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.
|
|
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 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- PTC India Limited - India
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
|
| |
| |
|
