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.
|
|
Friday, 23 October 09
AUSTRALIA APPROVES CHINESE TAKEOVER OF FELIX RESOURCES
* Australia give conditional approval to China's Felix deal
* Chinese owner must list the assets on Australian exchange
Reuters reported that, ...
Friday, 23 October 09
IVANHOE TARGETING 20 MILLION TONS OF COAL OUTPUT IN MONGOLIA
Bloomberg reported that, Ivanhoe Mines Ltd., developing a $4 billion copper and gold mine in Mongolia with Rio Tinto Group, is targeting long-term c ...
Friday, 23 October 09
XSTRATA PLANS $1BN AUSTRALIAN COAL PORT
Xstrata Plc, the world's biggest exporter of steam coal, plans to build a new $1 billion coal port in Australia, it said.
The proposed Balaclava ...
Friday, 23 October 09
MEXICO'S CFE SEEKS 6.24 MLN T COAL FOR 2010-12
Reuters reported that, Mexico's state-owned power monopoly plans to award a tender for 6.24 million tonnes of steam coal in December, according to ...
Friday, 23 October 09
CIL PRICE HIKE LIKELY TO PUSH POWER RATES UP
Business-Standard reported that, May squeeze cement companies’ margins, but the steel sector is unlikely to be affected much.
The upward re ...
|
|
|
Showing 6311 to 6315 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- GMR Energy Limited - India
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Latin American Coal - Colombia
|
| |
| |
|
