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Sunday, 01 November 09
THE COAL MOVEMENT TO INDIA FROM SOUTH AFRICA AND INDONESIA WOULD BE CONTINUE INCREASE - VISTAAR SINGAPORE
COALspot.com (Singapore): The BDI continued to be firm with an increase of 60 points and closed at 3,103 points.
The cape index also was firm and up by 205 points and closed at 5,047 points and the Panamax index was up by 102 pints at 3,150 points. The Supramax and Handysize was almost at same levels with slight softening and closed at 1,820 points and 867 points respectively.
The average charter hire was at Cape / US$ 52,657 per day, Panamax / US$ 25,292 per day , Supramax / US$ 19,026 per day and Handysize / US$ 12,401 per day.
The supramax index in the far east (S6 route) was quite firm at US$ 18,150 per day. The ECI / China (S7) route was slightly soft at US$ 19, 026 per day. The Far east / SE Asia market was quite hot this week with most supramax demanding close to US$ 20,000 per day.
Short period rates were at US$ 18,500 / 19000 per day for vessels opening Far east / SE Asia. The futures for three years for 2010-2012 is around Cape / US$ 27,000 per day, Panamax / US$ 16,000 per day, Supramax / US$ 14,000 per day, Handysize / US$ 11,000 per day.
"The bulk cargo movement seems to be picking up and if it continues the charterer rates would continue to be firm" says Capt. Reddy, Managing Director of Vistaar Shipping Singapore.
He further said, the futures are still weak and there does not seem to be much optimism. The coal movement to India from South Africa and Indonesia would be continue increase and demand for ships is expected to be quite be strong in this region.
The congestion in Australia increased to 106 vessels in EC Australia and 25 iron ore vessels waiting WC Australia. The berthing delays at DBCT continued to be around 30/40 days and New Castle at 10 days.
The crude prices was slightly soft compared to last week and brent crude was at US$ 75.22 per barrel. The bunker prices was around US$ 460 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)
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Thursday, 29 October 09
PTC INDIA UNIT CHASES 2.5 MTPA INDONESIAN COAL
Reuters reported that, PTC Energy is in talks with an Indonesian firm to source 2.5 million tonnes per annum (MTPA) coal for its 350-400 MW power to ...
Thursday, 29 October 09
CHINA MAY SEEK THERMAL COAL ELSEWHERE IF AUSTRALIAN EXPORT COSTS RISE, SAYS REPORT
The Australian reported that, CHINA is likely to turn to alternative markets for thermal coal if the cost and availability of Australia's exports a ...
Thursday, 29 October 09
CURRENCIES, ASIA DEMAND TO LIFT EUROPE COAL PRICE
Supportive currency movements and strong Asian demand mean the price of coal delivered into Europe is poised to rise more than 30 percent to above $ ...
Wednesday, 28 October 09
AUSTRALIAN POWER STATION COAL PRICE TOPPED USD 73 A TONNE
Reuters reported that prices of power station coal in Australia, a benchmark for Asia, crept up for the fourth week and topped USD 73 a tonne, as a ...
Wednesday, 28 October 09
MIDDLE EAST COAL EYEING INDIAN POWER PLANTS IN EXCHANGE FOR LONG TERM COAL SUPPLY
Reuters reported that UAE's Middle East Coal is in talks to buy equity stakes in India's power plants in exchange for long term coal supply.
ME ...
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- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- PTC India Limited - India
- Singapore Mercantile Exchange
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Minerals Council of Australia
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Planning Commission, India
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
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