We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 27 July 09
SHORT AND ONE YEAR PERIOD RATES FOR SUPRAMAX WAS FIRM AT AROUND US$ 18, 000 -18,500 PER DAY
 COALspot.com (Singapore): The Supramax charter rates up sharply last week (ended 24th July 2009), especially India / Far East region said, Capt. Reddy, MD of Vistaar Shipping of Singapore.
However the BDI was down by about 5 pct and closed at 3,345 points. The cape index fell by 13 pct this week and closed at 5,170 points. All other index went up marginally from to 2 - 6 pct to side and closed at Panamax / 3,524 points, Supramax / 2,091 points and handysize / 879 points, said Capt. Reddy on Monday.
The BDI continues to be around 3,500 points and seems will maintain between 3,000-4,000 points.
Supramax charter rates opening in India to China was firm and up by almost US$ 8,000 per day and ships have been reported fixed at around US$ 32,000 - 33,000 per day. Ships opening Far East also was quite firm and for single voyages the charter rates was around US$ 18,000-20,000 per day.
There has been quite a few period fixtures reported last week. Short and one year period rates for Supramax was firm at around US$ 18, 000 - 18,500 per day. Panamax rates for short period and one year period was at around US$ 20,000 - 22,000 per day.
The spot average charter rates was at Cape / US$ 55,193 per day, Panamax / US$ 28,209 per day , Supramax / US$ 21,861 per day and Handysize / US$ 12,648 per day.
Vistaar Shipping, an experinced ship operator in Singapore further said, the future for 3 years 2010 / 2011 / 2012 would be around Cape / US$ 32,000 per day, Panamax / US$ 17,000 per day, Supramax / US$ 14,000 per day and Handysize / US$10,500 per day.
The main reason for the firm rates seems to be because of grain cargoes ex NOPAC and iron ore buying by China with iron ore CIF prices touching almost US$ 100 pmt. Suspension of spot sales by Australia seems to be the main reason for increased buying by China from India and Brazil.
The other reason is increased demand of coal imports by China. With some news of iron ore prices likely to be concluded in next days by China with Australia, there could be some changes to the freight market. Most steel mils are reporting losses and others are reporting decline in profits due to sluggish demand , the steel demand has to pick and demand also should be good to support import of large quantities of iron ore by China.
The charter rates ex US Gulf and South America was fairly flat and no ships were reported fixed ex Persian Gulf / India ballasting to South America.
The congestion in Australian ports continues with slightly less number of ships this week to 103. In India except for Paradip all other ports are having minimum delays.
The crude prices was up and the brent crude prices was up sharply to around US$ 69 per barrel. The bunker prices firmed up and the IFO(380 cst) prices ex Singapore was quite volatile this week ranging from US$ 409-430 pmt. The prices closed on 24 July 2009 Friday at around US$ 432 pmt.
Click here for Vistaar Shipping's forecasted (indicative) spot freight rates for coal & iron-ore cargo for 11 specific routes. (cs)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 28 July 09
SHENZHEN ENERGY INKS COAL PURCHASE CONTRACT WITH CHINA SHENHUA
China Knowledge reported that, Shenzhen Energy Group Co Ltd has signed a five-year contract with China Shenhua Energy Co Ltd, which is engaged in th ...
Tuesday, 28 July 09
BUKIT ASAM ENJOYS STRONG FIRST HALF
The Jakarta Post reported that, state coal miner PT Tambang Batubara Bukit Asam (PTBA) enjoyed a strong first half performance with six-month net pr ...
Tuesday, 28 July 09
NEWCASTLE LOADED 1.943 MILLION TONS OF COAL IN THE WEEK ENDED 27TH JULY 2009
COALspot.com (Singapore) : The volume exported from Australia’s Newcastle port in the week ended - 07:00 hours 27 July 2009 ...
Monday, 27 July 09
INDIA PAYING HIGHEST PRICE FOR S.AFRICA COAL - PRODUCERS
* Spread between South African and Pacific origin coal very wide
* Lack of European buying makes India indicator of value
Reuters reported that, ...
Monday, 27 July 09
TAIWAN'S FORMOSA EYES S.AFRICAN COAL FOR Q4: TRADE
Reuters reported that, Taiwan's Formosa Plastics Group is looking to buy two South African thermal coal cargoes for delivery in the fourth-quarter, ...
|
|
|
Showing 6551 to 6555 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Economic Council, Georgia
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
|
| |
| |
|
