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Saturday, 18 September 10
ECI / CHINA FREIGHT ROUTE DOWN BY 1.22 PCT OR US$ 225 PER DAY AND CLOSED AT US$ 18,123 PER DAY - VISTAAR
 COALspot.com: The BDI was under pressure this week and was almost down by 11 pct and closed at 2676 points.
The Cape and Panamax index was almost down by 13 pct and closed at 4,019 points and 3,394 points respectively. However the Supramax index and the handy size index was almost at same levels with hardly any change and closed at 2,046 points and 1,078 points respectively.
The iron ore prices was under pressure, with no signs of demand from China. Also there is news that the steel mills in china would be reducing the production by 20/30 pct which would further mean that the iron ore demand would be weak.
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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2676
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2995
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319
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¯
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10.65
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Baltic Cape Index
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3481
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4019
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538
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¯
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13.39
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Baltic Panamax Index
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2928
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3394
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466
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¯
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13.73
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Baltic Supra Index
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2012
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2046
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34
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¯
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1.66
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Baltic Handy size Index
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1085
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1078
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7
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↑
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0.65
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As of 17 September 2010
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The freight market was under pressure close of the week and seems will continue to same next week also.
The average charter hire was at Cape / US$ 33,812 per day, Panamax / US$ 23,525 per day, Supramax / US$ 21,041 per day and Handy size / US$ 15,694 per day.
The Supramax index in the Far East (S6 route) was down by US$ 280 per day (down by 1.4 pct ) and closed at US$ 19,395 per day. The ECI / China (S7) route was down by US$ 225 per day (down by 1.22 pct) and closed at US$ 18,123 per day . The S6 and S7 routes seems will be under pressure next week also.
The futures for three years (2010-2012) was almost at same levels and was around Cape/US$ 27,000 per day, Panamax,/,US$ 21,000 per day, Supramax,/,US$ 18,500 per day, Handy size / US$ 14,000 per day.
The congestion in EC Australian ports increased to 102 vessels this week (last week 93 vessels ). The vessels waiting at main coal loading ports were at Hay point/5, DBCT/40, Gladstone/7, Abbot Point/3, New Castle/44, Port Kembla/3 vessels. On the WC Australia iron ore vessels waiting was slightly down to 30 vessels (last week 33 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days, except that the congestion at Haldia continued to be high with almost 15 days berthing delays for iron ore vessels.
The Brent crude prices was almost at same levels and was at US$ 78.08 per barrel (last week US$ 78.22 per barrel ). The bunkers prices was almost around same levels ex Singapore and was at US$ 443.50 pmt (ifo 380 cst ex Singapore) on 17th Sept 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
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Wednesday, 22 September 10
DRY BULK MARKET SENTIMENT TURNS SOUTH AS IRON ORE DEMAND DECLINES
The dry bulk market has once again turned the tide, with the industry’s benchmark, the Baltic Dry Index (BDI) turning south during the previou ...
Monday, 20 September 10
MMTC SEEKS TO BUY 1.3 MT OF COAL FOR INDIA UTILITIES - SXCOAL
MMTC Ltd., India’s largest state- owned trading company, is seeking bids for the supply of 1.3 million tonnes of coal to feed power plants run ...
Monday, 20 September 10
KANGAROO RESOURCES SIGNS PARTNERSHIP WITH ASEAMCO FOR INDONESIAN COAL ASSETS - PROACTIVE INVESTORS
International coal producer Kangaroo Resources (ASX: KRL) has completed a new three-year agreement with Australian mining consultants ASEAMCO to del ...
Monday, 20 September 10
ICVL LOOKS FOR COAL ASSETS IN UZBEK, INDONESIA, AUSTRALIA - ECONOMIC TIMES
Economic Times reported that, International Coal Ventures, or ICVL, the special purpose vehicle floated by five state-owned firms to scout for coal ...
Monday, 20 September 10
IRON-ORE SHIPPING DEMAND MAY GAIN ONCE CHINA STEEL CUTS FINISH, SSY SAYS
Demand to transport iron ore may rebound once China ends steel-production cuts and steel prices may gain in the next several months because of the r ...
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Showing 5601 to 5605 news of total 6871 |
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- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Ministry of Transport, Egypt
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Australian Commodity Traders Exchange
- Planning Commission, India
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Parliament of New Zealand
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
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