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.
|
|
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 ...
Monday, 13 September 10
CIL IN TALKS WITH SHIPPING CORP TO FORM JV FOR COAL IMPORTS
Shipping Corporation of India, the largest domestic shipping liner, may form a joint venture with Coal India for coal imports, a top company officia ...
|
|
|
Showing 5611 to 5615 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- White Energy Company Limited
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Riau Bara Harum - Indonesia
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- ASAPP Information Group - India
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- Electricity Authority, New Zealand
|
| |
| |
|
