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Monday, 04 May 09
VISTAAR SINGAPORE SAYS, THIS MONTH DRY BULK FREIGHT LIKELY TO COME DOWN
COALspot.com (Singapore) - VISTAAR shipping Services Pte Limited of Singapore, said, the beginning of last week started with bit of weakness and the market continued to be soft until closing of last week. However the BDI was up on Friday closing at 1806.
The spot supramax demand was quite firm where ships were demanding US$ 15,000/16,000 per day for trips to India and Pacific round voyages. The market for second Half May seems to be weak and charter rates are likely to coming down.
The iron exports from India has been slowing down and ships from India were seeing around US$ 12,000 per day. With the onset of Monsoons the cargoes out of India will be much less especially West Coast India and this is likely to cause weakness and the market for ships opening WC India and PG region.
Capt. Reddy, MD of Vistaar Singapore, indicated spot freight rates from Indonesia to east coast India for coal loading at US$ 10.75 and west coast at US$ 13.50 PMT compare to US$ 15/16 last week to WC India .
The softness reasons could be attributed to coming holidays and golden week in China , however no effect of H1N1 flu yet on the shipping market. Meantime Richards Bay, South Africa to East Coast India at US$ 14.50 and west Coast India at US$ 14.00 pmt for Supramax Loading. Queensland to EC India freights at usd 16 pmt.
Iron Ore loading from India to north China was between US$ 11.50 to 12.50 pmt depending on loading port / loading terms in India. Capt. Reddy is optimistic about cargo volume in and out to India due to the demand of steam coal and will continue to rise in India with additionally with Pakistan planning to import about 3 million tons of coal this year.
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Tuesday, 05 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE - BLOOMBERG
COAL shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 18 percent last week while the numb ...
Tuesday, 05 May 09
INDONESIA'S ADARO PAYS $78.6 MLN FOR COAL-BARGING FIRM - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, said late on Monday it paid $78.6 million for a 74 percent stake in Orchard ...
Tuesday, 05 May 09
PHILIPPINES SEMIRARA STILL EXPECTS HIKE IN COAL SALES - BUSINESS MIRROR
DESPITE the anticipated soft demand resulting from the prevailing global financial crisis, the country’s largest coal producer Semirara Mining ...
Monday, 04 May 09
PNOC-EC TO GROW COAL OPERATIONS - PHILIPPINE DAILY INQUIRER
LISTED firm Philippine National Oil Co.-Exploration Corp. plans to expand its operations this year to ensure the steady supply of coal and fur ...
Saturday, 02 May 09
BUMI'S FIRST-QUARTER PROFIT RISES 21% ON COAL PRICE - BLOOMBERG
PT BUMI RESOURCES, Asia’s biggest exporter of power-station coal, said first-quarter profit rose 21 percent after it earned higher prices for ...
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- Mercuria Energy - Indonesia
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- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Economic Council, Georgia
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
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- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Goldman Sachs - Singapore
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
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- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- SMC Global Power, Philippines
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Australian Coal Association
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
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- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- VISA Power Limited - India
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- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- GAC Shipping (India) Pvt Ltd
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