We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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)
|
BALTIC DRY INDEX CHANGE
|
|
|
This week
|
Last week
|
Change
|
Change %
|
|
Baltic Dry Index
|
2030
|
1967
|
63↑
|
3.2
|
|
Baltic Cape Index
|
2194
|
1922
|
272 ↑
|
14.15
|
|
Baltic Panamax Index
|
2581
|
2632
|
51↓
|
-1.94
|
|
Baltic Supra Index
|
1731
|
1760
|
29↓
|
-1.65
|
|
Baltic Handy size Index
|
974
|
1010
|
36↓
|
-3.56
|
|
As of 6 August 2010
|
|
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)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 27 January 12
DEMOLITION ACTIVITY NEEDS TO INCREASE SIGNIFICANTLY THIS YEAR AS WELL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The oversupply of vessels in most shipping sectors is so intense that it’s become clear to ship owners that unless they scrap as many of their ...
Thursday, 26 January 12
ABM INVESTAMA SEALS US$100 MIO CONTRACT - INSIDER STORIES
Insider Stories reported that, PT Reswara Minergi Hartama, a subsidary of PT ABM Investama Tbk (ABMM), has sealed a 2 million tons of coal export co ...
Thursday, 26 January 12
DRY BULK MARKETS DOWNFALL KNOWS NO LIMITS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s demise seems to have no visible end, as China’s Lunar Year Holidays continue this week, thus leaving demand with n ...
Wednesday, 25 January 12
CLEAN AND CLEAR MINING PERMITS TO BE COMPLETED END OF 2012 - BISNIS.COM
Bisnis.com reported that, the government plans to announce 700 mining permits with "clean and clear" status without overlapping on other p ...
Tuesday, 24 January 12
ANOTHER SEVERE DROP IN THE CAPESIZE - BRS
The lunar year celebrations and the high number of new building deliveries (more than 35 Capes so far in January as owners push 2011 deliveries into ...
|
|
|
Showing 4871 to 4875 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Minerals Council of Australia
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Economic Council, Georgia
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Meenaskhi Energy Private Limited - India
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
|
| |
| |
|
