We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 11 July 09
THE IMPORT OF STEAM COAL FROM INDONESIA & S/A TO INDIA WILL CONTINUE TO INCREASE - VISTAAR
 COALspot.com ( Singapore): Vistaar Shipping, an experienced ship operator in Singapore said, The market continued to be soft this with doubts about global economy recovery and talks about another stimulus package by the US.
The stock markets globaly remained soft this week. The BDI was down by 535 points which has been quite sharp and closed at 2,985 points.
The main cause for the BDI is again the Cape index which fell by 1,594 points which is about 25% drop in a week and closed at 4,844 points. The Panamax index dropped marginally by 75 points and closed at 2,952 points. The Supramax and Handysize gained by 99 points and 45 points and closed at 1,817 points and 794 points respectively.
The average charters rates at the close of the week was at Cape / US$ 51,223 ; Panamax / US$ 23,615 ; Supramax / US$ 19, 002 and Handysize / US$ 11,387.
The pressure on BDI is likely to continue , however the BDI is expected to stay around 3,000 points.
The congestion at Australian ports continues to be at around 121 vessels waiting off EC Australia. The congestion in Paradip and Haldia is continuing to be high with about 47 ships waiting at Paradip.
China's appetite for iron ore and coal imports is expected to be weak in Q3 and if this happens will definitely have a affect on the shipping market. The import of steam coal from Indonesia and South Africa to India will continue to increase especially with quite a few thermal power plants in the pipeline and will be operational in 3 / 5 years.
The Panamax / Supramax / Handy size were fairly holding firm . Supramax opening Far East were getting around US$ 15,000 - 16,000 pday for SE Asia to India / China and supramax opening in India continued to get good healthy rates around US$ 22,000 / 23,000 per day for trip to Feast.
Short period rates for Supramax opening feast was around US$ 16,000 per day. Panamax opening feast were being fixed around US$ 18,000 / 19,000 per day said, Capt. Reddy, MD, Vistaar Shipping, Singapore.
Capt. Reddy is expected the future for 3 years 2010 / 2011 / 2012 is around Cape / US$ 30, 000 per day , Panamax / US$ 17,000 per day, Supramax / US$ 13,500 per day and Handy size / US$ 10,500 per day
The crude prices was under pressure and the brent crude prices fell below US$ 60 per barrel and closed at US$ 59.89. Seems the crude prices will around US$ 60 levels next week. The bunker prices for IFO(380 cst) prices ex Singapore went down to US$ 385 pmt but however closed on Friday at US$ 395 pmt .
Click here for Vistaar's forecasted (indicative) spot freight rates for coal & iron-ore cargo for 11 specific routes.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 07 July 09
Q+A - INDONESIA MINING SECTOR FACES ELECTION RISKS - REUTERS
Indonesia has struggled to lure foreign investment to its mining sector in recent years, and the nationalist line on resource exploitation taken by ...
Tuesday, 07 July 09
INDIKA ENERGY COMPLETES THE ACQUISITION OF PETROSEA
TAMBANG reported that, PT Indika Energy, Tbk has officially announced that it has completed the acquisition of PT Petrosea, Tbk. from Clough Interna ...
Tuesday, 07 July 09
RUSSIAN AUDITORS ATTACK COAL EXPORTERS OVER PRICING
Russia's budget is losing substantial revenues because the country's exporters ship coal overseas at artificially low prices through various offsh ...
Tuesday, 07 July 09
RBCT COAL EXPORTS TO REMAIN BELOW CAPACITY IN 2009
Coal volumes railed to South Africa’s Richards Bay Coal Terminal are continuing to fall far short of the corridor’s nameplate yearly cap ...
Tuesday, 07 July 09
TATA POWER AID THE INDONESIAN COAL MINES
BL reported that Mr Prasad Menon MD of TATA Power aid the Indonesian coal mines PT Kaltim Prima Coal and PT Arutmin Indonesia in which TATA Power ha ...
|
|
|
Showing 6621 to 6625 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Savvy Resources Ltd - HongKong
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Posco Energy - South Korea
|
| |
| |
|
