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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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Saturday, 11 July 09
THE IMPORT OF STEAM COAL FROM INDONESIA & S/A TO INDIA WILL CONTINUE TO INCREASE - VISTAAR
COALspot.com ( Singapore): Vistaar Shipping, an experienced ship operator in Singapore said, The market continued to be soft this with doubts a ...
Friday, 10 July 09
DMO AND ICPR AIMED AT SECURING DOMESTIC COAL SUPPLY
COALspot.com (Indonesia): According to website of DGCMG, the implementation of coal Domestic Market Obligation (DMO) and the Indonesian Coal P ...
Friday, 10 July 09
INDONESIAN MINING LAW IN TRANSITION
Further to the enactment of Law No. 4 of 2009 on Mineral and Coal Mining (“Law 4/2009”), the enactment of various implementing regulatio ...
Thursday, 09 July 09
COAL EXPORTS TO CHINA MAY FALL AS PRICES, SHIPPING RATES RISE
CHINA'S appetite for Australian coal may fall in July and August from earlier highs, due to a recent recovery in regional prices and higher interna ...
Thursday, 09 July 09
GARDA LISTS SHARES IN LOCAL BOURSE
Local coal company PT Garda Tujuh Buana officially listed its shares in the Indonesia Stock Exchange (IDX).
The listing followed the company's p ...
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Showing 6611 to 6615 news of total 6871 |
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- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- Wood Mackenzie - Singapore
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Singapore Mercantile Exchange
- The University of Queensland
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
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