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Saturday, 29 May 10
FREIGHT MARKET SEEMS TO BE STABILIZING - CAPT. REDDY
 COALspot.com: The week was clearly for Cape which went up by almost 21 pct . The BDI was up only by 6 pct.
The other sectors were under pressure and the Panamax/Supramax and Handy size index was down by 7.19 pct , 3.65 pct and 2.57 pct respectively. The market seems to be stabilizing and the firmness which was seen in the Panamax and Supramax sector for last couple of weeks has weakened.
"Overall with the financial markets in turmoil the market has been very unsteady. It appeared that the cargo stems out of Indonesia and Australia were less", said Capt. Reddy, MD of Vistaar Shipping, Singapore.
BDI (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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4078
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3844
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234 ↑
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6.09
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Baltic Cape Index
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5217
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4317
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900 ↑
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20.85
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Baltic Panamax Index
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4247
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4576
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329 ¯
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-7.19
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Baltic Supra Index
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2982
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3095
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113 ¯
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-3.65
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Baltic Handy size Index
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1477
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1516
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39 ¯
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-2.57
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As of 28 May 2010
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The average charter hire was at Cape/US$ 57,095 per day, Panamax/ US$ 34,083 per day, Supramax/ US$ 31,176 per day and Handy size/ US$ 21,408 per day.
The Supramax index in the Fareast (S6 route) was down by US$ 696 per day and closed at US$ 26,234 per day. The ECI/China (S7) route softened by US$ 4,179 per day and closed at US$ 27,200 per day and is likely to soften further.
The futures for three years (2010-2012) was at around Cape/ US$ 32,000 per day, Panamax/ US$ 21,500 per day, Supramax/ US$ 19,000 per day, Handy size/ US$ 14,000 per day.
The congestion in EC Australian ports was at 128 vessels this week (last week 117 vessels ). The vessels waiting at main coal loading ports were at Hay point/14, DBCT/63, Gladstone/11, Abbot Point/Nil, New Castle/16 vessels, Port Kembla /1 vessel. On the WC Australia iron ore vessels waiting increased to 42 vessels (last week 26 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days except that congestion starting to increase at Visakhapatnam and Haldia in addition to Paradip.
The Brent crude prices was slighlty up at US$ 74.14 per barrel (last week US$ 71.72 per barrel). The prices of bunkers was quite soft during later part of the week and closed at US$421 pmt (IFO 380 CST ex. Singapore) on 28th May 2010.
CLICK HERE for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
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Wednesday, 02 June 10
PLN TO DEVOUR 133 PERCENT MORE COAL IN NEXT FIVE YEARS
The Jakarta globe reported that, State electricity company PT Perusahaan Listrik Negara will more than double the amount of coal it uses over the ne ...
Tuesday, 01 June 10
LANCO INFRATECH PLANS POWER PROJECTS IN COASTAL REGIONS
My digital reported that, Hyderabad-based Lanco Infratech will set up power projects in coastal regions based on imported coal. The company is ...
Monday, 31 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE SHORTENS
Business week reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel used in powe ...
Friday, 28 May 10
BERAU COAL GROUP SEEKS US$ 700 M LOAN
PT Bukit Mutiara has decided to revise down its bond issue from US$600 million to US$400 million. In total, it is seeking US$700 million of debt, co ...
Friday, 28 May 10
CHINESE BAN TO HIT INDIAN IRON ORE EXPORTS
Nearly half of India's iron ore exports to China are in serious danger of being wiped out. The local government has imposed a ban on import of low ...
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Showing 5801 to 5805 news of total 6871 |
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- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Planning Commission, India
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- The University of Queensland
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
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