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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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Tuesday, 26 October 10
INDONESIA SHIPPED 5.32 PERCENT LESS COAL IN SEPTEMBER 10
COALspot.com: Indonesia, the world largest coal exporter, shipped 21,661,817 MT of coal in September 2010, which is 5.32 percent lesser than Au ...
Tuesday, 26 October 10
DRY BULK MARKET TO KEEP RISING THIS WEEK ON STRONG CHINESE IRON ORE AND THERMAL COAL DEMAND - HELLENIC SHIPPING
Overcapacitated or not, the dry bulk market keeps its positive momentum as we move forward this week, with the Baltic Dry Index (BDI) rising by 0.77 ...
Monday, 25 October 10
TWO CHINESE COMPANIES INK DEAL TO TAP AUSSIE COAL RESERVES
China Daily reportd that, two Chinese coal firms have teamed up to explore and develop coal resources in an area in Australia that has forecast rese ...
Monday, 25 October 10
DRY BULK MARKET STILL HEAVILY DEPENDENT ON CHINA, POSTS SMALL WEEKLY LOSS OF 1.27% - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With every twitch and turn from China’s metals industry, the dry bulk market is disproportionally affected, as evidenced by the course of the ...
Sunday, 24 October 10
SUPRAMAX VESSELS BEING FIXED AROUND $ 15 K PER DAY DELIVERY N. CHINA FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SHIPPING
COALspot.com: The freight market this week remained almost at same levels with not much change. However the Far East/SE Asia market was quite soft w ...
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Showing 5551 to 5555 news of total 6871 |
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- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- GMR Energy Limited - India
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- Bayan Resources Tbk. - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
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