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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)
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Wednesday, 21 October 09
INDONESIA'S BUKIT ASAM GETS COAL RAILWAY APPROVAL
Reuters reported that, Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk said on Wednesday it had been given government approval to sta ...
Wednesday, 21 October 09
COAL DEMAND SOARS AS ASIA ECONOMIES REBOUND - PEABODY
Reuters reported that, Demand for coal to generate electricity and make steel in China and India is expected to grow by 7 percent to 8 percent annua ...
Wednesday, 21 October 09
INDONESIAN SHOCK FOR INDIAN POWER PLANTS
Business-Standard reported that, India’s ambitious plans to generate an additional 180,000 Mw of power in the next seven years will face hurdl ...
Wednesday, 21 October 09
DUTA GRAHA PLANNING TO DELVE INTO MINING SECTOR
The Jakarta Globe reported that, PT Duta Graha, one of the country’s largest private engineering firms, says it intends to diversify into the ...
Tuesday, 20 October 09
RECAPITAL SET TO BUY INDONESIA'S BERAU COAL - SOURCES
* COULD PAY AT LEAST $1.3 BLN FOR BERAU - SOURCES
* RECAPITAL CONFIRMS IT HAS BID FOR BERAU
* BAKRIE GROUP LIKELY TO BACK BID – SOURCES
...
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Showing 6321 to 6325 news of total 6871 |
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- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- Planning Commission, India
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
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