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.
|
|
Friday, 19 June 09
COAL FORUM TO MEET IN BALI NEXT WEEK
Bali will host next week a Southeast Asian forum on coal, involving coal producers, consumers and government representatives.
The Indonesian Ener ...
Friday, 19 June 09
KARNATAKA POWER CORP BEGINS BLENDING INDONESIAN COAL
BL reported that the State Government owned power utility Karnataka Power Corporation Limited has begun blending imported Indonesian coal for its th ...
Thursday, 18 June 09
COAL MINING HALTS AFTER DEADLY BLAST - (UPDATE 2)
All mining activists in Sawahlunto, West Sumatra, are at a standstill after a major underground explosion killed at least 31 miners and buried 12 ot ...
Thursday, 18 June 09
INDIA'S HINDALCO CLOSE TO BUYING AUSTRALIA COAL MINE
India's largest aluminium maker Hindalco Industries is close to acquiring a coal mine in Australia, for about $70-$80 million, The Economic Times r ...
Thursday, 18 June 09
GERMAN COAL BUYERS SEE LOWER IMPORTS, PRICES
* Coal imports and prices fall as steel industry slumps
* Coal industry grapples with carbon polluter image
German imports of hard coal are like ...
|
|
|
Showing 6671 to 6675 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- PTC India Limited - India
- White Energy Company Limited
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Planning Commission, India
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Economic Council, Georgia
|
| |
| |
|
