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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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Sunday, 26 April 09
INDONESIAN GOVT SAYS COAL MINES CAUSE WEEKLONG FLOOD - THE JAKARTA POST
Samarinda administration in East Kalimantan admitted openly Thursday that the weeklong flood that paralyzed the city was caused by unruly management ...
Saturday, 25 April 09
FOREIGN SHARE DIVESTMENT STARTING THE 6TH YEAR OF PRODUCTION - MAJALAH TAMBANG
The government would set a divestment scheme for foreign miners, which would require companies to divest their ownership starting the 6th year of pr ...
Saturday, 25 April 09
INDO TAMBANGRAYA MEGAH ALLOCATED USD 126 MILLION FOR CAPITAL SPENDING - MAJALAH TAMBANG
Somyot Ruchirawat, President Director of PT Indo Tambangraya Megah, Tbk (ITMG), has announced the company's total dividend payment of Rp 1,345 per ...
Saturday, 25 April 09
MINING SECTOR IS STILL ON THE SURPLUS - THE JAKARTA POST
The global financial crisis is apparently also having an impact on the mining sector. People are thinking twice about investing in the mining sector ...
Saturday, 25 April 09
ADARO RUNS CATARACT OPERATION PROGRAM - THE JAKARTA POST
As part of its CSR program, thermal coal producer PT Adaro Indonesia has made cataract operations available to residents of Tandjung district, South ...
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- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- Planning Commission, India
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
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