We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 25 September 10
PRESSURE ON S6 AND S7 ROUTES SEEMS TO BE CONTINUED NEXT WEEK CAPT. REDDY
 COALspot.com: The freight market has been flat this week due to holidays in China and low activity saw all sectors down and soft.
The BDI was down by 8.67 pct and closed at 2,444 points.
The cape index saw the maximum drop and was down by 10.34 pct and closed at 3,121 points. The Panamax and Supramax index was also under pressure and was down by almost 7 pct and closed 2,719 and 1,879 points respectively. The handy size was only marginally down by 1.47 pct and closed at 1,069 points.
BALTIC DRY INDEX CHANGES
|
|
|
BALTIC DRY INDEX CHANGE
|
|
|
|
This week
|
Last week
|
Change
|
Change %
|
|
|
Baltic Dry Index
|
2444
|
2676
|
232
|
¯
|
8.67
|
|
|
Baltic Cape Index
|
3121
|
3481
|
360
|
¯
|
10.34
|
|
|
Baltic Panamax Index
|
2719
|
2928
|
209
|
¯
|
7.14
|
|
|
Baltic Supra Index
|
1879
|
2012
|
133
|
¯
|
6.61
|
|
|
Baltic Handy size Index
|
1069
|
1085
|
16
|
¯
|
1.47
|
|
|
As of 24 September 2010
|
|
The iron ore demand was flat and the iron ore movement into China will have a major affect on the freight market. Also the new deliveries, especially cape size vessels will have a affect on the market with almost 3 cape size vessels new deliveries every week.
The average charter hire was at Cape/US$ 29,002 per day, Panamax/US$ 21,840 per day, Supramax/US$ 19,644 per day and Handy size/US$ 15,666 per day.
The Supramax index in the Fareast (S6 route) was down by US$ 1,368 per day (down by 7.0 pct ) and closed at US$ 11,8027 per day. The ECI/China (S7) route was down by US$ 994 per day (down by 5.48 pct) and closed at US$ 17,129 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 decreased to 93 vessels this week (last week 102 vessels ). The vessels waiting at main coal loading ports were at Hay point/5, DBCT/38, Gladstone/9, Abbot Point/1, New Castle/45, Port Kembla/5 vessels. On the WC Australia iron ore vessels waiting was slightly down to 26 vessels (last week 30 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 20 days berthing delays for iron ore vessels.
The Brent crude prices was almost at same levels and was at US$ 78.87 per barrel (last week US$ 78.08 per barrel ). The bunkers prices was almost around same levels ex Singapore and was at US$ 440.00 pmt (ifo 380 cst ex Singapore) on 24th Sept 2010.
Click here for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore shipments 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, 15 October 10
VALUE ADDED TAX FOR COAL TO RE-INTRODUCE IN INDONESIA
COALspot.com: Indonesian government is drafting a ministerial decree to re-introduce value added tax for coal and mineral. Coalindo weekly news lett ...
Thursday, 14 October 10
COAL PRICES AT QINHUANGDAO PORT UP - CAPITALVUE
Capitalvue reported that, prices of steam coal yielding 5,500 kilocalories per kilogram (kcal/kg) in Qinhuangdao Port have risen five yuan to 715-72 ...
Thursday, 14 October 10
DRY BULK MARKET MAINTAINS POSITIVE TREND ON FIRMER CHINESE IRON ORE DEMAND
The dry bulk market has kept its upward trend set since last week, with the industry’s main benchmark, the Baltic Dry Index (BDI) rising to 2, ...
Tuesday, 12 October 10
DRY BULK MARKET LOOKING FOR DIRECTION AFTER WEEK OF CAPESIZE GROWTH
The dry bulk market ended Monday unchanged from Friday’s closing, today standing at 2,695 points. In summary, the capesize and the supramax se ...
Tuesday, 12 October 10
COAL SPOT TRADING MAY SOOTH PRICING CONFLICTS - GLOBAL TIMES
Global Times reported that, Tianjin-based Bohai Commodity Exchange launched steam coal for spot trading for the first time Monday. Steam coal is mai ...
|
|
|
Showing 5566 to 5570 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Romanian Commodities Exchange
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
|
| |
| |
|
