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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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Thursday, 09 July 09
COAL AND OIL GROUP TO INVEST $300 MN TO BUY SHIPS AND ACQUIRE COAL MINE
Coal & Oil Group is planning to invest around $300 million (around Rs 1,500 crore) to buy new ships and to acquire coal mines. The company is pl ...
Thursday, 09 July 09
NO TRADE ON AUSTRALIA'S ASX COAL FUTURES DEBUT
*ASX's deliverable thermal coal futures debut without trade
*ASX says futures could present new arbitrage opportunities
The debut of Australia ...
Wednesday, 08 July 09
GERMAN COAL PRODUCTION DECREASED BY 31% TO ROUND 3.4 MILLION TON IN 1Q 2009 - COAL IMPORTERS ASSOCIATION, HAMBURG
COALspot.com (Germany):
World Coal Market
According to analysis of VEREIN DER KOHLENIMPORTEURE E.V. , On a quantity basis the s ...
Wednesday, 08 July 09
HUADIAN POWER BUYS INTO COAL MINERS
Huadian Power International Corporation - China's largest independent power producerCannounced Tuesday in a filing to the Shanghai Stock Exchange ...
Tuesday, 07 July 09
RICHARDS BAY TERMINAL COAL EXPORTS ROSE 7.2% IN JUNE
Richards Bay Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments rose 7.2 percent in June from a year earlier.
Export ...
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- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- The University of Queensland
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
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