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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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Monday, 27 April 09
JSW ENERGY SET TO SNAP UP AFRICAN COAL MINE FOR $70 MN - ECONOMIC TIMES
Sajjan Jindal-led JSW Energy is close to acquiring a sub-Saharan African thermal coal mine, which has reserves of more than 200 million ...
Monday, 27 April 09
INDONESIA MINING RULES MAY DETER INVESTORS-OFFICIALS - REUTERS
Indonesia's rules on foreign divestment of mining projects must be revised to address issues such as finding buyers if Southeast Asia's biggest ec ...
Monday, 27 April 09
UNDERGROUND MINING IN FOREST AREAS NOT SO SIMPLE - THE JAKARTA POST
The government's plan to issue a presidential decree allowing mining companies to mine underground in protected forest concession areas has resulte ...
Monday, 27 April 09
COAL PRICES ABOVE FUNDAMENTALS - STUFF.CO.NZ
Coal prices have defied the gravity of fundamental factors, supported by stockpiling prompted by cheaper prompt prices rather than a reflextion of a ...
Sunday, 26 April 09
MITRA HOPES TO SECURE DEALS WITH TWO COAL FIRMS BY JUNE - THE JAKARTA POST
An integrated oil and gas services company, publicly listed PT Mitra Rajasa, is expecting to seal acquisition deals with two coal companies in June, ...
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- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- The University of Queensland
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
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