We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 17 July 10
THE DRY BULK MARKET CONTINUED THE DOWNWARD TREND - VISTAAR
 COALspot.com: The indices continued the downward trend this week also with BDI at 1,720 points and cape size index at 1676 points and the charter rates at US$ 12,495 per day.
However towards end of the week , the BDI, BCI and BPI index was up and the overall sentiment seemed up. The futures also in all categories moved up compared to last week. The Panamax was up by 7.61 pct where as Supramax index was down by 8.15 pct. The handy size index was down by 5.88 pct.
BDI (Baltic Dry Index Changes)
|
|
BALTIC DRY INDEX CHANGE
|
|
|
This week
|
Last week
|
Change
|
Change %
|
|
Baltic Dry Index
|
1720
|
1902
|
182 ¯
|
-9.57
|
|
Baltic Cape Index
|
1676
|
2102
|
426 ¯
|
-20.27
|
|
Baltic Panamax Index
|
2092
|
1944
|
148 ↑
|
-7.61
|
|
Baltic Supra Index
|
1669
|
1817
|
148 ¯
|
-8.15
|
|
Baltic Handy size Index
|
994
|
1003
|
59 ¯
|
-5.88
|
|
As of 16 July 2010
|
|
The poor demand of iron ore and coal by china seems to be the main reason for the soft market. With the steel prices still under pressure the iron ore imports may not increase much.
The iron ore ex. India has been extremely low and several ships have been seen ballasting out of India. It will be interesting to see whether the increase in the BDI and BCI will continue and how long will it be able to hold.
The average charter hire was at Cape/US$ 12,495 per day, Panamax/US$ 16,839 per day, Supramax/US$ 17,448 per day and Handy size/US$ 13,859 per day.
The Supramax index in the Fareast (S6 route) was down by US$ 1,270 per day and closed at US$ 16,810 per day. The ECI/China (S7) route further softened by US$ 2,202 per day and closed at US$ 15,165 per day . The S6 route is likely to firm up next week.
The futures for three years (2010-2012) was at around Cape/US$ 24,000 per day, Panamax/US$ 19,000 per day, Supramax/US$ 17,000 per day, Handy size/US$ 13,000 per day.
The congestion in EC Australian ports was at 121 vessels this week (last week 116 vessels). The vessels waiting at main coal loading ports were at Hay point/4, DBCT/59, Gladstone/10, Abbot Point/nil, New Castle/47 vessels, Pot Kembla/1 vessel. On the WC Australia iron ore vessels waiting increased to 31 vessels (last week 40 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 almost at same levels at usd 75.20 per barrel (last week usd 75.61 per barrel). The bunker prices also firmed up and IFO (380 pcrices) ex Singapore and was at usd 446.00 pmt (ifo 380 cst ex Singapore) on 16th 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.
|
|
Saturday, 14 August 10
INDONESIAN THERMAL COAL PRICES EXPECTED TO MOVE UP IN SEPTEMBER 2010 - CHAIRMAN ICMA
COALspot.com: Indonesian Coal Mining Association is expecting, the Indonesian and international coal prices will increase, and will be reached ...
Thursday, 12 August 10
ETA STAR INDIA PUTS FORWARD COAL MINING PLAN FOR TETE, MOZAMBIQUE, IN 2011
ETA Star India Projects Pvt, which is carrying out coal prospecting and surveying work in the Moatize coal region, in Tete province, will present it ...
Thursday, 12 August 10
SUPRAS WERE FIXED IN THE MID/HIGH TEENS FOR INDO-INDIA TRIPS - FEARNBULK
Handy
Activity is gradually picking up in the Atlantic with more enquiries seen for short period tonnage for the end of August. With the grain sea ...
Thursday, 12 August 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 94.86 FOR AUGUST 2010 SUPPLIES
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Wednesday, 11 August 10
BRAZILIAN GIANT VALE LOOKING TO BOOST ITS COAL OUTPUT
BRAZILIAN mining giant Vale is not content with being the world's largest iron ore miner. The miner is banking on ambitious growth plans to see it ...
|
|
|
Showing 5666 to 5670 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Planning Commission, India
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- The University of Queensland
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
|
| |
| |
|
