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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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Thursday, 06 August 09
CHINA JULY COAL IMPORTS AT 9.5 MLN T, DEMAND FIRM
* Coal imports at key ports in July 2.8 times year-ago levels
* July coal imports down nearly 40 percent from June
* China still buying overseas c ...
Thursday, 06 August 09
CASES FILED AGAINST ESSAR ALGOMA OVER TERMINATED COAL SHIPMENTS
Steel Guru reported that, It is reported that units of International Coal Group Inc and Arch Coal Inc have filed federal lawsuits in the same court ...
Thursday, 06 August 09
COMPULSORY MINE RECLAMATION PROPOSED FOR A MINING'S LIFETIME
Tambang reported that, A data from the Forestry Ministry showed that almost 65 percent of mining activities operated under contract of work, c ...
Thursday, 06 August 09
MINING PERMITS FOR THOSE COMMITTED TO SMELTER DEVELOPMENT ONLY
Tambang reported tht, Concrete and tangible endeavors are key to guarantee the attainment of added value from mining sector. The Indonesian Ministry ...
Thursday, 06 August 09
PRESS RELEASE - CZECH COAL CONTESTS THE J&T AND IPO MERGER
Prague, 3 August 2009 - The Czech Coal Group filed today objections to the proposed merger of the J&T Group and International Power Opatovice (I ...
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- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Minerals Council of Australia
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- White Energy Company Limited
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- CNBM International Corporation - China
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- Globalindo Alam Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
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