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Monday, 03 August 09
ONE YEAR CHARTER RATES FOR SUPRAMAX WAS AT AROUND USD 18,500 - VISTAAR SINGAPORE
COALspot.com (Singapore) : The freight market was flat this week with hardly any change in the BDI.The cape was up by about 4 pct and closed at 5,385. Panamax continued to drop and closed at 3,183 points down by almost 10 pct. The Supramax and Handysize was flat and closed at 2,081 points and 887 points.
The average charters rates at the close of the last week was at Cape / USD 57,996; Panamax / USD 25,534 ; Supramax / USD 21,755 and Handysize / USD 12,794. The BDI seems to have a resistance level around 3,500 points and expected to remain around these levels for next few weeks.
The congestion in Australia continues to be high with 112 vessels waiting EC Australia and 22 ships waiting WC Audtralia. The waiting in EC India ports Paradip and Visakhapatnam continues , the congestion is mainly due to clearance of cargo from port.
The iron ore import by China continued to remain firm for last couple of weeks and however is expected to weaken a bit as it is likely that the Chinese may import more through long term and volume is also expected to reduce for the balance year, if this happens the spot market may soften. The coal import by China also has reduced considerably.
The Supramax from India to China continued to enjoy good charter rates and the Iron Ore charterers having to pay higher freight, however the market softened slightly for ships opening ECI to China and were seen getting charter rates around USD 28,000 per day.
The Far East / South East Asia also saw some softening with Supramax vessels aiming around USD 16,000-17,000 per day compared to 18,500-19,000 per day last week.
One year charter rates for Supramax was at around USD 18,500 per day and short period rates for vessels opeing Far East.South East Asia was around USD 19,000-20,000 pday said, Capt.Reddy, MD of Vistaar Shipping, Singapore, a experinced ship operator in Singapore.
The crude prices was volatile and closed firm with brent crude closing at around US$ 70 per barrel. The bunker prices for IFO(380 cst) prices ex Singapore was firm at USD 428-430 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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- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- The University of Queensland
- Singapore Mercantile Exchange
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Bhatia International Limited - India
- The Treasury - Australian Government
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Economic Council, Georgia
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- Interocean Group of Companies - India
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Parliament of New Zealand
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