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Monday, 04 May 09
VISTAAR SINGAPORE SAYS, THIS MONTH DRY BULK FREIGHT LIKELY TO COME DOWN
COALspot.com (Singapore) - VISTAAR shipping Services Pte Limited of Singapore, said, the beginning of last week started with bit of weakness and the market continued to be soft until closing of last week. However the BDI was up on Friday closing at 1806.
The spot supramax demand was quite firm where ships were demanding US$ 15,000/16,000 per day for trips to India and Pacific round voyages. The market for second Half May seems to be weak and charter rates are likely to coming down.
The iron exports from India has been slowing down and ships from India were seeing around US$ 12,000 per day. With the onset of Monsoons the cargoes out of India will be much less especially West Coast India and this is likely to cause weakness and the market for ships opening WC India and PG region.
Capt. Reddy, MD of Vistaar Singapore, indicated spot freight rates from Indonesia to east coast India for coal loading at US$ 10.75 and west coast at US$ 13.50 PMT compare to US$ 15/16 last week to WC India .
The softness reasons could be attributed to coming holidays and golden week in China , however no effect of H1N1 flu yet on the shipping market. Meantime Richards Bay, South Africa to East Coast India at US$ 14.50 and west Coast India at US$ 14.00 pmt for Supramax Loading. Queensland to EC India freights at usd 16 pmt.
Iron Ore loading from India to north China was between US$ 11.50 to 12.50 pmt depending on loading port / loading terms in India. Capt. Reddy is optimistic about cargo volume in and out to India due to the demand of steam coal and will continue to rise in India with additionally with Pakistan planning to import about 3 million tons of coal this year.
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Tuesday, 05 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE - BLOOMBERG
COAL shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 18 percent last week while the numb ...
Tuesday, 05 May 09
INDONESIA'S ADARO PAYS $78.6 MLN FOR COAL-BARGING FIRM - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, said late on Monday it paid $78.6 million for a 74 percent stake in Orchard ...
Tuesday, 05 May 09
PHILIPPINES SEMIRARA STILL EXPECTS HIKE IN COAL SALES - BUSINESS MIRROR
DESPITE the anticipated soft demand resulting from the prevailing global financial crisis, the country’s largest coal producer Semirara Mining ...
Monday, 04 May 09
PNOC-EC TO GROW COAL OPERATIONS - PHILIPPINE DAILY INQUIRER
LISTED firm Philippine National Oil Co.-Exploration Corp. plans to expand its operations this year to ensure the steady supply of coal and fur ...
Saturday, 02 May 09
BUMI'S FIRST-QUARTER PROFIT RISES 21% ON COAL PRICE - BLOOMBERG
PT BUMI RESOURCES, Asia’s biggest exporter of power-station coal, said first-quarter profit rose 21 percent after it earned higher prices for ...
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- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
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- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
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- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
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- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
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- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
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- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Carbofer General Trading SA - India
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- Economic Council, Georgia
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- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
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- Minerals Council of Australia
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- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
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- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
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- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Vedanta Resources Plc - India
- The University of Queensland
- Indian Oil Corporation Limited
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- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
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- Australian Coal Association
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- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
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- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
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- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
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- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
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- Wood Mackenzie - Singapore
- Marubeni Corporation - India
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- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
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- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
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- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
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- New Zealand Coal & Carbon
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