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.
|
|
Sunday, 21 June 09
CHINESE MINERS SEAL THERMAL COAL DEALS WITH JAPAN AND KOREA
As the confrontation between China's power and coal enterprises become more and more serious, coal enterprises which had supposedly been in the sho ...
Sunday, 21 June 09
MERCATOR TO BUY 3 BULK VESSELS
Mercator Lines, India’s second-largest private shipping company, is expanding its capacity and is set to acquire three gearless post-Panamax b ...
Sunday, 21 June 09
COAL SCARCITY HITS BIHAR POWER PLANTS
The Rs 60,000 crore 12,500mw power projects cleared by the State Investment Planning Board (SIPB) which could change the face of Bihar if commission ...
Sunday, 21 June 09
NLC CHALKS OUT RS 40K CR INVESTMENT
Public sector mini rathna, Neyveli Lignite Corporation is in rapid expansion mode and has chalked out Rs 40,000 crore investment both in
the mining ...
Sunday, 21 June 09
TRANSPORT PROBLEMS HOLD BACK RUSSIAN COAL EXPORTS
Limited rail capacity and poor port infrastructure are frustrating the ambitions of Russia's leading coal producers to increase exports quickly to ...
|
|
|
Showing 6661 to 6665 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Parliament of New Zealand
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
|
| |
| |
|
