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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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Tuesday, 23 June 09
NEWCASTLE WEEKLY COAL EXPORTS DECREASE 15%; SHIP QUEUE RISES
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, fell 15 percent last week while the numb ...
Tuesday, 23 June 09
NAPOCOR TO RE-TENDER FOR 195,000 T COAL IN JULY
Electricity producer National Power Corp. (Napocor) will hold a tender on July 15 to buy 195,000 tons of steam coal for its Sual power station, the ...
Monday, 22 June 09
ONE DIES IN KUTAI COAL TUNNEL COLLAPSE
The Jakarta Post reported that, A tunnel at a coal mine belonging to company PT Fajar Bumi Sakti in Kutai Kartanegara, East Kalimantan collapsed on ...
Monday, 22 June 09
THIS WEEK IS EXPECTED TO BE FIRM AND DEMAND OF SHIPS WOULD BE STRONG - VISTAAR SINGAPORE
COALspot.com (Singapore): The BDI up by 487 points over last week which is an increase of almost 13 pct. The increase is again mainly due to Ca ...
Monday, 22 June 09
CHINESE MAY COAL IMPORTS HIT RECORD 9.43 MILLION TONNES
Reuters quoted Custom Data showed that China's coal imports hit an all-time record of 9.43 million tonnes in May.
The figure surpasses the previ ...
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- Commonwealth Bank - Australia
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- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
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- Indogreen Group - Indonesia
- International Coal Ventures Pvt Ltd - India
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- Romanian Commodities Exchange
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
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- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
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- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
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- PowerSource Philippines DevCo
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- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- Indian Energy Exchange, India
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
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- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Australian Coal Association
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- Trasteel International SA, Italy
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
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- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
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- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Planning Commission, India
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- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
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- Lanco Infratech Ltd - India
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Parliament of New Zealand
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- SN Aboitiz Power Inc, Philippines
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
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- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Marubeni Corporation - India
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Minerals Council of Australia
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
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- Simpson Spence & Young - Indonesia
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- Global Green Power PLC Corporation, Philippines
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- Merrill Lynch Commodities Europe
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