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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, 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
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 an ...
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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- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- Minerals Council of Australia
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- MS Steel International - UAE
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Sical Logistics Limited - India
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
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