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Saturday, 24 July 10
THE BDI SEEMS TO BE RECOVERING AND WAS UP BY ABOUT 6 PCT - CAPT. REDDY
COALspot.com: "The BDI seems to be recovering and was up by about 6 pct this week after losing for almost last 7 weeks", said Capt. Reddy, Director Vistaar Shipping, Singapore. The BDI started to fall from 26th May 2010 when it was at 4,209 points and reached 1,720 points on 15th July 2010 , which is almost a drop of 60 pct.
However, seems that the market is recovering finally and all sectors have move up.
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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1826
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1720
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106 ↑
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6.16
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Baltic Cape Index
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1708
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1676
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32 ↑
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1.91
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Baltic Panamax Index
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2362
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2092
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270 ↑
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12.91
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Baltic Supra Index
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1745
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1669
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76 ↑
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4.55
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Baltic Handy size Index
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978
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994
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34 ↑
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3.60
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As of 23 July 2010
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The cape index recovered by about 2 pct and was at 1708 points , whereas the Panamax index saw a healthy rise of about 13 pct and closed at 2,362 points. The Supramax and Handy size also increased by 4.55 pct and 3.60 pct respectively. The market seems to be recovering and seems likely to go up for next few weeks.
The futures rates was also at healthy levels and there was significant increase especially for Q4 2010. The pressure on iron ore out of India was still there , but there were signs of slight improvement compared to last week.
The average charter hire was at Cape/$ 12,755 per day, Panamax/$ 18,997 per day, Supramax/$ 18,250 per day and Handy size/$ 14,349 per day.
The Supramax index in the Fareast (S6 route) was up by $ 1,067 per day and closed at $ 17,877 per day. The ECI/China (S7) route also increased by $ 1,062 per day and closed at $ 16,227 per day . The S6 and S7 routes is expected to improve and remain firm next week.
The futures for three years (2010-2012) was at around Cape/$ 24,000 per day, Panamax/$ 19,500 per day, Supramax/$ 18,000 per day, Handy size/$ 13,500 per day. Short period and one year period rates for Supramax vessels was around $ 20,000 per day with delivery feast.
The congestion in EC Australian ports was at 123 vessels this week (last week 121 vessels ). The vessels waiting at main coal loading ports were at Hay point/8, DBCT/58, Gladstone/3, Abbot Point/nil, New Castle/54 vessels, Port Kembla/nil vessel. On the WC Australia iron ore vessels waiting increased to 33 vessels (last week 31 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
The Brent crude prices was sharply up at $ 77.57 per barrel (last week $ 75.20 per barrel). The bunker prices also firmed up and IFO ex Singapore and was at $ 450.50 pmt (ifo 380 cst ex Singapore) on 23rd July 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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Tuesday, 27 July 10
INDIA HAS IMPORTED 1.5 MILLION TONS OF COAL LAST WEEK
COALspot.com: Coal imports in Indian ports have reached over 1.5 million tons for the week ended 25 July 2010. According to port agents, aroun ...
Tuesday, 27 July 10
DRY BULK SPOT CARGO DEMAND SHARPLY UP, TRIGGERING RISE IN RATES
Hot on the heels of the dry bulk market’s first weekly gain in almost two months, Monday began on a similar note, with the Baltic Dry Index (B ...
Tuesday, 27 July 10
KANGAROO RESOURCES INKS 297MT COAL RESOURCE FOR TANUR JAYA PROJECT
Kangaroo Resources has reported JORC Code compliant open cut Coal Resources totalling 297 million tonnes for the Tanur Jaya Coal Project in East Kal ...
Monday, 26 July 10
INDONESIAN COAL PRICE REFERENCE FOR JULY 2010 IS US$ 96.65 PER TON FOB VESSEL
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Monday, 26 July 10
BHATIA INTERNATIONAL, MIGHT GRAB THE MAJORITY OF COAL SUPPLY ORDER FROM MAHAGENCO
COALspot.com: Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, has received price bids from ...
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Showing 5696 to 5700 news of total 6871 |
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- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Deloitte Consulting - India
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- White Energy Company Limited
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
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