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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
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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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2444
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2676
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232
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¯
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8.67
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Baltic Cape Index
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3121
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3481
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360
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¯
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10.34
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Baltic Panamax Index
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2719
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2928
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209
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¯
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7.14
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Baltic Supra Index
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1879
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2012
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133
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¯
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6.61
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Baltic Handy size Index
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1069
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1085
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16
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¯
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1.47
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As of 24 September 2010
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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
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Thursday, 02 September 10
PLN ASKED TO USE LOCAL COAL
Tempo Interactive reportd that, the Indonesian Mining Association Executive Director, Priyo Pribadi, has called on the state-run electricity company ...
Thursday, 02 September 10
NALCO OPEN TO EQUITY DILUTION IN $3.9 BN PROJECT IN INDONESIA
Business-Standard reported that, state-owned Nalco today said it is considering selling stake in its $3.9 billion (over Rs 18,000 crore) aluminium p ...
Thursday, 02 September 10
DRY BULK MARKET GAINS MOMENTUM TO INCREASE, WITH CHINA ONCE AGAIN TO THE RESCUE
With predictions from Chinese officials stating that the country’s iron ore imports during 2010 could surpass the record amounts of 2009, the ...
Wednesday, 01 September 10
STC BAGS NTPC ORDER TO SHIP 12 MT COAL
My Digital FC reported that, The State Trading Corporation (STC) has bagged NTPC’s tender to ship 12 million tonnes coal from Ind&sh ...
Wednesday, 01 September 10
JAKARTA TO HOST MAJOR INTERNATIONAL MINING EVENT
COALspot.com: (Press Release) In October 2010, the Indonesian Mining Association (IMA) and the Indonesian Coal Mining Association (APBI) will host t ...
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Showing 5631 to 5635 news of total 6871 |
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- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Economic Council, Georgia
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Planning Commission, India
- Maharashtra Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
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