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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, 07 October 09
COAL INDIA LOOKS AT LONG-TERM PRICE CONTRACTS
Economic Times reported that, Coal India is looking at long-term price contracts, of at least three-four year periods, with foreign entities, 54 of ...
Wednesday, 07 October 09
COAL INDIA, SHIPPING CORP MAY FORM VENTURE TO IMPORT COAL
The venture may be on the lines of the firm that CIL plans with SAIL for coal imports in which both to hold 25%
Live Mint reported that, State-ru ...
Tuesday, 06 October 09
ASIA COAL-PRICE REBOUND TOWARDS $71 ON TENDER ACTIVITY
Reuters reported that, Prices of power-station coal in Australia, a benchmark for Asia, rose 4 percent in the latest week to near $71 a tonne, bolst ...
Tuesday, 06 October 09
BHARATHI CEMENT TO ADD 2.5 MT CAPACITY BY 2010
Business-Standard reported that, Bharathi Cement Corporation (BCC) commenced its commercial operations from its Nallalingayapalli manufacturing plan ...
Tuesday, 06 October 09
MOZAMBIQUE TO BUILD COAL RAILWAY
BBC reported that, Mozambique's government has announced that it has secured $500m (£313m) to build a new railway line. The transport ministe ...
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- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Marubeni Corporation - India
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Latin American Coal - Colombia
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Planning Commission, India
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
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