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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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- Wilmar Investment Holdings
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- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Australian Coal Association
- Wood Mackenzie - Singapore
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- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
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- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Mercator Lines Limited - India
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- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
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- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
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- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
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- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
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- New Zealand Coal & Carbon
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- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- The Treasury - Australian Government
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
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- PNOC Exploration Corporation - Philippines
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- The University of Queensland
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- Borneo Indobara - Indonesia
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- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
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- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
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- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
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- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
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