We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
|
|
BALTIC DRY INDEX CHANGE
|
|
|
|
This week
|
Last week
|
Change
|
Change %
|
|
|
Baltic Dry Index
|
2676
|
2995
|
319
|
¯
|
10.65
|
|
|
Baltic Cape Index
|
3481
|
4019
|
538
|
¯
|
13.39
|
|
|
Baltic Panamax Index
|
2928
|
3394
|
466
|
¯
|
13.73
|
|
|
Baltic Supra Index
|
2012
|
2046
|
34
|
¯
|
1.66
|
|
|
Baltic Handy size Index
|
1085
|
1078
|
7
|
↑
|
0.65
|
|
|
As of 17 September 2010
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 17 September 10
CWP COAL WASHING PLANTS MACHINERY LANDS ON RUSSIAN MARKET!!
Press Release: CWP Coal Washing Plants Machinery Industry & Trade Co. which was founded in 1990, has been operating in Izmir with its closed pro ...
Friday, 17 September 10
FREIGHT RATES TO DECLINE FURTHER - ICICI SEC
Broking firm ICICI Securities said tanker freight rates reported a sharp drop with rates of Suezmax and Aframax carriers declining by 16% to USD 8,6 ...
Friday, 17 September 10
R-POWER, ADANI, GMR TO BID FOR $1-BN MINE
Reliance Power, Adani Power and GMR are in the race for a coal mine asset in Australia. The valuation of the asset is close to $1 billion (Rs 4,600 ...
Thursday, 16 September 10
RPG GROUP BUYS 10% IN AUSSIE COAL FIRM RESOURCE GENERATION
Dealcurry reported that, India's RPG Group's Integrated Coal Mining Limited (ICML) has acquired 10% stake (18,268,053 shares) in Resource Generati ...
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 ...
|
|
|
Showing 5606 to 5610 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Cigading International Bulk Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Economic Council, Georgia
- Indonesian Coal Mining Association
- VISA Power Limited - India
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
|
| |
| |
|