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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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Thursday, 08 October 09
COAL INDIA SAYS IMPORTS COULD JUMP 10 TIMES IN 3 YRS
Reuters reported that, Coal imports by state explorer Coal India Ltd could jump 10 times to 40-45 million tonnes in three years to meet a sharp rise ...
Thursday, 08 October 09
MINING TO ATTRACT $6B: BKPM
The Jakarta Post reported that, Indonesia’s mining sector could expect investment of up to US$6 billion in the 2010-2012 period, in part becau ...
Thursday, 08 October 09
INDIA DEMAND TO HELP DIRE COAL OUTLOOK - MACQUARIE
Reuters reported that, Macquarie Securities said on Wednesday its bearish short-term outlook on thermal coal may begin improving in a year's time o ...
Thursday, 08 October 09
ESSAR UNIT WINS INR 479 CR (US$ 103,272,401) ORISSA PROJECT
The firm will develop and operate the terminal at Paradip port; the contract will stretch up to 30 years
Live Mint reported that, Essar Shipping ...
Wednesday, 07 October 09
ESSAR, JINDAL IN TAKEOVER TUSSLE FOR AUSTRALIAN COAL MINER
Reuters reported that, Privately owned Essar Group has launched a surprise A$144.2 million ($128.1 million) bid for Australian coal minnow Rocklands ...
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- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Planning Commission, India
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- The Treasury - Australian Government
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
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