We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 30 January 10
THE ECI / CHINA (S7) ROUTE SOFTENED BY $ 5,736 AND CLOSED AT $ 27,360 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week probably in anticipation of Chinese New year holidays.
BDI INDEX
The BDI dropped by 356 points by 11 pct and closed at 2,848 points. The cape index dropped by 667 points by 16 pct and closed at 3,494 points. Panamax index dropped by 241 points by 6 pct and closed at 3,420 points. The Supramax index dropped by 178 points by 7 pct and closed at 2,271 points. The handy size index dropped by 47 points by about 4 pct and closed at 1,163 points.
CHARTER HIRE
The average charter hire was at Cape US$ 32,182 per day, Panamax US$ 27,499 per day, Supramax US$ 23,741 per day and Handy size US$ 16,953 per day.
| "The futures for three years was at around Panamax $ 19,000, Supramax $ 16,500 and Handy size $ 12,500 per day" – Vistaar Singapore |
The Supramax index in the far east (S6 route) continued to softened and was down by US$ 2,140 per day and closed at US$ 17,920 per day. It seems that next week also would continue to soften because of Chinese new year holidays approaching.
The ECI / China (S7) route softened by US$ 5,736 per day and closed at US$ 27,360 per day. Short period rates for Supramax was around US$ 21 / 22,000 per day for vessels opening Far east / SE Asia. Supramax charter rates for one year is around US$ 19 / 20,000 per day.
THREE YEARS FUTURE
The futures for three years (2010 - 2012) was at around Cape US$ 30,000 per day, Panamax US$ 19,000 per day, Supramax US$ 16,500 per day and Handy size US$ 12,500 per day.
Some analysts expect that the iron ore movement will touch about 1 billion tons this year. Last year the iron ore movement was at 905 million tons. China would be importing almost 65 pct of the global iron ore. The import of coal is expected to increase .
PORT CONGESTION
The congestion at Australian ports in the EC for coal loading was at 137 vessels (last week 139 vessels). The waiting at DBCT was around 30 days , Hay point and Gladstone 7-10 days and Newcastle about 16 days. On the WC Australia iron ore vessels waiting was at 25 vessels (last week 30 vessels). The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
CRUDE
The crude prices continued to be soft and the Brent crude prices was at US$ 71.31 per barrel (last week US$ 72.45 per barrel). The prices of bunkers softened to US$ 460 pmts (IFO 380 cst ex Singapore) on 29th Jan 2010.
FREIGHT FORECAST
Click here for Vistaar’s forecasted (subject to terms & conditions) 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.
|
|
Wednesday, 27 January 10
PEABODY ENERGY EYES 'RED HOT' ASIAN COAL DEMAND
US miner Peabody Energy has seen already-strong Asian markets become “red hot”, as demand for metallurgical and thermal coal strains sup ...
Wednesday, 27 January 10
KOLKOTTA BASED POWER UTILITY CESC LOOKING FOR 100,000 MT OF COAL FOR MAY & JUNE DELIVERY
COALspot.com (India): Kolkotta based power utility CESC, the flagship company of the diversified RPG group of India, has issued a closed tender to b ...
Tuesday, 26 January 10
FREIGHT COST ERODES INDIA CEMENTS NET
"Freight cost increased from an average of around 14% of sales in the previous quarters to around 20% in the third quarter"
The Decembe ...
Tuesday, 26 January 10
VITOL BUYS EXPORT SPACE AT COLOMBIA SANTA MARTA PORT
Global energy trader Vitol has signed a four-year deal to take export capacity at Colombia's 3 million tonnes a year Carbonsan port in Santa Marta, ...
Tuesday, 26 January 10
AUSTRALIAN FIRM TO MINE COAL IN WEST BENGAL
India Resources Ltd (IRL), a mining firm listed on the Australian Stock Exchange, has decided to enter into contract mining of coal in
India ...
|
|
|
Showing 6051 to 6055 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Parliament of New Zealand
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Aboitiz Power Corporation - Philippines
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- PowerSource Philippines DevCo
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Central Java Power - Indonesia
- The University of Queensland
|
| |
| |
|