We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 06 June 09
IS THE RECESSION OVER ? - CAPT. REDDY, VISTAAR SHIPPING
 COALspot.com (Singapore): Is the recession over, that is what most analysts think and seems so from the Baltic Index rally and firm commodity prices.
The Baltic Index continued to rally this week with an increase of 309 points and ending at 3803 points. However the BDI dropped in the later part of the week but overall still appeared to be firm. Next weeks seems will be steady .
The Cape size sector continued to be firm and saw a increase of 687 point and ending with 6812 points. Panamax also gained 352 points and ending at 3252 points. The supramax and Handysize was almost stable ending at 1832 points and 880 points respectively.
"The average charters at the closing of the week is Cape / US$ 76,396 pday; Panamax / US$ 26,077 pday ; Supramax / US$ 19,152 pday and Handysize / US$ 12,690 pday" - Vistaar Shipping
The South American and US Gulf market remained firm. However in the Far East / South East Asia the demand was weak and quite a few spot ships were ballasting south wards. The Chinese imports of iron ore and coal seemed to remain firm. The cargoes bound to India also likely to remain strong especially in steam coal and fertilizers. The cargo movement seems quite good and freight market is expected to be fairly firm.
However with lot of New deliveries in the second half of 2009, there could be over supply of tonnage and the market could remain flat. The bunker prices continued to remain firm with brent crude touching almost US$ 70 per barrel and the IFO (380 cst) prices ex Singapore was around US$ 400 pmt levels.
The crude prices is expected to remain firm over next couple of weeks and hence the bunker prices also would be high.
The short period (4/6 months)rates for supramax continued to remain firm at around US$ 16000 per day with delivery Feast/SE Asia region future.
One year period rate for supramax reported at around US$ 14,000 -15,000 per day with delivery India / Far east region.
The forward freight rates for 3 / 5 months is expected to be around the same as the below indicated spot rates. The indicative spot freight rates on Supramax as follows:
Coal
- Indonesia / East Coast India : US$ 13.50 / 14.00 pmt
- Indonesia / West Coast India : US$ 17.00 / 17.50 pmt
- Richards Bay / WC India : US$ 19.00 / 19.50 pmt
- Richards Bay / East Coast India : US$ 20.00 / 20.50 pmt
- Queensland / East Coast India : US$ 19.50 / 20.00 pmt
Iron Ore
- Wast Coast India / N.China : US$ 16.50 / 17.00 pmt
- East Coast India / N.China : US$ 15.00 / 15.50 pmt
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 28 April 09
S'PORE COURT RULES AGAINST DEUTSCHE ON ASSET SALE - REUTERS
Singapore's highest court has ruled that Deutsche Bank (DBKGn.DE) may have to pay unspecified damages to an investment firm as it did not get the b ...
Tuesday, 28 April 09
WORLD THERMAL COAL PRICE EXPECTED TO CRASH - PURCHASING.COM
Macquarie Bank sees 50% drop to $60/ton in 2009
Macquarie Bank today forecast the 2009 average market price for world thermal coal at $60/ton, a ...
Tuesday, 28 April 09
THAI LANNA TO OPEN NEW INDONESIAN MINE BY Q3 - REUTERS
Thailand's Lanna Resources PCL LANN.BK said on Monday it planned to open a new coal mine in Indonesia by the third quarter of 2009 with an initial ...
Tuesday, 28 April 09
SOUTH AFRICAN EXPORT COAL RETREATS ON WEAKER EUROPEAN DEMAND - BLOOMBERG
Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the fuel, fell for a second co ...
Monday, 27 April 09
INDONESIA S.KALIMANTAN GETS COAL TRUCKS OFF PUBLIC ROADS - REUTERS
A local government in one of Indonesia's top coal-producing areas has banned coal and palm oil firms from using public roads because of the damage ...
|
|
|
Showing 6781 to 6785 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Minerals Council of Australia
- White Energy Company Limited
- Latin American Coal - Colombia
- Parliament of New Zealand
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
|
| |
| |
|
