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Saturday, 22 August 09
'THE BDI IS LIKELY TO BE HOLDING AROUND 2,500 POINTS' - SHIPPING UPDATE
 COALspot.com (Singapore): The dry bulk market continued to be soft and the BDI dropped by 10 percent this week and closed at 24,68 points this week. The cape index dropped by about 14% and the BCI index closed at 4,030 points. The Panamax index was down by about 6% and closed at 2,244 points.
The Suprmax and Handysize index was almost stable and closed at 1,733 points and 823 points respectively. The average charter rate were at Cape / US$ 38,923 , Panamax/ US$ 18,023, Supramax / US$ 18,119 and handysize / US$ 11,927.
"The BDI is likely to be holding around 2,500 points" said Capt. Reddy, Managing Director of Vistaar Shipping Services Pte Limited, Singapore.
He further said, the main reason for pull back seems to be sudden drop of iron ore prices and the charter rates down in the India / Far East sector.
The iron ore import by China in July was quite impressive at 58.8 million tons and also the coal import stood at 13.88 million tons. China has maintained the momentum on import of iron ore and coal until July 2009. The iron ore prices ex India dropped by almost US$ 20 pmt in less than 2 weeks which seems to be because of China slowing down on iron ore imports.
The global steel production reached 100 million tons in July 09 for the first time since September 2008 with strong growth registered for July 09 in China (+13% to 50.7 Mt) and India (+4% to 4.7 Mt).
The congestion in Australia seems to be increasing again with about 120 coal vessels waiting EC Australia and 19 iron ore vessels waiting WC Australia. The congestion in EC India Paradip and Visakhapatnam continues to be high with almost about 10/14 days waiting. Iron ore ports in Australia , Brazil and China indicate about 123 vessels (including coal ports in Australia) waiting to berth.
The charter rates for supramax opening Far East was at around US$ 13,000 per day. The Supramax rates from India to China was at around US$ 20,000 / 21,000 per day. One year charter rates for Supramax was at around US$ 16,500 / 17, 000 per day and short period rates for vessels opening Far East. South East Asia was around US$ 17,000-18,000 pr day.
Two / Three year charter rates is around US$ 15,000-16,000 per day said, Vistaar Shipping. The futures for three years for 2010-2012 is around Cape / US$ 26,000 pday, Panamax / US$ 15,500 per day, Supramax / US$ 13, 500 per day, Handysize / US$ 10,000 pday.
The crude prices continued to remain firm during the week with brent crude at US$ 74 per barrel and the bunker prices continued to be around US$ 442 pmt for IFO(380 cst) prices ex Singapore.
Click here for Vistaar's forecasted (indicative) spot freight rates for coal & iron-ore cargo for 11 specific routes. (cs)
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Monday, 31 August 09
INDIA MMTC ISSUE TENDER TO IMPORT 12.5 MMT COAL TO BE SUPPLIED OVER A PERIOD OF 12 MONTHS
COALspot.com (India): MMTC has re-issued a tender to import 12.50 Million Metric Tonnes (12.50 MMT) (+/- 2%) of thermal coal to be supplied over a p ...
Monday, 31 August 09
INDONESIA ADARO'S NET PROFIT SOARS 1,506 PERCENT ON HIGH PRICES
The Jakarta Post reported that, the country's second largest coal producer, PT Adaro Energy said Sunday that its first-half net profit soared 1,506 ...
Sunday, 30 August 09
THE FUTURES FOR THREE YEARS FOR 2010-2012 IS AROUND PANAMAX / US$ 15,500 & SUPRAMAX / US$ 13,500 PER DAY
COALspot.com (Singapore): The dry bulk market continued to be soft this week and the BDI was almost stable and closed at 2,421 points this week.
...
Friday, 28 August 09
INDONESIA SEEKS TO INCREASE COAL PRODUCTION TO BOLSTER REVENUE
The Jakarta Post, the leading english news paper in Indonesia reported that, Indonesia expects to increase coal production by up to 20 million tons ...
Friday, 28 August 09
MERCURIA ENERGY OPENS INDONESIA TRADING OFFICE
COALspot.com ( Indonesia): Mercuria Energy Group has opened a new office in Jakarta, Indonesia, focussed on trading coal.
Jakarta-based Emanuele ...
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Showing 6461 to 6465 news of total 6871 |
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- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- The University of Queensland
- Mjunction Services Limited - India
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
- Posco Energy - South Korea
- The Treasury - Australian Government
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
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