We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 08 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - CAPT. REDDY
 COALspot.com (Singapore): The dry bulk market tumbled this week and the BDI dropped by almost 17% and closed at 2,772 points.
The cape and panamax index also dropped by 17/18% and closed at 4,444 points and 2,599 point respectively. The supramax index dropped by 11% and closed at 1,840 points and the handysize index dropped by 6% and closed at 833 points.
The average charters rates at the close of this week was at Cape / US$ 45,528 ; Panamax / US$ 20,880 ; Supramax / US$ 19,242 and Handysize / US$ 12,051. The BDI may not drop below 2,500 points and feel there would be a correction next week and would between 2,500-3,000 points.
The main reason for the drop in freight market in India / Far East region seems to be reduction Iron ore imports by china. It was expected that the volume will come down for the balance of this year, however at this point no data is available for same.
According to Vistaar Shipping, an experinced ship operator from Singapore, the charter rates on Supramax from EC India to China was at US$ 22,475 per day which has dropped by almost US$ 10,000 in last two weeks where as the SE Asia round voyage the charter rates on Supramax dropped by US$ 2,700 in last two weeks. The India / Far East sector is expected to be weak next week.
Capt. Reddy, MD of Vistaar Shipping belives that, one year charter rates for Supramax was at around US$ 18,000 per day and short period rates for vessels opening Far East / SE Asia was around US$ 19,000-20,000 pday.
"Two / Three year charter rates is around US$ 15,000-16,000 per day" - Capt. Reddy
The congestion in Australian ports continues to be high with 111 vessels waiting EC Australia and 30 ships waiting WC Australia. The waiting on iron ore vessels has increased from 22 to 30 vessels this week.
The congestion in EC India Paradip and Visakhapatnam continues and this is expected to continue for some more time.
The crude prices was fairly firm and the brent crude trading around US$ 73 per barrel. The bunker prices for IFO(380 cst) prices ex Singapore was firm and gone upto IFO(380cst) / US$ 452 pmt , however closed lower at around IFO (380cst) / US$ 437 pmt.
Click here for Vistaar's forecasted (indicative) spot freight rates for coal & iron-ore cargo for 11 specific routes. (cs)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 07 July 09
ECONOMIC SURVEY 2008-09 OPEN UP COAL TO FUEL POWER PLANTS
TOI reported that the coal ministry's efforts at opening doors for full private entry through open bidding in coal mining got a boost, with the Eco ...
Tuesday, 07 July 09
POWER - STATION COAL MAY RISE ON CHINA DEMAND, SUPPLIES, UBS SAYS
Power-station coal prices in Asia may increase in 2010 because of higher demand from China, the second-largest energy-consuming nation, and supply c ...
Saturday, 04 July 09
FREIGHT FUTURE FOR 3 YEARS UNTIL 2012 WAS FAIRLY SOFT AROUND PANAMAX / US$ 16,000, SUPRAMAX / US$ 13,000 PER DAY
COALspot.com (Singapore): According to Vistaar shipping, an experinced ship operator in Singapore, the freight market was soft with bit nervousness ...
Saturday, 04 July 09
CHINA BUYS 17% OF MINER TECK RESOURCES FOR $1.5 BILLION
* To sell 17.2 percent stake to China Investment Corp
* To raise proceeds of C$1.74 bln
* Shares rise 3.2 percent (Adds details. In U.S. dol ...
Saturday, 04 July 09
MINING CONTRACT SOUGHT FOR COAL AREA IN MASBATE
Because of its coal deposits, a town in Masbate is one of the sites in the country being sought out for exploration and development by mining compan ...
|
|
|
Showing 6626 to 6630 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- White Energy Company Limited
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Indogreen Group - Indonesia
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- Marubeni Corporation - India
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
|
| |
| |
|
