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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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Saturday, 02 October 10
FOUR INDONESIAN COAL FIRMS KEEN TO TIE UP WITH NALCO - SIFY
Sify reported that, Four Indonesian coal companies have shown interest to tie up with public sector National Aluminium Company (Nalco) for its 4 bil ...
Friday, 01 October 10
COAL TRADERS POWER FOREIGN ASSET BUYS - ECONOMIC TIMES
Economic Times reported that, the rush to own coal assets is leading to innovative alliances. are teaming up with utilities like , Reliance Power an ...
Thursday, 30 September 10
LOW CALORIFIC VALUE COAL MAY BE SOLD BELOW COAL REFERENCE PRICE IN INDONESIA
COALspot.com: Indonesia, the world’s largest coal exporter has issued another ministerial decree to regulate the selling price of coal of Indo ...
Thursday, 30 September 10
INITIAL PHASE OF MOATIZE MINING BY EARLY NOVEMBER - ALL AFRICA
All Africa report that, the initial phase of mining coal at Moatize, in the western Mozambican province of Tete, will begin by early November, and t ...
Thursday, 30 September 10
THE PANAMAX CONTINUED ITS DOWNWARD TREND FROM LAST WEEK - FEARNBULK
HANDY
Activity remains slow this week combined with a lack of fresh enquiry and tonnage over-supply in the Atlantic. Indexes are all negative exce ...
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Showing 5586 to 5590 news of total 6871 |
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- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- Minerals Council of Australia
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Aditya Birla Group - India
- PTC India Limited - India
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- The University of Queensland
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Posco Energy - South Korea
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Australian Coal Association
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
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