Korea
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- PTC India Limited - India
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
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