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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.
The Cape / Panamax / Supramax / Handysize index was almost same with no marginal change and closed at 3,946 / 2,157 / 1,740 / 833 respectively. The average charter rate were at Cape / US$ 37,865 , Panamax / US$ 17,303, Supramax / US$ 18,189 and handysize / US$ 11,981.
"Next week the freight market is expected to be stable and the BDI would stay around 2,500 points" said, Capt. Reddy, Managing Director of Vistaar Shipping Services Pte Limited, Singapore .
The supramax index in the fareast (S6 route) dropped by almost 13% and the charter hire was at US$ 11,393 per day. Also the ECI / China (S7) route softened further and dropped by about 11% and the charter was at US$18,525 pday. The main reason for this seems to be reduced imports of iron ore by china and softening of iron ore prices.
For the first time in several weeks some supramax vessels were reported ballasting to South America. One year charter rates for Supramax was at around US$ 16,000 per day and short period rates for vessels opening Feast / SE Asia was around US$ 15,000/15,500 per day.
The futures for three years for 2010-2012 is around Cape / US$ 26,000 per day, Panamax / US$ 15,500 per day, Supramax / US$ 13,500 per day, Handysize / US$ 10,000 per day.
The congestion in Australia remained at almost same levels which is about 120 coal vessels waiting EC Australia and 16 Iron ore vessels waiting WC Australia. The congestion in EC India Paradip and Visakhapatnam continues to be high.
The crude prices continued to remain firm during the week with brent crude at US$ 73 per barrel and the bunker prices continued to be around US$ 447 per mt 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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Wednesday, 14 October 09
INDONESIA MULLS TO LIMIT COAL EXPORT
China View reported that, The Indonesian government planned to limit coal export of up to 150 million tons per year due to the growing coal demand i ...
Wednesday, 14 October 09
SA'S COAL OUTPUT LIKELY TO RISE BY 2011, BOOSTED BY WATERBERG MINES
Mining weekly reported that, South Africa's coal production will struggle to meet demand over the next few years, but coal production could likely ...
Tuesday, 13 October 09
INDONESIA'S BAYAN SEES 2010 COAL OUTPUT UP 42 PCT
Reuters reported that, Indonesian coal miner PT Bayan Resources Tbk (BYAN.JK) said on Tuesday it expects its coal output to increase by 42 percent i ...
Tuesday, 13 October 09
STRAITS ASIA UPBEAT ON MEETING 2009 COAL OUTPUT
Reuters reported that, Singapore-listed coal miner Straits Asia is still optimistic about meeting its coal output target of 9 million tonnes this ye ...
Tuesday, 13 October 09
THERMAL COAL DEMAND IN CHINA DRIVES PRICE INCREASES
Metal Miner reported that, Thermal coal prices have been falling this year; contrary to many other commodities, both metals and energy that hit bott ...
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- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- PTC India Limited - India
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- MS Steel International - UAE
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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