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Saturday, 09 May 09
THE WEEK SAW BIT OF HECTIC ACTIVITY IN THE FREIGHT MARKET - VISTAAR SHIPPING
COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, one of the experienced ship operator in Singapore, said, the week saw bit of hectic activity in the freight market. The BDI ended this week at 2194 which is an increase of 388 points over last one week. There has been quite a good demand for ships out of Indonesia, South America and US Gulf and there has been good amount of cargoes.
The spot supramax demand was quite firm for cargoes out of Indonesia and have been demanding US$ 15,000/17,000 per day for trips to India and Pacific round voyages. The market is expected to continue to be firm over next week. However the market is likely to come off towards end May/early June.
The iron ore exports from India have been steady and supramax ships were being fixed at around usd 13000 per day. The WC India market is expected to weaken second half of May due to monsoons and could see ships ballasting to South Africa / South America.
Vistaar added, the bunker prices had increased substantially and current IFO prices around 350 pmt. This will have a additional impact on the freight. The short period (4/6 months) rates for larger supramax is around US$ 13,000 / 14,000 per day in Feast/ SE Asia region
Vistaar's forecasted indicative spot freight rates on Supramax for next coming weeks as follows:
Coal
- Indonesia / East Coast (EC) India : US$ 13 / 13.50 pmt
- Indonesia / West Coast (WC) India : US$ 16.50 /17.00 pmt
- Richards Bay / West Coast (WC) India : US$ 15.50 pmt
- Richards Bay / East Coast (EC) India : US$ 16.00 pmt
- Queensland / East Coast (EC) India : US$ 18 / 18.50 pmt
Iron Ore
- WC India / N.China : US$ 13 /13.50 pmt
- EC India / N.China : US$ 12.50 pmt
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Friday, 22 May 09
CHURCHILL DOUBLES INDONESIAN COAL PROJECT RESOURCE ESTIMATE - STEEL GURU
Mining Weekly quoted Churchill Mining as saying that the resource at its East Kutai coal project in Indonesia has more than doubled to 3.18 billion ...
Friday, 22 May 09
INDONESIA`S BUKIT ASAM TO HAVE POWER PLANT IN 2011 - ANTARA
The construction of a power plant in South Sumatra by coal mining company PT Tambang Batubara Bukit Asam will be completed in April 2011.
T ...
Friday, 22 May 09
NOBLE WINS CONTROL OF AUSTRALIA'S GLOUCESTER COAL - BLOOMBERG
Noble Group Ltd., a Hong Kong- based commodity supplier, won control of Australia’s Gloucester Coal Ltd. after last week raising its cash bid ...
Thursday, 21 May 09
FBR STARTS COVERAGE OF SHIPPING SECTOR - REUTERS
Friedman Billings Ramsey began coverage of the shipping industry, saying the sector, which is amidst a deep cyclical downturn, is poised for a recov ...
Thursday, 21 May 09
INDONESIAN COAL PRODUCTION IN Q1 BELOW TARGET - STEEL GURU
Mr Bambang Gatot Ariyono director for coal and mineral development at the Energy and Mineral Resources Ministry said that the coal production in the ...
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- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Parliament of New Zealand
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Mjunction Services Limited - India
- Aditya Birla Group - India
- CNBM International Corporation - China
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- The Treasury - Australian Government
- Deloitte Consulting - India
- Central Java Power - Indonesia
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
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