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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 pct from last week and closed at 3,542 points.
The main reason for BDI increase was again due to Cape index which went up by 23% in last one week and closed at 5,957 points. The Panamax and Supramax went up by 12 - 13% and closed at 3,324 points and 2,051 points respectively.
Handysize saw a marginal increase of 6% and closed at 843 points.The BDI seems will remain between 3,000 - 4,000 points for next few weeks.
On the Supramax ships opening Far East and India were being fixed at around US$ 18, 000 / 19, 000 and US$ 26, 000 / 27, 000 respectively.
This would have the freight rates for coal / coking coal ex Indonesia / Australia and iron ore freight ex. India increase by about 20 - 25% compared to last week. Short period rates for supramax opening Far East was around US$ 17,000 / 17,500 pday.
Panamax opening Far East were seen bing fixed at US$ 20,000 / 21,000 per day. China's import of iron ore continued to be strong and the iron ore import in June 2009 was at 55 million tonnes which is same as in April and May 2009.
It will be interesting to see if whether this volume of import will be maintained which will have a direct effect on the freight market - Vistaar Shipping, Singapore
The congestion at Australian ports continues to be at around 121 vessels waiting off EC Australia. The congestion at Indian ports was easing except for Paradip where congestion continues.
The average charter rates at Cape / US$ 64,714 per day, Panamax / US$ 26,601 per day, Supramax / US$ 21,445 per day and Handysize / US$ 12,084 per day.
The future for 3 years 2010 / 2011 / 2012 is around Cape / US$ 32,000 per day , Panamax / US$ 17,000 per day, Supramax / US$ 13,500 per day and Handysize / 10,500 per day.
The crude prices was up and the brent crude prices increased to US$ 65 per barrel. The bunker prices firmed and the IFO (380 cst) prices ex. Singapore went up to US$ 415 per mt .
Click here for Vistaar's forecasted (indicative) spot freight rates for coal & iron-ore cargo for 11 specific routes.
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Thursday, 09 July 09
COAL AND OIL GROUP TO INVEST $300 MN TO BUY SHIPS AND ACQUIRE COAL MINE
Coal & Oil Group is planning to invest around $300 million (around Rs 1,500 crore) to buy new ships and to acquire coal mines. The company is pl ...
Thursday, 09 July 09
NO TRADE ON AUSTRALIA'S ASX COAL FUTURES DEBUT
*ASX's deliverable thermal coal futures debut without trade
*ASX says futures could present new arbitrage opportunities
The debut of Australia ...
Wednesday, 08 July 09
GERMAN COAL PRODUCTION DECREASED BY 31% TO ROUND 3.4 MILLION TON IN 1Q 2009 - COAL IMPORTERS ASSOCIATION, HAMBURG
COALspot.com (Germany):
World Coal Market
According to analysis of VEREIN DER KOHLENIMPORTEURE E.V. , On a quantity basis the s ...
Wednesday, 08 July 09
HUADIAN POWER BUYS INTO COAL MINERS
Huadian Power International Corporation - China's largest independent power producerCannounced Tuesday in a filing to the Shanghai Stock Exchange ...
Tuesday, 07 July 09
RICHARDS BAY TERMINAL COAL EXPORTS ROSE 7.2% IN JUNE
Richards Bay Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments rose 7.2 percent in June from a year earlier.
Export ...
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- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- The University of Queensland
- Trasteel International SA, Italy
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- The Treasury - Australian Government
- GMR Energy Limited - India
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Ministry of Mines - Canada
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
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