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Saturday, 07 August 10
INDIAN COAL IMPORTS WILL PLAY AN IMPORTANT PART IN KEEPING THE FREIGHT MARKET FIRM IN FUTURE - VISTAAR
 COALspot.com: The freight market was volatile with market ending firmed and the BDI crossing 2000 points up by 3 pct, however the BCI was up by 14 pct closing at 2194 points. The panamax and Supramax was slightly down by 1.94 pct and 1.65 pct respectively, whereas handy size index was down by 3.56 pct.
Towards the end of the week the market seemed to be firmer with all the futures ending firmer. Chinese iron ore and coal imports are expected to improve towards fourth quarter 2010. The indian coal imports are likely to continue to be strong and will play an important part in keeping the freight market firm.
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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2030
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1967
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63↑
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3.2
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Baltic Cape Index
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2194
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1922
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272 ↑
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14.15
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Baltic Panamax Index
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2581
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2632
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51↓
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-1.94
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Baltic Supra Index
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1731
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1760
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29↓
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-1.65
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Baltic Handy size Index
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974
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1010
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36↓
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-3.56
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As of 6 August 2010
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The average charter hire was at Cape/$ 18422 per day, Panamax/$ 20733 per day, Supramax/$ 18096 per day and Handysize/$ 14307 per day.
The supramax index in the Fareast (S6 route) was down by $ 540 per day and closed at $ 17631 per day. The ECI/China (S7) route was also increased by $ 1192 per day and closed at $ 18119 per day. The S6 and S7 routes are likely to be steady/firm.
The futures for three years(2010-2012) was firm for cape and panamax vessels and was at around Cape/$ 26000 per day, Panamax/$ 21000 per day, Supramax/$ 18500 per day, Handy size/$ 13500 per day. Short period and one year period rates for Supramax vessels were around $ 20-21000 per day with delivery feast.
The congestion in EC Australian ports was at 124 vessels this week (last week 126 vessels). The vessels waiting at main coal loading ports were at Hay point/6, DBCT/65, Gladstone/5, Abbot Point/3, New Castle/43 vessels, Port Kembla/2 vessels. On the WC Australia iron ore vessels waiting further reduced to 17 vessels (last week 27 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
The Brent crude prices was firm touching above $ 82 per barrel and closed at $ 80.39 per barrel (last week $ 78.24 per barrel). The bunkers prices also firmed up by about $ 20 pmt and prices ex Singapore and was at $ 465.50 pmt (IFO 380 cst ex Singapore) on 6th August 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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Wednesday, 18 August 10
MADHUCON TO START MINING AT SUMATRA BLOCK IN 2-3 MONTHS
DNA India reported that, Hyderabad-based Madhucon Projects is set to begin mining at one of its coal blocks in Indonesia in 2-3 months, said S Vaiku ...
Tuesday, 17 August 10
HANDIES AND SUPRAS WOKE UP AGAIN AFTER SEVERAL WEEKS OF LETHARGY - BRS
A spectacular increase in Cape size rates pushed the BDI up more than 20% this week, with demand for prompt tonnage in the Pacific causing a major s ...
Monday, 16 August 10
INDIA'S TNPL TO SUPPORT TNEB WITH COAL SUPPLIES
COALspot.com: TNPL to award 300,000 MT of coal supply contract to Nehel General Trading of India. Tamil Nadu state undertaking , Tamil N ...
Monday, 16 August 10
INDONESIA'S PLN SECURED COAL SUPPLIES, LESS IMPACT BY RAINS
COALspot.com: Indonesian State Electricity Company, PT Perusahaan Listrik Negara (PLN), has secured coal supplies for all of its power plants except ...
Sunday, 15 August 10
THE FREIGHT MARKET IS EXPECTED TO REMAIN FIRM - CAPT REDDY
COALspot.com: The BDI rose by almost 22 pct despite peak holiday season which is usually quite market , where as the BCI up sharply by 46 pct which ...
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Showing 5661 to 5665 news of total 6871 |
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- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- PTC India Limited - India
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Makmur.PT - Indonesia
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Planning Commission, India
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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