We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Sunday, 25 October 09
THE FUTURE FREIGHT MARKET IS EXPECTED TO HAVE POSITIVE DIRECTION - VISTAAR
 COALspot.com (Singapore): According to Vistaar Shipping an experienced ship operator in Singapore, the BDI shot up this week (19-24 October) by about 11 pct to 3,043 points. The cape size index moved up quite sharply by about 20 pct this week (19-24 October) to 5,842 points and the Panamax index was up by 11 pct to 3,048 points.
The supramax and handy size index did not change much and was almost at same levels at 1,852 points and 895 points. The average charter hire was at Cape / US$ 50, 688 per day, Panamax / US$ 24,471 per day , Supramax / US$ 19,360 per day and Handy size / US$ 12,751 per day.
The supramax index in the Far East (S6 route) at US$ 17,870 per day. The ECI / China (S7) route was slightly firm at US$ 19, 254 per day. However the Far East / SE Asia market was quite firm due to shortage of ships.
Quite a Supramax period charter reported this week (19-24 October) . Short period rates were at US$ 17,500 / 18,000 per day for vessels opening Far East / SE Asia.
The futures for three years for 2010-2012 is around Cape / US$ 26,000 per day, Panamax / US$ 16,000 per day, Supramax / US$ 14, 000 per day, Handy size / US$ 11,000 per day says, Capt. Reddy, MD, Vistaar Shipping, Singapore
The World Steel Association forecasts that world apparent steel use (ASU) will rebound by 9.2% to 1,206 Mt in 2010, recovering from this year’s 8.6% decline to 1,104 Mt, mainly due to sustained strong growth from China. PRC demand is set to grow 18.8% to 526 Mt this year. In contrast, consumption in the world excluding China is forecast to fall
24.4% to 577 Mt. The WSA expects China’s steel consumption in 2010 to rise by 5% to 553 Mt, with demand in the rest of the world rising by 13.1% to 653 Mt.
Based on the above if the steel demand is good, the freight market is expected to have direct positive effect. However the effect of new buildings also is to be seen with quite lot of ships being delivered in next two years.
The congestion in Australia was slightly less at 94 in EC Australia and 19 iron ore vessels waiting WC Australia. The berthing delays at DBCT continued to be around 30 / 40 days and New Castle at 10 days. The congestion in Paradip and Haldia continues to high and uncertain.
The crude prices moved up sharply this week and brent crude was at US$ 78.15 per barrel and the bunker prices was around US$ 466 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 specific routes (cs)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 12 November 09
GANGAVARAM PORT SETS RECORD BY DISCHARGING 80,514 TONNE OF COAL CARGO
Gangavaram Port, the deepest port in the country with water depth of 20 meters, has achieved an unprecedented milestone by discharging 80,514 metric ...
Thursday, 12 November 09
FOREIGN INVESTMENT IN RUSSIAN COAL SECTOR
Reuters reported that, Russia's coal mines, particularly in the Arctic and Far East, are attracting interest from foreign investors as commodity pr ...
Thursday, 12 November 09
BANPU TO INVEST US$ 466 M
Plan targets 33.5m tonnes of coal per year
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is planning capital investments of ...
Wednesday, 11 November 09
NORTHSTAR TAKES 40 PER CENT OF INDONESIAN MINING COMPANY
AltAssets reported that, PT Northstar Pacific Partners, the Indonesian affiliate of US private equity firm TPG, has taken a 40 per cent stake in Ind ...
Wednesday, 11 November 09
INDONESIAN COAL MINERS SOLD BIG VOLUMES OF 2010 TO CHINA
* China has scooped up large volumes of Indonesian coal
* Total exports to China in 2010 seen to exceed 20 million T
* Chinese, Indian demand may ...
|
|
|
Showing 6256 to 6260 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- White Energy Company Limited
- ASAPP Information Group - India
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Planning Commission, India
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
|
| |
| |
|
