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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, 30 September 10
INDONESIAN COAL FOR POWER PLANT - LANKA GAZETTE
Lanka Gazette reported that, A cargo vessel with coal on board to generate electricity for the Norochcholai Coal Power Plant will arrive in Sri Lank ...
Thursday, 30 September 10
DRY BULK MARKET HEADS SOUTH ONCE MORE WITH MARKET SENTIMENT TAKING A CAUTIOUS APPROACH - HELLENIC SHIPPING
The dry bulk market didn’t manage to maintain the slightly upward momentum it had established during the first two session of the week, with t ...
Wednesday, 29 September 10
MOZAMBIQUE: COAL IN THREE MORE TETE DISTRICTS
All africa reported that, Coal deposits have been confirmed in the districts of Changara, Cahora Bassa and Magoe, in the western Mozambican province ...
Tuesday, 28 September 10
MMTC TO AWARD CONTRACT TO CEPL AND KNOWLEDGE TO SUPPLY 0.835 MILLION TONS OF IMPORTED COAL
COALspot.com: MMTC, India’s state owned trading company has opened three coal purchase tenders today.
According to our market sources, Coas ...
Monday, 27 September 10
DRY BULK: FREIGHT RATES CONTINUE TO FALL ON LOW ACTIVITY - HELLENIC SHIPPING
The dry bulk market didn’t manage to change its fortunes during the past week, with holidays across many Asian countries, predominantly China, ...
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Showing 5591 to 5595 news of total 6871 |
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- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
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