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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, 22 October 09
2ND UNITED INDONESIA CABINET UNVEILED
The Jakarta Post reported that, President Susilo Bambang Yudhoyono announced his second United Indonesia Cabinet on Wednesday night, comprising 34 m ...
Thursday, 22 October 09
PEABODY SET TO TAP ASIAN DEMAND FOR COAL
The Australian reported that, US coal giant Peabody Energy plans to double its Queensland and NSW coal exports in the next five years, as it looks t ...
Wednesday, 21 October 09
INDONESIA POWER FIRM SEEKS TO DEFER COAL SUPPLIES
Reuters reported that, Indonesia's state power firm is negotiating with two coal producers, including a unit of PT Bumi Resources Tbk, to defer a c ...
Wednesday, 21 October 09
MINING REGULATION GENERATES CONFUSION IN INDONESIA
The Jakarta Globe reported that, Mining industry representatives said on Friday they were confused by a recently issued regulation restricting the w ...
Wednesday, 21 October 09
LAW ACCOMMODATES NATIONAL AND INVESTOR INTERESTS
COALspot.com (Indonesia): According to ESDM, the government has issued five Lawson the energy and mineral resources sector. These laws will prioriti ...
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- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Ministry of Finance - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
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