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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, 25 April 09
KPC DEVELOPS EAST KALIMANTAN WITH GOVT - THE JAKARTA POST
Kaltim Prima Coal (KPC) focuses on several areas in its CSR projects to help the government increase the welfare of the community living around the ...
Friday, 24 April 09
NAPOCOR TO TENDER FOR 195,000 T COAL - ABS-CBNNEWS.COM
Top Philippine electricity producer National Power Corp. (Napocor) said on Friday it will hold a tender on May 20 to buy 195,000 tons of steam coal ...
Friday, 24 April 09
NTPC TO DELVE INTO CONTRACT MINING - ECONOMICTIMES
NTPC, India’s largest power producer, plans to cash in on its decades-old experience in handling coal mines by spinning off a separate u ...
Wednesday, 22 April 09
PROTECTED FORESTS FACING UNDERGROUND MINING THREAT - THE JAKARTA POST
The government is soon to issue a presidential regulation allowing mining companies to mine underground in protected forest areas, despite a recent ...
Tuesday, 21 April 09
MITRA RAJASA TO ACQUIRE TWO MINING COMPANIES - THE JAKARTA POST
PT Mitra Rajasa Tbk plans to acquire PT Realita Jaya Mandiri and PT Masindo Artha Resources in South Sumatra, which are worth around US$40 million.
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- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Planning Commission, India
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- White Energy Company Limited
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Australian Coal Association
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
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