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Saturday, 30 May 09
THE CHINESE IMPORTS OF IRON ORE,COAL AND NICKEL ORE SEEMED TO BE STEADY - VISTAAR SINGAPORE
COALspot.com (Singapore): VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore,said, the Baltic index rally continued this week with BDI and Cape index maintaining the moment. The BDI had risen much higher than previous week and ended at 3494 points.
The Cape size sector was also quite firm with a increase of 1782 points and the BCI ending at 6125 points.
The Panamax gained 531 points where as Supramax was fairly stable ending 7 points lower than last week. The Supramax Indonesia/Aussie to India has been under pressure and this sector was down by about usd 613 per day compared to beginning of the week. There has been hectic activity on period charterers and it seemed many owners were keen to make use of the rising market and fix on period.
The average charters at the closing of the week is Cape / US$ 67,723 pday; Panamax / US$ 23,242 pday and Supramax / US$ 19,144 pday.
The Chinese imports of iron ore/coal and nickel ore seemed to be steady. Also it seems the coal demand to India also is likely to pick up with some large tenders floated for huge quantities of imported coal. There quite a few cargoes of fertilizer movement from China and other Countries to India which is likely to continue for next 2/3 months. With isgnifican increase of prices on all commodity prices in general indicates that the demand is increasing and the cargo movement is looking good and the freight market seems would be fairly steady and firm for next few weeks.
The bunker prices continued to rise with brent crude reaching US$ 66 per barrel and the IFO prices ex Singapore touching US$ 380 pmt levels.
" The short period (4/6 months) rates for larger supramax and for the balance of 2009 is expected around US$ 15,500/16000 per day with delivery Far east / SE Asia region future" said, Capt. Reddy, Vistaar Shipping, Singapore
One year period rate for supramax reported at around US$ 15,000 per day with delivey India / Far east region.
The forward freight rates for 3/5 months is expected to be around the same as the below indicated spot rates, unless there are some major changes with china’s imports.
The indicative spot freight rates on Supramax as follows:
Coal
- Indonesia / East Coast India : US$ 13.00 / 13.50 pmt
- Indonesia / West Coast India : US$ 16.00 / 16.50 pmt
- Richards Bay / West Coast India : US$ 17.50 / 18.00 pmt
- Richards Bay / East Coast India : US$ 18.50 / 19.00 pmt
- Queensland / East Coast India : US$ 19.50 / 20.00 pmt
Iron Ore
- WC India / N.China : US$ 15.00 / 15.50 pmt
- EC India / N.China : US$ 13.50 / 14.00 pmt
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Wednesday, 03 June 09
KOSEP SEEKS UP TO 3 MLN TONNES OF COAL - REUTERS
Korea South-East Power Co Ltd (KOSEP) has issued four tenders seeking a total of 3 million tonnes of coal for delivery between 2009 to 2011, a tende ...
Wednesday, 03 June 09
POWER DEMAND TO BOOST INDIA COAL IMPORTS DURING MONSOON - STEELGURU
Reuters quoted Indian coal importers said that strong demand for power in India is likely to keep coal imports at the maximum level possible in the ...
Wednesday, 03 June 09
NAPOCOR EXTENDS COAL TENDER FOR SOLE BIDDER - ABS CBNNEWS
National Power Corp. (Napocor), the top Philippine electricity producer, has given the lone bidder at a tender for 195,000 tons of coal more time to ...
Wednesday, 03 June 09
NEWCASTLE COAL EXPORTS JUMP 20 PERCENT; SHIP QUEUE LENGTHENS - BLOOMBERG
Coal exports from Australia’s Newcastle, the world’s biggest export harbor for the fuel, jumped 20 percent last week while the number of ...
Wednesday, 03 June 09
IPL-2 OVER, INDIAN COAL LEAGUE BEGINS IN SOUTH AFRICA - ECONOMICTIME
Steel, cement and power companies, which have traditionally relied on cheap Indonesian coal to fuel their factories, are rushing to buy South Africa ...
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- Anglo American - United Kingdom
- Planning Commission, India
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- The University of Queensland
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Economic Council, Georgia
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
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