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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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Friday, 20 August 10
POWER COS SEEK MINING PARTNERS TO BID FOR 1,920-MW PROJECT
"A joint venture between the Maharashtra and Tamil Nadu governments for a pit-head power project, has been allotted the biggest coal block yet ...
Thursday, 19 August 10
INDONESIA EXPORTED 5.93 MLN TON OF COAL TO CHINA AND 3.52 MLN TONS TO INDIA IN JULY
COALspot.com: Indonesia shipped 3.52 million tones of thermal coal to India in July, fell 25.39 percent compared to June's exports of 4.71 million ...
Thursday, 19 August 10
WBPDCL INDIA LAUNCHES SPOT COAL TENDER
COALspot.com: The West Bengal Power Development Corporation Limited (WBPDCL ), A Govt. of West Bengal Enterprise, has launched spot contract tender ...
Thursday, 19 August 10
PANAMAX BACKED BY A STRONGER SHORT PERIOD MARKET AND SUPPORTED BY SOME FRESH REQUIREMENTS - FEARNBULK
Handy
The events of this week have confirmed our assessment of last week i.e. activity gradually picked up in the Atlantic with more enquiry seen ...
Thursday, 19 August 10
CSC TO SHIP COAL FOR NOROCHCHOLAI POWER PLANT
Daily Mirror reported that, coal for the Norochcholai Power Plant will be shipped to the country by the Ceylon Shipping Corporation (CSC) officials ...
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Showing 5656 to 5660 news of total 6871 |
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- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Minerals Council of Australia
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- PTC India Limited - India
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- The University of Queensland
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
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