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