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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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Wednesday, 15 February 12
HBA FOR FEB 2012, CLIMBS 2.09 PERCENT AND REACHED US$ 111.58 PER TON
COALspot.com - The Indonesian coal reference price for February climbs 2.09 percent to US$111.58 per ton after losing past three months. ...
Monday, 13 February 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The current sentiment in the dry market resembles memories from the end of 2008, when the Baltic Dry Index closed at the level of 663 points on Dece ...
Sunday, 12 February 12
INDONESIA HAS ISSUED A REGULATION TO BAN THE EXPORT OF UNPROCESSED MINERALS AND METALS BY 2014
COALspot.com - The Indonesian government has finally issued a ministerial decree (7 Year 2012 dated 6 February 2012) to ban the export of unpro ...
Sunday, 12 February 12
THE BALTIC DRY INDEX CLIMBS 10.51%
COALspot.com - "The markets touched record lows not seen since mid 80’s. However there was some good news with signs of market recovery a ...
Saturday, 11 February 12
A SNAPSHOT ON THE ECONOMIC AND SHIPPING ENVIRONMENT - GOLDEN DESTINY
The week was highlighted with intense worries in the eurozone for Greece to secure its second bailout of $130billion by applying a ...
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Showing 4851 to 4855 news of total 6871 |
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- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- PTC India Limited - India
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Minerals Council of Australia
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Anglo American - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
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