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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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Saturday, 02 May 09
COAL PRICES TO RISE ON CHINESE SUPPLY, INDIAN DEMAND, UBS SAYS
Peter Hickson, an analyst with UBS AG in London, comments on prices for thermal coal, burned to generate power. He commented in a report today.
& ...
Friday, 01 May 09
DEUTSCHE, BECKKETT CLAIMING ADARO WIN - THE JAKARTA GLOBE
Both Deutsche Bank AG and Beckkett, an investment firm controlled by Indonesian tycoon Sukanto Tanoto, claimed victory on Tuesday after Singapore&rs ...
Thursday, 30 April 09
SAN MIGUEL IN TALKS TO BUY STAKE IN ADARO - REUTERS
San Miguel Corp is in talks to buy a stake worth about $500 million in Adaro Energy , Indonesia's largest coal producer by market value, the Philip ...
Wednesday, 29 April 09
BAYAN READY TO OPERATE WORLD'S LARGEST COAL QUALITY IMPROVEMENT FACILITY - MAJALAH TAMBANG
PT. Bayan Resources Tbk. (hereinafter referred to as Bayan), an Indonesian coal manufacturer, announced that they are ready to operate the world's ...
Wednesday, 29 April 09
NEW GOV'T REGULATION SHOULD INCORPORATE CONFLICT SETTLEMENT BODY - ICMA (MAJALAH TAMBANG)
A draft government regulation on mineral and coal is currently in a process of completion. The Indonesian Coal Mining Association (ICMA) proposed th ...
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- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Planning Commission, India
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Parliament of New Zealand
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
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