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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, 04 August 10
MALAYSIA'S AGATE GROUP TIES UP WITH INDIA'S ECOGREEN TO DEVELOP COAL BUSINESS
COALspot.com: "Malaysian based AGATE Group had entered into an agreement with India's EcoGreen to jointly develop coal business in India ...
Wednesday, 04 August 10
ADARO PRODUCED 21.62 MILLION TONS OF COAL IN 1H 2010
COALspot.com: “Adaro Energy’s production volume during the second quarter of 2010 was 10.26 million tones and for the first half of 2010 ...
Wednesday, 04 August 10
CIL TO TAKE UP NEW PROJECT TO MEET INCREASED DEMAND OF COAL
As part of Annual Plan 2010-11, Planning Commission has projected all India demand of coal 656.31 Million Tonnes against which the indigenous supply ...
Tuesday, 03 August 10
INDONESIA CONSIDERING RUPIAH DENOMINATION
The jakarta post reportd that, the central bank is deliberating a potential Rupiah denomination in light of decreasing exchange rate valuations agai ...
Monday, 02 August 10
DRY BULK MARKET NEEDS TO FIND ADDITIONAL SUPPORT IN AUGUST
The dry bulk market ended another week of rebounding, posting on Friday its 11th straight rise. Still, as analysts point out the rate of this rise h ...
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Showing 5681 to 5685 news of total 6871 |
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- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Parliament of New Zealand
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- Australian Coal Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
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