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Saturday, 09 May 09
THE WEEK SAW BIT OF HECTIC ACTIVITY IN THE FREIGHT MARKET - VISTAAR SHIPPING
COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, one of the experienced ship operator in Singapore, said, the week saw bit of hectic activity in the freight market. The BDI ended this week at 2194 which is an increase of 388 points over last one week. There has been quite a good demand for ships out of Indonesia, South America and US Gulf and there has been good amount of cargoes.
The spot supramax demand was quite firm for cargoes out of Indonesia and have been demanding US$ 15,000/17,000 per day for trips to India and Pacific round voyages. The market is expected to continue to be firm over next week. However the market is likely to come off towards end May/early June.
The iron ore exports from India have been steady and supramax ships were being fixed at around usd 13000 per day. The WC India market is expected to weaken second half of May due to monsoons and could see ships ballasting to South Africa / South America.
Vistaar added, the bunker prices had increased substantially and current IFO prices around 350 pmt. This will have a additional impact on the freight. The short period (4/6 months) rates for larger supramax is around US$ 13,000 / 14,000 per day in Feast/ SE Asia region
Vistaar's forecasted indicative spot freight rates on Supramax for next coming weeks as follows:
Coal
- Indonesia / East Coast (EC) India : US$ 13 / 13.50 pmt
- Indonesia / West Coast (WC) India : US$ 16.50 /17.00 pmt
- Richards Bay / West Coast (WC) India : US$ 15.50 pmt
- Richards Bay / East Coast (EC) India : US$ 16.00 pmt
- Queensland / East Coast (EC) India : US$ 18 / 18.50 pmt
Iron Ore
- WC India / N.China : US$ 13 /13.50 pmt
- EC India / N.China : US$ 12.50 pmt
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Tuesday, 12 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
Energy and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
Tuesday, 12 May 09
BANPU'S PROFIT DOUBLES TO RECORD AFTER SALES JUMP - BLOOMBERG
BANPU Pcl, Thailand’s biggest coal producer, reported first-quarter profit more than doubled to a record after higher prices for the fuel boos ...
Tuesday, 12 May 09
COAL IN PLACE, GMR PLANS 2,000-MW THERMAL PLANT - BUSINESS-STANDARD
GMR ENERGY, a subsidiary of Bangalore-based infrastructure company GMR Infrastructure Ltd, is planning to set up a 2,000-Mw thermal power plant near ...
Monday, 11 May 09
SOUTH AFRICA PROBLEMS SLOW INDIA COAL BUYING - MINE WEB
Indian imports of South African coal are likely to be close to 12 million tonnes in 2009, up from 10 million last year.
Indian coal buyers were a ...
Saturday, 09 May 09
CHINA PLANS TO BUILD COAL STOCKPILE BASES IN SHANDONG - BLOOMBERG
China, the world’s largest coal producer and consumer, plans to build stockpiles of the fuel in the eastern province of Shandong to ensure sup ...
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- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Australian Coal Association
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- White Energy Company Limited
- Wilmar Investment Holdings
- MS Steel International - UAE
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
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