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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, 22 November 11
NTPC TO BUY 2 MMT OF IMPORTED COAL FOR ITS FOUR PLANTS
COALspot.com - NTPC Limited, incorporated in 1975 as a public sector company wholly owned by Government of India, the largest thermal power generati ...
Tuesday, 22 November 11
ABM INVESTAMA SETS IPO AT RP 3,750
Insider Stories reported that, Integrated energy company PT ABM Investama Tbk has determined the IPO price at Rp3,750 (approximately US$ 0.415) per ...
Tuesday, 22 November 11
A SURPRISINGLY STRONG WEEK FOR THE CAPES - BRS
Positive gains for most of the segments this week, the exception being the Handysizes. Overall the BDI ended the week at 1,895 points (+3.3% week-on ...
Tuesday, 22 November 11
APPETITE FOR DRY BULK VESSELS SLOWS DOWN AT THE START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was down at the beginning of the week, as demand for Capesize vessels was particularly low. The industry’s benchmark, the ...
Monday, 21 November 11
CAPESIZES DRIVE MARKET LOWER, ANALYSTS DIVIDED ON DRY BULK OUTLOOK IN THE LONG RUN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market ended the week on a sour note, with the industry’s benchmark heading downwards to 1,895 points, which represented a slight ...
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Showing 4966 to 4970 news of total 6871 |
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- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Coastal Gujarat Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Australian Coal Association
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
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