We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 04 July 09
FREIGHT FUTURE FOR 3 YEARS UNTIL 2012 WAS FAIRLY SOFT AROUND PANAMAX / US$ 16,000, SUPRAMAX / US$ 13,000 PER DAY
 COALspot.com (Singapore): According to Vistaar shipping, an experinced ship operator in Singapore, the freight market was soft with bit nervousness in the global economy recovery.
The BDI was down by 183 points and closed at 3,520 points. The drop again this week is mainly due to Cape which was down by 668 points and closed at 6,438 points.
The Panamax index gained by 210 points and closed at 3,027 points. The Supramax and Handysize index was almost at same levels with a marginal drop by 15 points. The average charters rates at the close of the week was at Cape / US$ 71,088; Panamax / US$ 24,254 ; Supramax / US$ 17,964 and Handysize / US$ 10,773.
The BDI is expected to be around 3,500 points next week also and there could be pressure downwards.
The congestion at Australian ports continues to be all time high to 123 vessels waiting off EC Australia. The congestion in Paradip and Haldia has been quite high and Haldia port severely affected by labor strike.
The easing of congestion will definitely put additional pressure on the BDI.
The iron ore and coal import by China seems to be holding however reports suggests that China may reduce the iron ore and coal imports in Q3 and this happens the BDI will be under pressure. The supramax and handysize vessels open in Far East continued to be under pressure and many vessels were ballasting south.
The ships opening in India continued to get premium for round voyages to South Africa and to Far East at around US$ 20,000-22,000 pday. The one year period rate for large supramax was at around usd 16,000 per day. Many owners were looking for short period rates to take advantage of the spot firm market, which probably seems owners may be seeing the market to be soft for next couple of weeks.
The future for 3 years 2010 / 2011 / 2012 was fairly soft around Cape /US$ 30,000 per day , Panamax / US$ 16,000 per day, Supramax / US$ 13,000 per day and Handysize / US$ 10,000 per day said, Capt. Reddy, MD of Vistaar Shipping, Singapore
The brent crude prices closed at US$ 66 and was soft and expected to be soft. The bunker prices for IFO (380 cst) prices ex Singapore was at US$ 405 pmt.
Vistaar shipping of Singapore expected the spot freight rates (indicative) on Supramax would be as follows:
Coal
-Indonesia / EC India : US$ 13.00 / 13.50 pmt
-Indonesia / WC India : US$ 16.00 / 16.50 pmt
-Richards Bay / WC India : US$ 21.00 / 22.00 pmt
-Richards Bay / EC India : US$ 22.00 / 23.00 pmt
-Queensland / EC India : US$ 20.00 / 21.00 pmt
Iron Ore
-WC India / N.China : US$ 18.00 / 19.00 pmt
-EC India / N.China : US$ 17.00 / 18.00 pmt
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 20 July 09
CHINA COAL PRODUCES 52.7 MLN TONNES OF COAL IN 1H, UP 5.4 PCT
China Mining reported that, China Coal Energy Co., the country's second largest coal producer, said Saturday that it produced 52.67 million tonnes ...
Monday, 20 July 09
INDONESIA PRODUCES 72 MILLION MT IN FIRST HALF OF YEAR: OFFICIAL
Indonesia produced 72 million mt of coal in the first half of 2009, or 31.3% of the government’s target this year, a senior government officia ...
Sunday, 19 July 09
JINDAL S&P IN TALKS TO BUY SA COAL MINE FOR RS 350-400 CR (US$ 80 - 90 MILLION)
Economic Times reported that, Naveen Jindal-led Jindal Steel & Power (JSPL) is acquiring a thermal coal mine in South Africa, a top company exec ...
Saturday, 18 July 09
REN POWER CZ COMMISSIONS ANOTHER PHOTOVOLTAIC POWER STATION
COALspot.com (Press Release): REN Power CZ, a company in the Czech Coal Group, has put into operation another photovoltaic power station. The plant ...
Saturday, 18 July 09
THE FUTURE FOR SUPRAMAX FOR NEXT 3 YEARS TILL 2012 WOULD BE AROUND US$ 13,500 PER DAY - CAPT. REDDY
COALspot.com ( Singapore): The market moved up sharply this week , which was quite unexpected.
The BDI was up by 557 which is an increase of 18 ...
|
|
|
Showing 6586 to 6590 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Altura Mining Limited, Indonesia
- Planning Commission, India
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
|
| |
| |
|
