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