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Monday, 03 August 09
ONE YEAR CHARTER RATES FOR SUPRAMAX WAS AT AROUND USD 18,500 - VISTAAR SINGAPORE
COALspot.com (Singapore) : The freight market was flat this week with hardly any change in the BDI.The cape was up by about 4 pct and closed at 5,385. Panamax continued to drop and closed at 3,183 points down by almost 10 pct. The Supramax and Handysize was flat and closed at 2,081 points and 887 points.
The average charters rates at the close of the last week was at Cape / USD 57,996; Panamax / USD 25,534 ; Supramax / USD 21,755 and Handysize / USD 12,794. The BDI seems to have a resistance level around 3,500 points and expected to remain around these levels for next few weeks.
The congestion in Australia continues to be high with 112 vessels waiting EC Australia and 22 ships waiting WC Audtralia. The waiting in EC India ports Paradip and Visakhapatnam continues , the congestion is mainly due to clearance of cargo from port.
The iron ore import by China continued to remain firm for last couple of weeks and however is expected to weaken a bit as it is likely that the Chinese may import more through long term and volume is also expected to reduce for the balance year, if this happens the spot market may soften. The coal import by China also has reduced considerably.
The Supramax from India to China continued to enjoy good charter rates and the Iron Ore charterers having to pay higher freight, however the market softened slightly for ships opening ECI to China and were seen getting charter rates around USD 28,000 per day.
The Far East / South East Asia also saw some softening with Supramax vessels aiming around USD 16,000-17,000 per day compared to 18,500-19,000 per day last week.
One year charter rates for Supramax was at around USD 18,500 per day and short period rates for vessels opeing Far East.South East Asia was around USD 19,000-20,000 pday said, Capt.Reddy, MD of Vistaar Shipping, Singapore, a experinced ship operator in Singapore.
The crude prices was volatile and closed firm with brent crude closing at around US$ 70 per barrel. The bunker prices for IFO(380 cst) prices ex Singapore was firm at USD 428-430 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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Friday, 07 August 09
BALTIC DRY INDEX HAS WORST WEEK SINCE OCTOBER AS DEMAND SLOWS
Bloomberg reported that, The Baltic Dry Index, a measure of shipping costs for commodities, had its worst week since October as Chinese demand for s ...
Friday, 07 August 09
COAL-PRICE FORECAST RAISED AT MERRILL ON CHINA, INDIA DEMAND
Bloomberg reported that, Bank of America Corp.’s Merrill Lynch & Co. unit increased its price forecast for Asian power-station coal becaus ...
Friday, 07 August 09
CHINESE DEMAND FOR FOREIGN COAL SOARS
Mining Weekly reported that, Chinese coal imports rocketed by 126,3%, year-on-year, in the first half of this year, the country’s customs auth ...
Thursday, 06 August 09
RICHARDS BAY COAL SHIPMENTS FELL 3% ON YEAR IN JULY
Bloomberg reported that, Richards Bay Coal Terminal, Africa’s largest coal-export facility, exported 3 percent less of the fuel in July than i ...
Thursday, 06 August 09
NTPC LOOKS TO BYPASS STATE TRADING FIRMS ON COAL IMPORT
A reduced coal import bill for NTPC could lead to lower power tariffs
Live mint.com reported that, India’s largest power generation utility ...
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- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
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