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Saturday, 15 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - VISTAAR SHIPPING
 COALspot.com (Singapore): The dry bulk market continued to be soft in the beginning of the week, however towards to end of the week the BDI recovered and closed at 2,752 points almost at same levels as last week.
The cape , panamax and supramax index was down by about 7 pct and closed at 4,708 , 2,391 and 1,709 respectively. The handysize index was almost steady and closed at 829 points. The average charter rates on closing of this week was at Cape / US$ 47,719 , Panamax / US$ 19,213, Supramax / US$ 17,875 and Handysize / US$ 12,010.
As we had mentioned earlier the BDI resistence levels seems to be around 2,500 points and seems next week the BDI will move up again by 10/15 pct and would be around 3,000 points .
The china's uncertainty of iron ore and coal imports seems to be the main reason of the week shipping market and is expected to be volatile for some time. The charter rates for supramax opening Far East was at around US$ 14,000 pday , however spot vessels for short voyages were reported fixed at lower levels. The Supramax rates from India to China was at around US$ 21,000/22,000 per day.
This week both these routes are expected to be firming up.
According to Capt. Reddy, MD of Vistaar Shipping, one year charter rates for Supramax was at around US$ 17,000 per day and short period rates for vessels opening Far East.SE Asia was around US$ 17,000-18,000 per day. He further said, Two / Three year charter rates is around US$ 15000-16000 per day.
The congestion in Australia seems to be easing off slightly with about 94 coal vessels waiting EC Australia and 22 iron ore vessels waiting WC Australia. The congestion in EC India Paradip and Visakhapatnam continues to be high with almost about 12/14 days waiting and this is expected to continue for some more time.
The crude prices was fairly firm during the week with brent crude , however on 14th Aug closed a bit lower at around US$ 70.70 per barrel. However the bunker prices for IFO(380 cst) prices ex Singapore continued to be firm at around IFO(380cst)/usd 445 pmt.
Click here for Vistaar's forecasted (indicative) spot freight rates for coal & iron-ore cargo for 11 specific routes. (cs)
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Wednesday, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com (German): Oversupply in the World Market. In 2Q 2009 the steam coal prices sank massive in comparison to the previous years quart ...
Wednesday, 19 August 09
MMTC SCRAPS CONTROVERSIAL COAL TENDER
Most of NTPC’s coal-based projects don’t have sufficient stock of coal
State-owned trading firm MMTC Ltd has scrapped its controversi ...
Wednesday, 19 August 09
THE 3RD ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2009 WILL BE HELD IN CHINA IN SEPTEMBER 2009
COALspot.com (China): Due to the inversion of domestic and overseas coal price in China, China coal import increased dramatically and continuously. ...
Wednesday, 19 August 09
COAL INDIA PLANS SUBSIDIARY IN MOZAMBIQUE
Business Standard reported that, Coal India Ltd (CIL), which was awarded two exploratory coal blocks in Mozambique in March this year, has decided t ...
Tuesday, 18 August 09
INDIA PLANS 'SIMPLER' MINING LAW TO BOOST INVESTMENT
Bloomberg reported that, India aims to cut permit delays and attract overseas capital through “simpler” resource investment laws to help ...
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Showing 6491 to 6495 news of total 6871 |
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- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- White Energy Company Limited
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Australian Coal Association
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Independent Power Producers Association of India
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- The Treasury - Australian Government
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
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