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.
|
|
Sunday, 21 June 09
CHINESE MINERS SEAL THERMAL COAL DEALS WITH JAPAN AND KOREA
As the confrontation between China's power and coal enterprises become more and more serious, coal enterprises which had supposedly been in the sho ...
Sunday, 21 June 09
MERCATOR TO BUY 3 BULK VESSELS
Mercator Lines, India’s second-largest private shipping company, is expanding its capacity and is set to acquire three gearless post-Panamax b ...
Sunday, 21 June 09
COAL SCARCITY HITS BIHAR POWER PLANTS
The Rs 60,000 crore 12,500mw power projects cleared by the State Investment Planning Board (SIPB) which could change the face of Bihar if commission ...
Sunday, 21 June 09
NLC CHALKS OUT RS 40K CR INVESTMENT
Public sector mini rathna, Neyveli Lignite Corporation is in rapid expansion mode and has chalked out Rs 40,000 crore investment both in
the mining ...
Sunday, 21 June 09
TRANSPORT PROBLEMS HOLD BACK RUSSIAN COAL EXPORTS
Limited rail capacity and poor port infrastructure are frustrating the ambitions of Russia's leading coal producers to increase exports quickly to ...
|
|
|
Showing 6661 to 6665 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- White Energy Company Limited
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- MS Steel International - UAE
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
|
| |
| |
|
