We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 26 September 09
THE INDIA / FAR EAST SEEMS WILL BE FIRM NEXT WEEK - VISTAAR
COALspot.com (Singapore): The dry bulk market was soft this week and the BDI dropped by almost 7 pct to 2,183 points. The cape size index dropped by 11 pct to 2,677 points and charter rate dropped by US$ 4,200 this week to US$ 23,317 per day.
The cape index has been softening continuously since July 2009 and seems that there would be pressure on Cape size vessels in next coming weeks. The Panamax index softened this week and the index dropped by 10 pct to 2,317 points. The Supramax / Handy size index has been steady this week and closed at 2,058 and 960 points respectively. The charter hire end of this week was at Cape / US$ 23,317 per day, Panamax / US$ 18,593 per day, Supramax / US$ 21,514 per day and Handy size / US$ 13,529 per day.
The Supramax index in the Far East (S6 route) continued to be holding and the charter hire was at US$ 14,900 per day. The ECI / China (S7) route also firmed up by 6 pct and the charter hire was at US$ 19,613 per day. The India / Far East seems will be firm next week.
Short period rates 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$ 23,000 per day, Panamax / US$ 15,000 per day, Supramax / US$ 14,000 per day, Handy size / US$ 10,500 per day.
According to Allied Ship broking’s latest weekly report, the global order book for all ship types equals to more than 4,800 vessels, with expected deliveries from 2009 and up to 2012.
During this year, there are expected deliveries of 690 dry bulk vessels, with their numbers almost doubling at 1,273 in 2010, before dropping to 940 in 2011 and even lower at 345 in 2012.
As far as tankers are concerned, owners are expected to accept deliveries of 508 in 2009, 600 in 2010, 400 in 2011 and just 56 in 2012.
The unprecedented deliveries of this large volume is definitely likely to put pressure on charter rates says Capt. Reddy, Managing Director of Vistaar Shipping, an experienced ship operator in Singapore.
The congestion in Australia was at 112 vessels in EC Australia and 18 iron ore vessels waiting WC Australia.
The berthing delays at DBCT is almost at 24 days and New Castle at 12 days. The congestion in EC India Paradip and Visakhapatnam continues to be uncertain.
The crude prices was soft this week and Brent crude was at US$ 65 pmt per barrel and the bunker prices was around US$ 417 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)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 15 October 09
SOUTH AFRICAN MINING COMPANY ACCEPTED $92 MILLION BID FOR COAL MINE STAKE IN SIYANDA COAL
Paguntaka reported that, Sentula Mining Ltd. gained in Johannesburg trading after the South African company accepted a 686 million-rand ($92 million ...
Thursday, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic ...
Thursday, 15 October 09
AUSTRALIAN MINING COMPANIES REPORTED FINDING 1.5 BILLION COAL MINE DEPOSIT IN MOZAMBIQUE
Paguntaka reported that, Mozambique is a country that has the potential mining areas are very rich. Many mining companies who want to invest in the ...
Wednesday, 14 October 09
INDONESIA POWER FIRM SIGNS LOAN AGREEMENTS FOR OVER $1 BLN
Reuters reported that, Indonesia's state electricity firm PT Perusahaan Listrik Negara (PLN) has raised more than $1 billion from a group of banks ...
Wednesday, 14 October 09
LARSEN & TOUBRO MAY ENTER POWER GENERATION BUSINESS IN INDIA
Bloomberg reported that, Larsen & Toubro Ltd., India’s biggest engineering company, said it is considering entering the power generation b ...
|
|
|
Showing 6336 to 6340 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- PTC India Limited - India
- McConnell Dowell - Australia
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
|
| |
| |
|