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Saturday, 26 September 09
THE INDIA / FAR EAST SEEMS WILL BE FIRM NEXT WEEK - VISTAAR
 COALspot.com (Singapore): The dry bulk market was soft this week and the BDI dropped by almost 7 pct to 2,183 points. The cape size index dropped by 11 pct to 2,677 points and charter rate dropped by US$ 4,200 this week to US$ 23,317 per day.
The cape index has been softening continuously since July 2009 and seems that there would be pressure on Cape size vessels in next coming weeks. The Panamax index softened this week and the index dropped by 10 pct to 2,317 points. The Supramax / Handy size index has been steady this week and closed at 2,058 and 960 points respectively. The charter hire end of this week was at Cape / US$ 23,317 per day, Panamax / US$ 18,593 per day, Supramax / US$ 21,514 per day and Handy size / US$ 13,529 per day.
The Supramax index in the Far East (S6 route) continued to be holding and the charter hire was at US$ 14,900 per day. The ECI / China (S7) route also firmed up by 6 pct and the charter hire was at US$ 19,613 per day. The India / Far East seems will be firm next week.
Short period rates for Supramax was around US$ 17,000 per day for vessels opening Far East / SE Asia. The futures for three years for 2010-2012 is around Cape / US$ 23,000 per day, Panamax / US$ 15,000 per day, Supramax / US$ 14,000 per day, Handy size / US$ 10,500 per day.
According to Allied Ship broking’s latest weekly report, the global order book for all ship types equals to more than 4,800 vessels, with expected deliveries from 2009 and up to 2012.
During this year, there are expected deliveries of 690 dry bulk vessels, with their numbers almost doubling at 1,273 in 2010, before dropping to 940 in 2011 and even lower at 345 in 2012.
As far as tankers are concerned, owners are expected to accept deliveries of 508 in 2009, 600 in 2010, 400 in 2011 and just 56 in 2012.
The unprecedented deliveries of this large volume is definitely likely to put pressure on charter rates says Capt. Reddy, Managing Director of Vistaar Shipping, an experienced ship operator in Singapore.
The congestion in Australia was at 112 vessels in EC Australia and 18 iron ore vessels waiting WC Australia.
The berthing delays at DBCT is almost at 24 days and New Castle at 12 days. The congestion in EC India Paradip and Visakhapatnam continues to be uncertain.
The crude prices was soft this week and Brent crude was at US$ 65 pmt per barrel and the bunker prices was around US$ 417 pmt for IFO (380 CST) prices ex Singapore.
Click here for Vistaar’ s forecasted (terms & conditions apply) spot freight rates for coal & Iron-ore cargo for 11 specific routes.(cs)
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Wednesday, 12 August 09
COAL INDIA TO IMPORT 4 MLN T 2009/10 - MEDIA
State-run Coal India Ltd plans to directly import 4 million tonnes of coal in the current fiscal year to March 2010, Chairman Partha Bhattacharyya s ...
Wednesday, 12 August 09
CHINA'S LARGEST COAL PRODUCER TO SET UP COAL RESERVES
China's National Development and Reform Commission has commissioned China Shenhua Energy Co., the nation's largest coal producer, to build 10 stor ...
Wednesday, 12 August 09
NALCO SMELTER CONSTRUCTION MAY FACE DELAY
The Jakarta Post reported that, India’s state-run National Aluminum Company (Nalco) may postpone the construction of an aluminum smelter in In ...
Wednesday, 12 August 09
COAL MINE PLAN SHOT DOWN OVER GREEN CONCERNS
The Times of India reported that, In a major setback to Adani Powers, the principal chief conservator of forests (PCCF) has rejected its proposal fo ...
Tuesday, 11 August 09
INDONESIA'S COAL EXPORTS TO INDIA WILL BE EXEMPTED FROM DUTIES STARTING JANUARY 1, 2013 - BERITA SORE
Berita sore reported that, ASEAN is scheduled to sign a long-awaited Free Trade Agreement (FTA) with India in Bangkok on Thursday aimed at boosting ...
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- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Planning Commission, India
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Lanco Infratech Ltd - India
- PTC India Limited - India
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Australian Coal Association
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
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