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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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- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Agrawal Coal Company - India
- Planning Commission, India
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
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