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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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Wednesday, 20 October 10
CANADIAN CHALLENGER ACQUIRES INDONESIAN COAL PROJECT
COALspot.com (Press Release): According to Challenger Deep Resources Corp's website and press release posted on the site, Challenger Deep Res ...
Wednesday, 20 October 10
ADANI THE LARGEST COAL IMPORTER OF INDIA IS NEGOTIATING WITH COAL INDIA LIMITED FOR A SUPPLY AGREEMENT - TOP NEWS
Top News reported that, negotitations are very much on between Adani Enterprises, the biggest coal importer of the country and Coal India Limited, t ...
Wednesday, 20 October 10
UAE FIRM IN INDONESIA RAIL DEAL - GULF NEWS
Gulf News reported that, construction of a 140-kilometre railway in Indonesia, initiated by RAK Minerals and Metals Investments (RMMI) will start ne ...
Wednesday, 20 October 10
CAPESIZES FINDING SUPPORT IN IRON ORE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the beginning of the week wasn’t the rosiest one for the dry bulk market, last week proved a cheerful one for dry bulk ship owners, e ...
Saturday, 16 October 10
BDI WAS MARGINALLY UP BY 2.45 PCT LAST WEEK - VISTAAR SHIPPING
COALspot.com: The BDI seemed to lose the moment compared to last week and was marginally by 2.45 pct and closed at 2,762 points.
Also the Cape in ...
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Showing 5561 to 5565 news of total 6871 |
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- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Planning Commission, India
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Australian Coal Association
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- The University of Queensland
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
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