We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 28 August 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS FIRM FOR CAPE AND PANAMAX VESSELS - VISTAAR
 COALspot.com: The freight market appeared to be heading for correction with the indices coming off during later part of the week. The BDI closed 44 points where as the cape and panamax index was down by 129 points and 111 points respectively. The Supramax and handy size was marginally up by 33 point and 11 points respectively. The short period rates for Q4 has been quite strong and appears that the market will be fairly firm. However closing of the week there was news of a double dip recession in USA which is likely to create some uncertainty in the financial markets and if that happens could affect the shipping market also.
BALTIC DRY INDEX CHANGES
|
|
BALTIC DRY INDEX CHANGE
|
|
|
This week
|
Last week
|
Change
|
Change %
|
|
Baltic Dry Index
|
2712
|
2756
|
44
|
¯
|
-1.6
|
|
Baltic Cape Index
|
3449
|
3578
|
129
|
¯
|
-3.61
|
|
Baltic Panamax Index
|
2978
|
3089
|
111
|
¯
|
-3.59
|
|
Baltic Supra Index
|
2109
|
2079
|
33
|
↑
|
1.59
|
|
Baltic Handy size Index
|
1079
|
1068
|
11
|
↑
|
1.03
|
|
As of 27 August 2010
|
|
The average charter hire was at Cape/$ 33745 per day, Panamax/$ 23935 per day, Supramax/$ 22054 per day and Handy size/$ 15855 per day.
The Supramax index in the Fareast (S6 route) was up by $ 725 per day ( up by 3.46 pct) per day and closed at $ 21643 per day. The ECI/China (S7) route also up by $ 827 per day (up by 4.15 pct) and closed at $ 20731 per day . The S6 and S7 routes likely to be steady/firm.
The futures for three years (2010-2012) was firm for cape and panamax vessels and was at around Cape/$ 28000 per day, Panamax/$ 22000 per day, Supramax/$ 18500 per day, Handy size/$ 14000 per day.
The congestion in EC Australian ports was at 127 vessels this week (last week 129 vessels ). The vessels waiting at main coal loading ports were at Hay point/4, DBCT/49, Gladstone/14, Abbot Point/2, New Castle/55 vessels, Port Kembla/3 vessels. On the WC Australia iron ore vessels waiting increased to 20 vessels (last week 26 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
The Brent crude prices was volatile but closed higher than last week at $ 76.93 per barrel (last week $ 74.45 per barrel). The bunkers prices was almost at same levels and the prices ex Singapore and was at $ 437 pmt (ifo 380 cst ex Singapore) on 27th August 2010.
Click here for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
Reported by Vistaar Shipping, Singapore
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 15 September 10
VIETNAM TO IMPORT UP TO 15 MLN TONS COAL/YR BY 2015 - VIETNAM BUSINESS
Vietnam Business reported that, Vietnam will need to import 3 million to 15 million tons of coal a year by 2015, rising to 21 million to 40 million ...
Tuesday, 14 September 10
MID HIGH TEENS FROM WCI, AND HIGH TEENS FROM ECI TO CHINA - BRS
A fairly flat market for the dry bulk segments this week, although the Panamaxes jumped on the back of strong grain exports in the Atlantic. It ...
Tuesday, 14 September 10
HIGH CHARTERING ACTIVITY NEEDS TO KEEP UP FOR DRY BULK RATES TO REMAIN HIGH
Last week’s increase of spot chartering activity pushed dry bulk freight rates to new highs, after a less than lackluster summer. As a result, ...
Monday, 13 September 10
GLENCORE BUYS STAKE IN MINER BUMI
The Jakarta globe reported that, Switzerland-based Glencore International, the world’s largest commodities trader, has quietly acquired a $200 ...
Monday, 13 September 10
IT'S JAI INDONESIA FOR OUR POWER FIRMS
Indian power producers have been compelled to look abroad for fuel to run upcoming facilities, as domestic generation is unlikely to be able to meet ...
|
|
|
Showing 5611 to 5615 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sinarmas Energy and Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Parliament of New Zealand
- New Zealand Coal & Carbon
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- The University of Queensland
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Bhatia International Limited - India
- Minerals Council of Australia
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
|
| |
| |
|
