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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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Tuesday, 12 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
Energy and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
Tuesday, 12 May 09
BANPU'S PROFIT DOUBLES TO RECORD AFTER SALES JUMP - BLOOMBERG
BANPU Pcl, Thailand’s biggest coal producer, reported first-quarter profit more than doubled to a record after higher prices for the fuel boos ...
Tuesday, 12 May 09
COAL IN PLACE, GMR PLANS 2,000-MW THERMAL PLANT - BUSINESS-STANDARD
GMR ENERGY, a subsidiary of Bangalore-based infrastructure company GMR Infrastructure Ltd, is planning to set up a 2,000-Mw thermal power plant near ...
Monday, 11 May 09
SOUTH AFRICA PROBLEMS SLOW INDIA COAL BUYING - MINE WEB
Indian imports of South African coal are likely to be close to 12 million tonnes in 2009, up from 10 million last year.
Indian coal buyers were a ...
Saturday, 09 May 09
CHINA PLANS TO BUILD COAL STOCKPILE BASES IN SHANDONG - BLOOMBERG
China, the world’s largest coal producer and consumer, plans to build stockpiles of the fuel in the eastern province of Shandong to ensure sup ...
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- Vedanta Resources Plc - India
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- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
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- Power Finance Corporation Ltd., India
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- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- GMR Energy Limited - India
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- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
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- PNOC Exploration Corporation - Philippines
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- Renaissance Capital - South Africa
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- Mintek Dendrill Indonesia
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- Ministry of Transport, Egypt
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- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
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- Electricity Generating Authority of Thailand
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- Wood Mackenzie - Singapore
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- The Treasury - Australian Government
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- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
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- McConnell Dowell - Australia
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- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
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- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
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- Billiton Holdings Pty Ltd - Australia
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- The State Trading Corporation of India Ltd
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- Tata Chemicals Ltd - India
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- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Parliament of New Zealand
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- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
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- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- GVK Power & Infra Limited - India
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- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
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- Carbofer General Trading SA - India
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- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
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- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
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- Makarim & Taira - Indonesia
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- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
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- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
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- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Australian Coal Association
- Tamil Nadu electricity Board
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- Georgia Ports Authority, United States
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- Planning Commission, India
- Africa Commodities Group - South Africa
- VISA Power Limited - India
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- Bhushan Steel Limited - India
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- Indian Energy Exchange, India
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- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
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- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
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