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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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Thursday, 30 July 09
KOMIPO OFFERED 3 MILLION MT IN TENDER, TEN TIMES OVERSUBSCRIBED
Korea Midland has received offers for 3 million mt of bituminous steam coal in its latest tender despite the power utility seeking only 300,000 mt, ...
Thursday, 30 July 09
PNOC FORGES JOINT VENTURES AS STEPS UP COAL OPERATIONS
The Philippine National Oil Co.-Exploration Corp. has entered joint venture agreements with food and beverage conglomerate San Miguel and Filipinas ...
Thursday, 30 July 09
NAMANE OF SOUTH AFRICA IN SUDAN COAL DEAL, BUSINESS REPORT SAYS
Namane of South Africa in Sudan Coal Deal, Business Report Says
Namane Resources Ltd. of South Africa signed a coal-supply agreement with the Nat ...
Wednesday, 29 July 09
RP COAL DEMAND TO SURGE BY 2014 - PHILIPPINES UPDATE
CEBU, Philippines - With the entry of new coal-fired power generation plants in the Philippines, the Department of Energy (DOE) projected an increas ...
Wednesday, 29 July 09
INDIA HUNGRY FOR OUR COKING COAL ASSETS
The Australian reported that, INDIA is about to embark on a program of rapid coal sector acquisitions in Australia as it looks to plug a huge annual ...
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- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Australian Coal Association
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- White Energy Company Limited
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
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