We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 27 June 09
HEAVY CONGESTION AT AUSTRALIAN PORTS REACHING ALL TIME HIGH TO 120 SHIPS IN EAST COAST AUSTRALIA - VISTAAR SHIPPING
 COALspot.com (Singapore): The market this week was a bit soft and the BDI was down by almost 10 pct and closed at 3,703 points.
The drop in BDI is mainly due to Cape which was down by 890 points and closed at 7,106 points. The Panamax index also dropped by 308 points and closed at 2,817 points. The Supramax index was almost at same levels just down by 15 points and closing at 1,734 points, whereas the Handysize index dropped by 245 points closing at 764 points.
The average charters rates at the close of the week was at Cape / US$ 78,945; Panamax / US$ 22,582 ; Supramax / US$ 18,134 and Handysize / US$ 11,004. The BDI as mentioned last week seems will continue to be between 3,500 to 4,500 points for next few weeks.
There is heavy congestion at Australian ports reaching all time high to 120 ships in East Coast Australia.
Also several Chinese and some Indian ports are congested heavily. There could a correction in BDI and pressure could be on the dry bulk market if the congestion reduces at these ports there is a possibility that the market could soften.
The iron ore import by China continued to remain firm and China is expected to import around 517 million tonnes this year 2009 compared to 480 million tonnes last year 2008.
There is a talk of Indian government imposing a export tax/levy on iron ore which could make Indian iron ore less competitive compared to Barzilian and Australian iron ore. This could affect the shipping market especially the Supramax and handysize sector. Since last two/three weeks Supramax ships continued enjoyed good charter rates at usd 20,000-22,000 per day.
The other factor which could have a major impact on shipping is discovery of 3 billion tons of iron ore deposits by China in Liaoning Province (near Beijing) ,however the grade may not match rich ores of Brazil and Australia, the deposit could still impact long-term import demand for the Chinese steel industry, and therefore reduce shipments for major global suppliers like BHP Billiton Rio Tinto , and Vale.
The Supramax from India to China continued to enjoy good charter rates and the iron ore charterers having to pay higher freight. The Far East/South East Asia was slightly soft as compared to last week. Other regions also was slightly soft.
The short period rates with dely Far East was around same almost at levels as last week at Supramax- US$ 15,000 / 16,000 ; Panamax / US$ 21,000 and Cape / US$ 58,000.
There was relatively less period activity compared to last week.
The crude prices was slightly soft with brent crude down to US$ 67 per barrel but however the prices rebound to US$ 70 per barrel levels. The bunker prices for IFO (380 cst) prices ex Singapore was firm at US$ 405-410 pmt.
"Most analysts expect that the crude prices is expected to maintain at the current levels and bunker prices expected to remain firm" - Capt.Reddy, Vistaar Shipping, Singapore
The indicative spot freight rates on Supramax quoted by Vistaar Shipping is as follows:
Coal
-Indonesia / EC India : US$ 13.50 / 14.00 pmt
-Indonesia / WC India : US$ 16.50 / 17.00 pmt
-Richards Bay / WC India : US$ 21.00 / 22.00 pmt
-Richards Bay / EC India : US$ 22.00 / 23.00 pmt
-Queensland / EC India : US$ 20.00 /21.00 pmt
Iron Ore
-WC India / N.China : US$ 18.00 / 19.00 pmt
-EC India / N.China : US$ 17.00 / 18.00 pmt
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 01 June 09
LAHAT RELIES ON COAL FOR GROWTH
Lahat regency in South Sumatra spans 6,618.27 square kilometers, encompasses 19 districts and covers 528 subdistricts and villages. It is inhabited ...
Monday, 01 June 09
LANDED COST OF IMPORTED COAL HAS INCREASED BY 10 - 15% COMPARE TO EARLY THIS YEAR - PAKISTAN TRADERS
COALspot.com (Pakistan): Due to visiting non commercial vessels occupied commercial berths in Karachi port, coal carrying vessels were sufferi ...
Monday, 01 June 09
LAHAT RELIES ON COAL FOR GROWTH - THE JAKARTA POST
Lahat regency in South Sumatra spans 6,618.27 square kilometers, encompasses 19 districts and covers 528 subdistricts and villages. It is inhabited ...
Saturday, 30 May 09
THE CHINESE IMPORTS OF IRON ORE,COAL AND NICKEL ORE SEEMED TO BE STEADY - VISTAAR SINGAPORE
COALspot.com (Singapore): VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore,said, the Baltic index rally continued this week ...
Saturday, 30 May 09
COAL INDIA SIGNS FUEL SUPPLY AGREEMENT WITH NTPC - SINDHTODAY
India’s largest coal miner Coal India Friday inked a much-awaited fuel supply agreement (FSA) with power generation major NTPC Ltd.
In the ...
|
|
|
Showing 6721 to 6725 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Minerals Council of Australia
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- The University of Queensland
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- CNBM International Corporation - China
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
|
| |
| |
|
