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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)
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Tuesday, 14 July 09
NEWCASTLE WEEKLY COAL EXPORTS RISE 11%; SHIP QUEUE DECREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 11 ...
Monday, 13 July 09
EXPORT COAL PRODUCTION FROM MOOIPLAATS COULD START IN NOVEMBER
Mining Weekly reported that, South Africa-focused emerging miner Coal of Africa (CoAL) has completed a revised mining layout for its Mooiplaats ...
Monday, 13 July 09
NAPOCOR AWARDS 195,000 T COAL TO INDONESIAN FIRMS
ABC-CBN News reported that, Philippine electricity producer National Power Corp (Napocor) has awarded 195,000 tons in coal supply contracts to two I ...
Monday, 13 July 09
PAKISTAN TO IMPORT ABOUT 2.4 MILLION TONS OF INDONESIAN COAL AND 1.6 MILLION TON OF SOUTH AFRICAN COAL WITHIN NEXT 12 MONTHS
COALspot.com (Pakistan) : Pakistan has exported well over 12 million tons of cement while local sales have dropped a bit with the result 33 million to ...
Monday, 13 July 09
COAL SECTOR IN VIETNAM INCREASE THE TARGET 43 MILLION TONNES THIS YEAR
Asian Mining Stock reported that, there was a change in a very good Coal Mining Industries Group (TKV) that Vietnam has decided to increase coa ...
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- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- The University of Queensland
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Economic Council, Georgia
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
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