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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, 23 July 09
COAL IMPORTS SURGE; EXPORTS DOWN IN H1
China Trade Information reported that, China’s coal imports surged by 126.3 percent year-on-year in the first half of 2009, reaching 48.3 mill ...
Thursday, 23 July 09
SRI LANKA CALLS FOR COAL SUPPLY BIDS
Daily Mirro reported that, In a move to install the country’s first coal power plant, Sri Lanka has invited bids to supply 2.4 million metric ...
Thursday, 23 July 09
POWER INVESTORS TURN BACKS ON VIETNAMESE COAL IMPORTERS
VietNamNet Bridge reported that, Investors of power plants always seek foreign coal sources to import themselves, believing they can come by it chea ...
Wednesday, 22 July 09
BERAU COAL DRAWS LOCAL, CHINESE BIDS - SOURCES
* Indonesian coal firm draws local, Chinese bids-sources
* Deal could value Berau at more than $1 billion-sources
Reuters reported that, China' ...
Wednesday, 22 July 09
ONE TENDERS FOR 114,000 MT FOR NOV-JAN
Moroccan state-owned power utility Office National de l’Electricité (ONE) has launched a tender for three handymax shipments of coal fo ...
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- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
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- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Thai Mozambique Logistica
- Planning Commission, India
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- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
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- Indian Oil Corporation Limited
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- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
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- Bukit Asam (Persero) Tbk - Indonesia
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- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
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- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- PTC India Limited - India
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
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