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Sunday, 15 August 10
THE FREIGHT MARKET IS EXPECTED TO REMAIN FIRM - CAPT REDDY
 COALspot.com: The BDI rose by almost 22 pct despite peak holiday season which is usually quite market , where as the BCI up sharply by 46 pct which is the main reason for jump in BDI.
The BDI rose by almost 22 pct despite peak holiday season which is usually quite market , where as the BCI up sharply by 46 pct and closed at 3210 points increase of 1016 point last week, which is the main reason for jump in BDI. The panamax and Supramax was also up by about 11 pct and 6 pct respectively. The handy size index was up by 4.11 pct.
"The market is expected to remain firm for next couple of weeks, as the iron ore movement is likely to increase', says Capt. Reddy, Director of Vistaar Shipping Singapore, an experienced ship operator in Singapore and India.
He further said, "The steam coal import by India and China is also likely to be strong and would keep the freight market stable/firm".
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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2468
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2030
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438
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↑
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21.58
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Baltic Cape Index
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3210
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2194
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1016
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↑
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46.31
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Baltic Panamax Index
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2864
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2581
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283
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↑
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10.96
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Baltic Supra Index
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1831
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1731
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100
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↑
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5.78
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Baltic Handy size Index
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1014
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974
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40
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↑
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4.11
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As of 13 August 2010
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“The steam coal import by India and China is also like to keep the freight market stable”, he further added.
The average charter hire was at Cape/$ 29956 per day, Panamax/$ 23013 per day, Supramax/$ 19149 per day and Handy size/$ 14882 per day.
The Supramax index in the Fareast (S6 route) was up by $ 669 per day and closed at $ 18300 per day. The ECI/China (S7) route also increased by $ 543 per day and closed at $ 18662 per day . The S6 and S7 routes likely to be steady/firm.
The futures for three years (2010-2012) was firm for cape and panamax vessels and was at around Cape/$ 27000 per day, Panamax/$ 21000 per day, Supramax/$ 18500 per day and Handy size/$ 14000 per day.
Short period and one year period rates for Supramax vessels was around $ 21000 per day with delivery far east.
The congestion in EC Australian ports was at 127 vessels this week (last week 124 vessels ). The vessels waiting at main coal loading ports were at Hay point/10, DBCT/60, Gladstone/4, Abbot Point/5, New Castle/41 vessels, Port Kembla/2 vessels. On the WC Australia iron ore vessels waiting further reduced to 19 vessels (last week 17 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
The Brent crude prices was down and closed at $ 75.33 per barrel(last week $ 80.39 per barrel). The bunkers prices softened and the prices ex Singapore and was at $ 444.50 pmt (ifo 380 cst ex Singapore) on 13th 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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Thursday, 09 December 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 103.41 PMT FOR DECEMBER DELIVERY
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Thursday, 09 December 10
DRY BULK MARKET LOOKING FOR DIRECTION THIS WEEK, AS CAPESIZE SHIPS END THEIR MISFORTUNES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk has began the week on a positive note capitalizing on the positive sentiment which finally prevailed during the last days of the previo ...
Monday, 06 December 10
NTPC MAY OPT FOR INDONESIA OVER AFRICA, OZ FOR COAL MINES
Country's largest power producer NTPC, which is scouting for coal properties abroad to fuel its power plants back home, may zero in on Indonesia fo ...
Saturday, 04 December 10
INDONESIA TO INDIA AND CHINA SEA FREIGHT UP BY ABOUT US$ 2.50 PMT - CAPT. REDDY
COALspot.com - The freight market even though remained weak, but towards end of the week the market seemed to firm up.
The BDI was almost at sam ...
Saturday, 04 December 10
OFF WEST COAST OF INDIA TONNAGE IS SEEMINGLY QUITE SPARSE - FEARNBULK
Handy
The Atlantic markets are weak and remained unusually calm after the Thanksgiving ...
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Showing 5501 to 5505 news of total 6871 |
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- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Australian Coal Association
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
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