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Saturday, 23 May 09
THE SPOT SUPRAMAX CONTINUED TO BE FIRM - VISTAAR SINGAPORE
COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore, said, the beginning of the week continued to be firm however towards end of the week the freight market appeared to slow down , the main reason could be due to holidays in most parts of the world.
The BDI ended this week at 2786 with a increase of 242 points. The main reason for increase in BDI is due to increase in Cape Size index which has gone up this week by 852 points and charter hires gone up by US$ 11,000 per day at US$ 45,000 per day .The Panamax went up by 181 point and Supramax by 83 points .
The momentum of Chinese imports of iron ore / coal seemed to be steady and needs to be seen whether this will be maintained over the next few weeks. Understand the Chinese are stocking iron ore and some sources suggest that about 100 million tons of iron ore is piled up at various ports which is enough for several months production.
"The decisive election results in India and formation of a stable government for next 5 years, the Indian market is expected to have a sustained growth" Vistaar shipping MD Capt. Reddy told to COALspot.com
The spot supramax continued to be firm , however there was slight softening towards end of the week. The supramax in feast/se Asia were seen being fixed at US$ 15,000/18,000 per day depending on the position for trips to India and Pacific round voyages.
The monsoons is expected to hit West Coast India early this year and the iron ore shipments will slow down from west coast India.
The week continued to see Ships vessels ballasting to South America / Black sea from India / PG range being fixed at around US$ 16,000 per day.
The bunker prices continued to remain firm with brent crude at US$ 61 per barrel and the IFO prices ex Singapore touching US$ 357/358 pmt levels.
The short period (4/6 months) rates for larger supramax is around US$ 15,000 per day in Far east / SE Asia region future. One year period rate for supramax reported at US$ 14,000 per day with delivery India / Feast region.
The forward freight rates for 3/5 months is expected to be around the same as the below indicated spot rates, unless there are some major changes in the global scenario.
The indicative spot freight rates on Supramax as follows:
Coal
-Indonesia / East Coast India : US$ 13.00 / 13.50 pmt
-Indonesia / West Coast India : US$ 16.00 / 16.50 pmt
-Richards Bay / West Coast India : US$ 18.00 / 18.50 pmt
-Richards Bay / East Coast India : US$ 19.00 / 19.50 pmt
-Queensland / East Coast India : US$ 21.50 / 22.00 pmt
Iron Ore
-West Coast India / N.China : US$ 15.50 / 16.00 pmt
-East Coast India / N.China : US$ 14.00 / 14.50 pmt
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Wednesday, 05 August 09
SMALLER DRY BULK CARRIERS TO FARE BETTER UNTIL THE END OF 2009 - SHIPPING
Marcor Shipping reported that, Smaller ship types are expected to outtake larger ones in dry bulk trade for the period until the end of the year. Th ...
Wednesday, 05 August 09
PEOPLE'S MINING SHOULD BE REGULATED UNDER RPP MINERBA
The Indonesian Institute of Science (LIPI) has called on the government to include a specific provision for people’s mining in the draft govern ...
Tuesday, 04 August 09
SRI LANKA IS LOOKING FOR 650,000 TON OF COAL NEXT YEAR FOR ITS FIRST 900 MW POWER PLANT.
COALspot.com ( Sri Lanka) : Lanka Coal Company Limited was issued a tender on 23 July 2009 to purchase 650,000 +/- 20% MT Bituminous Coal per a ...
Monday, 03 August 09
ONE YEAR CHARTER RATES FOR SUPRAMAX WAS AT AROUND USD 18,500 - VISTAAR SINGAPORE
COALspot.com (Singapore) : The freight market was flat this week with hardly any change in the BDI.The cape was up by about 4 pct and closed at 5,38 ...
Saturday, 01 August 09
APGENCO SAYS BOUGHT 500,000T MALAYSIAN COAL
The Malaysian Insider reported that, Indian state utility Andhra Pradesh Power Generation Corporation Ltd (Apgenco) has bought 500,000 tonnes of Mal ...
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- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- MS Steel International - UAE
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
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