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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, 30 September 09
INDIA CEMENTS SET TO PRODUCE POWER; EYES COAL MINE IN INDONESIA
Financial Express reported that, Tamil Nadu-based India Cements Ltd (ICL) has firmed up plans to produce power to meet its current and future requir ...
Wednesday, 30 September 09
COKING COAL PRICES MAY TOUCH $200/TN IN 2010-11
Business Standard reported that, Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the In ...
Wednesday, 30 September 09
PURNOMO BIDS 'GOODBYE' TO ENERGY MINISTRY
The Jakarta globe reported that, In what could be construed as a resignation speech from a government official — but perhaps wasn’t &mda ...
Tuesday, 29 September 09
MINING AND ENERGY DAY 2009
The Minister of Energy and Mineral Resources, Purnomo Yusgiantoro led the ceremony marking 2009 Mining and Energy Day celebrations, held at the Depa ...
Tuesday, 29 September 09
BUKIT ASAM REDUCES ITS SALES TARGET
Tempo Interactive reported that, PT Tambang Batubara Bukit Asam Tbk has decided to reduce its sales target this year from 14.5 million tons of coal ...
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- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Rio Tinto Coal - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Deloitte Consulting - India
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
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