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Saturday, 12 September 09
THE INDIA / FAR EAST SEEMS WILL CONTINUE TO BE SOFT UNTIL THE IRON ORE MOVEMENTS PICKS UP - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market continued to be stable at almost as same levels as last week and the BDI was at 2,468 points.
According to Vistaar Shipping, the cape index was almost same as last week and had dropped by 112 points and closed at 3,539 points. The Panamax, Supramax and Handysize index was up by about 16 pct , 10 pct and 6 pct respectively and the index closed 2,550 points, 1,917 point and 916 points respectively. The average charter rates were at Cape/US$ 33,555 , Panamax/US$ 20,4361, Supramax/US$ 20,432 and handysize/US$12,955.
Next week also the BDI is expected to be around 2,500 points.
The supramax index in the Far East (S6 route) increased by almost 18 pct and the charter hire was at US$ 13,075. The ECI/China (S7) route had softened by about 7 pct and the charter hire was at US$ 15,179 pday.
"The India / Far East seems will continue to be soft until the iron ore movements picks up. However as of now the iron ore ex India is quite soft and does not seem that the demand would increase" said, Capt. Reddy, Managing Director of Vistaar Shipping Services, Singapore
This week several Panamax vessels were reported fixed on short period charter at around US$ 19,000/20,000 per day for ships opening Far East. Short period rate for Supramax was around US$ 16,000 per day for vessels opening Far East/SE Asia.
According to Vistaar Shipping, an experinced ship operator in Singapore, the futures for three years for 2010-2012 is around Cape / US$ 24,000 per day, Panamax / US$ 15,000 per day, Supramax / US$ 13,500 per day and Handysize / US$ 10,500 per day.
The congestion in Australia continued to increase and was at 130 vessels in EC Australia and 21 iron ore vessels waiting WC Australia. The congestion in EC India Paradip and Visakhapatnam continues to be high.
The crude prices were up probably due to OPEC meeting and was at US$ 72 pmt per barrel and the bunker prices was around US$ 433 pmt for IFO(380 cst) prices ex Singapore.
Click here for Vistaar's forecasted (terms & conditions apply) spot freight rates for coal & Iron-ore cargo for 11 specific routes.(cs)
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Saturday, 12 September 09
$1.5B KALIMANTAN COAL RAIL TENDER EXPECTED BY YEAR-END
The Jakarta Globe reported that, In the second announcement on major coal-railway projects in as many days, Central Kalimantan’s top official ...
Friday, 11 September 09
INDONESIA COAL-PRICES AT $66, SUPPLIERS OFFER AT BARGAIN PRICES
Some Indonesian producers were rushing to sell coal at bargain prices to ease excess stocks and catch shipments before the Muslim Eid Al-Fitr festiv ...
Friday, 11 September 09
ALPHA NATURAL EXPECTS HIGHER MET, STEAM COAL PRICES IN 2010
Mining Weekly reported that, There are encouraging signs that metallurgical coal demand in most key global markets is either returning or poised to ...
Friday, 11 September 09
POWER SECTOR'S DEPENDENCE ON COAL TO CONTINUE
The power sector will continue to be largely dependant on coal-based thermal power plants to meet its energy needs for the next 15-20 years, Power S ...
Friday, 11 September 09
L&T EYES AUSSIE COAL MINE
Commodity Online reported that, Larsen and Toubro is in talks to buy a thermal coal mine in Australia for about $300 million. Thermal coal is used f ...
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- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- ASAPP Information Group - India
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- MS Steel International - UAE
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Australian Coal Association
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- White Energy Company Limited
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
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