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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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Monday, 26 April 10
COAL INDIA NEARS PORT DEAL WITH VIZAG STEEL - DNA
DNA India reported that, Coal India Ltd (CIL), the country’s largest coal producer, is close to signing a deal to acquire space at Vizag Steel ...
Sunday, 25 April 10
THE WAITING AT INDIAN PORTS FOR COAL VESSELS WAS QUITE NORMAL - VISTAAR
COALspot.com: The BDI remained unchanged this week and all other sectors also the change was not much.
The cape index continued to move up and wa ...
Saturday, 24 April 10
NTPC TO BUY COAL MINES IN KAZAKHSTAN - TELEGRAPH INDIA
Telegraph India reported that, NTPC Ltd plans to acquire coal mines and operate two thermal power plants in Kazakhstan.
“We are exploring t ...
Saturday, 24 April 10
CHINA'S COAL IMPORTS DOUBLE IN MARCH
China's General Administration of Customs said that the country imported 15.22 million tons of coal last month, more than double the amount it impo ...
Friday, 23 April 10
KPCL EYES MINE IN INDONESIA - BUSINESS STANDARD
Business-Standard reported that, Karnataka Power Corporation Ltd (KPCL), the state-owned power generator, is exploring the possibility of acquiring ...
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Showing 5861 to 5865 news of total 6871 |
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- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Australian Coal Association
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
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