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Monday, 27 July 09
SHORT AND ONE YEAR PERIOD RATES FOR SUPRAMAX WAS FIRM AT AROUND US$ 18, 000 -18,500 PER DAY
 COALspot.com (Singapore): The Supramax charter rates up sharply last week (ended 24th July 2009), especially India / Far East region said, Capt. Reddy, MD of Vistaar Shipping of Singapore.
However the BDI was down by about 5 pct and closed at 3,345 points. The cape index fell by 13 pct this week and closed at 5,170 points. All other index went up marginally from to 2 - 6 pct to side and closed at Panamax / 3,524 points, Supramax / 2,091 points and handysize / 879 points, said Capt. Reddy on Monday.
The BDI continues to be around 3,500 points and seems will maintain between 3,000-4,000 points.
Supramax charter rates opening in India to China was firm and up by almost US$ 8,000 per day and ships have been reported fixed at around US$ 32,000 - 33,000 per day. Ships opening Far East also was quite firm and for single voyages the charter rates was around US$ 18,000-20,000 per day.
There has been quite a few period fixtures reported last week. Short and one year period rates for Supramax was firm at around US$ 18, 000 - 18,500 per day. Panamax rates for short period and one year period was at around US$ 20,000 - 22,000 per day.
The spot average charter rates was at Cape / US$ 55,193 per day, Panamax / US$ 28,209 per day , Supramax / US$ 21,861 per day and Handysize / US$ 12,648 per day.
Vistaar Shipping, an experinced ship operator in Singapore further said, the future for 3 years 2010 / 2011 / 2012 would be around Cape / US$ 32,000 per day, Panamax / US$ 17,000 per day, Supramax / US$ 14,000 per day and Handysize / US$10,500 per day.
The main reason for the firm rates seems to be because of grain cargoes ex NOPAC and iron ore buying by China with iron ore CIF prices touching almost US$ 100 pmt. Suspension of spot sales by Australia seems to be the main reason for increased buying by China from India and Brazil.
The other reason is increased demand of coal imports by China. With some news of iron ore prices likely to be concluded in next days by China with Australia, there could be some changes to the freight market. Most steel mils are reporting losses and others are reporting decline in profits due to sluggish demand , the steel demand has to pick and demand also should be good to support import of large quantities of iron ore by China.
The charter rates ex US Gulf and South America was fairly flat and no ships were reported fixed ex Persian Gulf / India ballasting to South America.
The congestion in Australian ports continues with slightly less number of ships this week to 103. In India except for Paradip all other ports are having minimum delays.
The crude prices was up and the brent crude prices was up sharply to around US$ 69 per barrel. The bunker prices firmed up and the IFO(380 cst) prices ex Singapore was quite volatile this week ranging from US$ 409-430 pmt. The prices closed on 24 July 2009 Friday at around US$ 432 pmt.
Click here for Vistaar Shipping's forecasted (indicative) spot freight rates for coal & iron-ore cargo for 11 specific routes. (cs)
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Tuesday, 14 July 09
NEWCASTLE WEEKLY COAL EXPORTS RISE 11%; SHIP QUEUE DECREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 11 ...
Monday, 13 July 09
EXPORT COAL PRODUCTION FROM MOOIPLAATS COULD START IN NOVEMBER
Mining Weekly reported that, South Africa-focused emerging miner Coal of Africa (CoAL) has completed a revised mining layout for its Mooiplaats ...
Monday, 13 July 09
NAPOCOR AWARDS 195,000 T COAL TO INDONESIAN FIRMS
ABC-CBN News reported that, Philippine electricity producer National Power Corp (Napocor) has awarded 195,000 tons in coal supply contracts to two I ...
Monday, 13 July 09
PAKISTAN TO IMPORT ABOUT 2.4 MILLION TONS OF INDONESIAN COAL AND 1.6 MILLION TON OF SOUTH AFRICAN COAL WITHIN NEXT 12 MONTHS
COALspot.com (Pakistan) : Pakistan has exported well over 12 million tons of cement while local sales have dropped a bit with the result 33 million to ...
Monday, 13 July 09
COAL SECTOR IN VIETNAM INCREASE THE TARGET 43 MILLION TONNES THIS YEAR
Asian Mining Stock reported that, there was a change in a very good Coal Mining Industries Group (TKV) that Vietnam has decided to increase coa ...
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- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- White Energy Company Limited
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Planning Commission, India
- CNBM International Corporation - China
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Australian Coal Association
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- Tamil Nadu electricity Board
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