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Tuesday, 22 September 09
SHORT PERIOD RATE FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI just dropping by about 5 pct to 2,356 points last week. The change is mainly due to Cape size index which dropped by 15 pct last week and closed at 3,008 points.
"It is interesting to note that the Cape index has been continuously falling and in last six weeks has dropped by almost 45 pct. It appears that there would be pressure on Cape size vessels due to quite a few new deliveries in next 2 years" said Capt. Reddy an experienced ship operator in Singapore.
According to Vistaar Shipping, Singapore, the Panamax / Supramax / Handy size index has been firm / steady last week and closed at 2,572 , 2,063 and 948 points respectively. The charter hire end of last week was at Cape / US$ 27,520 per day, Panamax / US$ 20,630 per day, Supramax / US$ 21,567 per day and Handy size / US$ 13,340 per day
The Supramax index in the far East (S6 route) increased by 11 pct and the charter hire was at US$ 14,580 per day. The ECI / China (S7) route firmed up by 21 pct and the charter hire was at US$ 18,383 per day. The India / Feast seems will be firm this week which indicates that the iron ore exports to china are picking up. The freight rates from Indonesia and Australia would be firm this week further elaborate Vistaar Shipping of Singapore.
Short period rate for Supramax was around US$ 17,000 per day for vessels opening Far East / SE Asia. The futures for three years for 2010-2012 is around Cape / US$ 22,000 per day, Panamax / US$ 15,000 per day, Supramax / US$ 14,000 per day, Handy size / US$ 10,500 per day.
The congestion in Australia was at 117 vessels in EC Australia and 17 Iron ore vessels waiting WC Australia. The congestion in EC India Paradip and Visakhapatnam continues to be uncertain.
The crude prices was holding fairly firm and was at US$ 71 pmt per barrel and the bunker prices was around US$ 437 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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Wednesday, 09 September 09
CHINESE INTEREST IN AUSTRALIA COAL TICKS UP AS PRICES FALL
After a lull of about two months, Australian thermal coal producers are now seeing renewed interest from Chinese buyers for spot cargoes in the four ...
Wednesday, 09 September 09
SALES FORECAST UP ON BETTER DISTRIBUTION
The Jakarta Post reported that, State coal producer PT Tambang Batubara Bukit Asam (PT BA) expects coal sales to rise by 11 percent next year as it ...
Wednesday, 09 September 09
NTPC HIRES MACQUARIE TO ADVISE INDONESIA COAL MINE PURCHASE
Bloomberg reported that, NTPC Ltd., Asia’s biggest power utility by value, has hired Macquarie Group Ltd. to evaluate a proposed coal mine pur ...
Tuesday, 08 September 09
SOUTH AFRICAN COAL FALLS MOST IN 11 WEEKS ON EXCESSIVE PRICES
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
Tuesday, 08 September 09
INDIA MAY HAVE A JOINT WORKING GROUP FOR COAL WITH INDONESIA: SRIPRAKASH JAISWAL - PRESS RELEASE
Press Information Bureau of India reported in its web site that, The Coal Ministry has, in principle, agreed to set up a Joint Working Group for coa ...
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- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Planning Commission, India
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
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