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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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- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Central Electricity Authority - India
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- White Energy Company Limited
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Planning Commission, India
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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