We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 10 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - CAPT. REDDY
COALspot.com (Singapore): The BDI again firmed up this week by almost 14 pct to 2,695 points. The cape size index moved up quite sharply by 25 pct this week to 4,107 points. The panama index also moved up by 14 pct this to 2,705 points. The supramax and handysize index did not change much and was almost at same levels. The average charter hire was at Cape / US$ 40,711 per day,Panamax / US$ 21,722 per day , Supramax / US$ 18,825 per day and Handysize / US$ 13,749 pday.
According to Vistaar Shipping, the supramax index in the Far East (S6 route) moved up by about US$ 500 and was at US$ 14,970 per day. The ECI / China (S7) route was also slightly soft at US$ 18,533 per day. These routes is expected to move as the Chinese holidays are over.
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$ 24,000 per day, Panamax / US$ 15,000 per day, Supramax / US$ 14,000 per day, Handysize / US$ 10,500 per day says, Capt. Reddy, MD Vistaar Shipping, Singapore
According to yesterday’s weekly report by shipbrokers George Moundreas & Co, compiled by George Grigoriadis, India could also emerge as a potential “player” in the dry bulk market. “India is actively looking for new sources of coal, with Mozambique being the latest trend. According to Coal India Ltd., imports could increase by 140 million tonnes per year by 2012” said Mr. Grigoriadis.
He further adds that “this means in simple arithmetic and in Supramax terms, additional needs for 300 ships by 2012, just for this trade. The size of the current Supramax orderbook for the period 2010-2013 is about 50% of this, which is a clear indication that the days of balance (between supply and demand) may not come soon, but they will arrive sooner than what we think”. Still, in the short and mid-term this type of dependence from emerging economies must be reduced during 2010, through a speedier recovery and contribution to tonnage demand from the US, the EU and Japan, in order for the freight market to withstand the delivery of almost five new dry bulk carriers per day, as dictated by the current global orderbook.
The congestion in Australia was slightly less at 122 in EC Australia and 22 iron ore vessels waiting WC Australia. The berthing delays at DBCT continued to be around 24 days and New Castle at 16 days. The congestion in Paradip and Haldia continues to high and uncertain.
The crude prices slightly moved up this week and brent crude was at US$ 69.50 per barrel and the bunker prices was around US$ 431 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 specific routes (cs)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 12 October 09
SHANDUKA BUYS SACMH RICHARDS BAY COAL ALLOCATION
* Shanduka Coal takes SACMH 500,000T export space
* RBCT must approve any change of ownership
Reuters reported that, South Africa's Shanduka Co ...
Monday, 12 October 09
INDONESIA TO CUT ROYALTIES TO BOOST LOW QUALITY COAL
Reuters reported that, Indonesia, the world's biggest exporter of thermal coal, plans to cut royalties paid by producers holding certain contracts ...
Monday, 12 October 09
SAMPUR COAL POWER PLANT AGREEMENT
Sunday Observer reported that, The construction work of the Sri Lanka-India joint venture coal power plant which costs US dollars 500 million will c ...
Saturday, 10 October 09
COAL PRICES TIPPED TO SURGE BY 40% AS GLOBAL DEMAND RECOVERS NEXT YEAR
Power-station coal prices may climb by more than 40 percent in 2010 from current levels as a global economic recovery boosts demand from power plant ...
Saturday, 10 October 09
PT BUMI RESOURCES TO EXPECT 2010 ELECTRIC AND COAL PRICE UP TO US$ 100/T
Indonesia coal producer, PT Bumi Resources recently stated that the revival of the global economy pushes up the demand from power plants and steel m ...
|
|
|
Showing 6351 to 6355 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Trasteel International SA, Italy
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Independent Power Producers Association of India
- The University of Queensland
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Australian Coal Association
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
|
| |
| |
|