We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 31 July 10
SEEMS THE FREIGHT MARKET WOULD BE FAIRLY STABLE FOR H2 2010 - VISTAAR
COALspot.com: The BDI continued moving up since 16th July and rise by 14 pct almost touching 2000 points.
The BDI was up by 7.72 pct last week whereas Cape and Panamax was almost up by 12 pct. The Supramax and Handy size moved up only marginally by 0.86 pct and 3.27 pct respectively. Overall the futures saw a strong recovery. However towards end of the week the futures seemed soft. The iron ore prices and steel prices seems to be picking and showing signs of recovery. Seems the market would be fairly stable/firm balance period for 2010.
BDI (Baltic Dry Index Changes)
|
|
BALTIC DRY INDEX CHANGE
|
|
|
This week
|
Last week
|
Change
|
Change %
|
|
Baltic Dry Index
|
1967
|
1826
|
141↑
|
7.72
|
|
Baltic Cape Index
|
1922
|
1708
|
214 ↑
|
12.53
|
|
Baltic Panamax Index
|
2632
|
2362
|
270↑
|
11.43
|
|
Baltic Supra Index
|
1760
|
1745
|
15↑
|
0.86
|
|
Baltic Handy size Index
|
1010
|
978
|
32 ↑
|
3.27
|
|
As of 30 July 2010
|
|
The average charter hire was at Cape/$ 14965 per day, Panamax/$ 21155 per day, Supramax/$ 18401 per day and Handy size/$ 14828 per day.
The Supramax index in the Fareast (S6 route) was up only by $ 294 per day and closed at $ 18,171 per day. The ECI/China (S7) route also increased by $ 700 per day and closed at $ 16,927 per day . The S6 and S7 routes seemed to be slightly soft this week compared to previous week.
The futures for three years (2010-2012) was firm for cape and panamax vessels and was at around Cape/$ 26,000 per day, Panamax/$ 21,155 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 $ 21-22,000 per day with delivery feast.
The congestion in EC Australian ports was at 126 vessels this week (last week 123 vessels ). The vessels waiting at main coal loading ports were at Hay point/7, DBCT/63, Gladstone/1, Abbot Point/1, New Castle/52 vessels, Port Kembla/2 vessels. On the WC Australia iron ore vessels waiting reduced to 27 vessels (last week 33 vessels).
The waiting at majority of Indian ports for coal vessels was quite normal around 3/4 days excepts some ports up to 6/7 days.
The Brent crude prices was firm up at $ 78.24 per barrel (last week $ 77.57 per barrel). However the bunker prices was almost at same levels IFO ex. Singapore and was at $ 445.50 pmt (IFO 380 cst ex Singapore) on 30th 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.
|
|
Friday, 23 July 10
THE PANAMAX MARKET HAS CONTINUED ITS SLOW CLIMB - FEARNLEYS
Handy
Continued flat Atlantic markets and over-supply of tonnage across all segments on spot basis. Nevertheless there is more fresh enquiry on Co ...
Friday, 23 July 10
KPMG INDIA FACES COAL DEFICIT OF 50% OF EXPECTED POWER PLANT DEMAND, SAYS - BLOOMBERG
Bloomberg reported that, India may face a coal shortfall of 189 million metric tons a year by 2015, about 50 percent of the power sector’s exp ...
Thursday, 22 July 10
BERAUS IPO NEXT MONTH CAN BECOME THE LARGEST THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s fifth largest coal miner PT Berau Coal Energy Tbk will launch its initial public offering (IPO) ne ...
Thursday, 22 July 10
DRY BULK MARKET EDGES HIGHER, BUT RECOVERY IS SLOW
The dry bulk market’s recovery, which started last Friday has sustained its momentum thus far, but the pace of it seems to be an agonizing one ...
Wednesday, 21 July 10
CHARTER RATES FOR BIG SHIPS GO INTO FREEFALL
It is reported that concerns over the slowdown in the mainland construction sector posturing over ore price negotiations and a general summer slowdo ...
|
|
|
Showing 5706 to 5710 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- London Commodity Brokers - England
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Planning Commission, India
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Parliament of New Zealand
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- The University of Queensland
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
|
| |
| |
|