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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, 04 July 09
S. AFRICA'S RICHARDS BAY TO CAP NEW COAL VOLUMES, MININGMX SAYS
South Africa’s Richards Bay Coal Terminal is proposing restrictions on the quotas it awards to coal exporters from the so-called Phase 5 expansi ...
Saturday, 04 July 09
DALRYMPLE BAY COAL TERMINAL EXPANSION COMPLETE
BABCOCK & Brown Infrastructure has completed expansion of the Dalrymple Bay Coal Terminal (DBCT) near Mackay, Queensland.
The terminal is now ...
Friday, 03 July 09
CHINA SHENHUA TO DOUBLE COAL CAPACITY BY 2014-PAPER
China Shenhua Energy Co Ltd plans to double its annual coal production capacity by 2014 from this year's level, the China Securities Journal report ...
Friday, 03 July 09
UKRAINE CUTS COAL PRODUCTION 9.3 PERCENT IN H1
Ukraine reduced coal production approximately 9.3%, or by 3.673 million tonnes, to 35.879 million tonnes in the first half of 2009 compared to the s ...
Thursday, 02 July 09
PETCOKE BOOMS AS CEMENT MAKERS TRY TO REPLACE COAL
* Cement makers led by Asia chase petcoke to replace coal
* Petcoke prices up $10/T Feb-Jun, set to rise further
* Domestic U.S. petcoke demand ma ...
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- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Economic Council, Georgia
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- The University of Queensland
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Central Electricity Authority - India
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
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