We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 03 July 10
THE FREIGHT MARKET CONTINUES TO BE UNCERTAIN - CAPT. REDDY
COALspot.com: The market continues to soften and the most affect sector was Panamax which was down by almost 20 pct and closed at 2447 points. The Cape index seemed to be bottoming and was only down by 90 points down by 3.31 pct.
The BDI was down by 8.83 pct and closed at 2,280 points. The Supramax and Handy size index was down by 5.98 pct and 5.41 pct respectively. The market continues to be uncertain, with the Atlantic market quite soft and almost same as the Feast market. In the Fareast/India segment , the iron movement from India is severely affected , partly due to monsoons but there seems to be slowing down of imports by China.
BDI (Baltic Dry Index Changes)
|
|
BALTIC DRY INDEX CHANGE
|
|
|
This week
|
Last week
|
Change
|
Change %
|
|
Baltic Dry Index
|
2280
|
2501
|
221¯
|
-8.83
|
|
Baltic Cape Index
|
2617
|
2717
|
90 ¯
|
-3.31
|
|
Baltic Panamax Index
|
2447
|
3045
|
598 ¯
|
-19.63
|
|
Baltic Supra Index
|
1995
|
2122
|
127 ¯
|
-5.98
|
|
Baltic Handy size Index
|
1118
|
1182
|
64 ¯
|
-5.41
|
|
As of 2 July 2010
|
|
The average charter hire was at Cape/usd 23,469 pday, Panamax/usd 19,719 pday, Supramax/usd 20,862 pday and Handy size/usd 16,337 pday.
The Supramax index in the Fareast (S6 route) was down by usd 623 pday and closed at usd 19,586 pday. The ECI/China (S7) route softened by usd 875 pday and closed at usd 19,348 pday and seems both these routes are likely to soften further next week.
The futures for three years (2010-2012) was at around Cape/usd 27,000 pday, Panamax/usd 20,000 pday, Supramax/usd 17,500 pday, Handy size/usd 14,000 pday.
The congestion in EC Australian ports was at 116 vessels this week (last week 126 vessels ). The vessels waiting at main coal loading ports were at Hay point/8, DBCT/48, Gladstone/6, Abbot Point/2, New Castle/52 vessels, Pot Kembla/Nil vessel. On the WC Australia iron ore vessels waiting increased to 34 vessels (last week 28 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 Paradip.
The Brent crude prices was sharply down at usd 71.84 per barrel (last week usd 78.40 per barrel). The bunker prices was soft and IFO (380 prices) ex Singapore and was at usd 423 pmt (ifo 380 cst ex Singapore) on 2nd July 2010.
Click here for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 30 June 10
U.S. STEAM COAL EXPORTS TO SUPPORT FREIGHT RATES
Booming North American coal exports to China, driven by the country's insatiable need for steel raw materials, will provide support to freight rate ...
Tuesday, 29 June 10
EXPORT LETTER OF CREDIT PLAN DUMPED - THE JAKARTA GLOBE
The Jakartaglobe reported that, Indonesia has canceled a proposed regulation that would have required exporters of commodities such as cocoa, coffee ...
Tuesday, 29 June 10
BUMA TO MOVE AROUND 333 MLN BCM OF OVERBURDEN IN 2010
COALspot.com: PT Delta Dunia Makmur Tbk, holding company of Indonesia's second largest coal mining contractor PT Bukit Makmur Mandiri Utama (BUMA), ...
Tuesday, 29 June 10
DRY BULK'S DOWNFALL FINALLY SHOWING SIGNS OF STABILIZATION
Although the dry bulk market has begun the week where it left off, that is on a downward note, brokers and charterers appear to be on the consensus ...
Monday, 28 June 10
REVISIONS SHOULD AIM MINERAL AND COAL LAW
VIVAnews reported that, the Consortium of Mineral, Coal and Geothermal-Producing Regional Governments (Minerbapabum) is asking the government to per ...
|
|
|
Showing 5751 to 5755 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Coastal Gujarat Power Limited - India
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
|
| |
| |
|