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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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Tuesday, 12 May 09
BANPU'S PROFIT DOUBLES TO RECORD AFTER SALES JUMP - BLOOMBERG
BANPU Pcl, Thailand’s biggest coal producer, reported first-quarter profit more than doubled to a record after higher prices for the fuel boos ...
Tuesday, 12 May 09
COAL IN PLACE, GMR PLANS 2,000-MW THERMAL PLANT - BUSINESS-STANDARD
GMR ENERGY, a subsidiary of Bangalore-based infrastructure company GMR Infrastructure Ltd, is planning to set up a 2,000-Mw thermal power plant near ...
Monday, 11 May 09
SOUTH AFRICA PROBLEMS SLOW INDIA COAL BUYING - MINE WEB
Indian imports of South African coal are likely to be close to 12 million tonnes in 2009, up from 10 million last year.
Indian coal buyers were a ...
Saturday, 09 May 09
THE WEEK SAW BIT OF HECTIC ACTIVITY IN THE FREIGHT MARKET - VISTAAR SHIPPING
COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, one of the experienced ship operator in Singapore, said, the week saw bit of hectic ac ...
Saturday, 09 May 09
CHINA PLANS TO BUILD COAL STOCKPILE BASES IN SHANDONG - BLOOMBERG
China, the world’s largest coal producer and consumer, plans to build stockpiles of the fuel in the eastern province of Shandong to ensure sup ...
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- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- The University of Queensland
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
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