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Sunday, 01 November 09
THE COAL MOVEMENT TO INDIA FROM SOUTH AFRICA AND INDONESIA WOULD BE CONTINUE INCREASE - VISTAAR SINGAPORE
COALspot.com (Singapore): The BDI continued to be firm with an increase of 60 points and closed at 3,103 points.
The cape index also was firm and up by 205 points and closed at 5,047 points and the Panamax index was up by 102 pints at 3,150 points. The Supramax and Handysize was almost at same levels with slight softening and closed at 1,820 points and 867 points respectively.
The average charter hire was at Cape / US$ 52,657 per day, Panamax / US$ 25,292 per day , Supramax / US$ 19,026 per day and Handysize / US$ 12,401 per day.
The supramax index in the far east (S6 route) was quite firm at US$ 18,150 per day. The ECI / China (S7) route was slightly soft at US$ 19, 026 per day. The Far east / SE Asia market was quite hot this week with most supramax demanding close to US$ 20,000 per day.
Short period rates were at US$ 18,500 / 19000 per day for vessels opening Far east / SE Asia. The futures for three years for 2010-2012 is around Cape / US$ 27,000 per day, Panamax / US$ 16,000 per day, Supramax / US$ 14,000 per day, Handysize / US$ 11,000 per day.
"The bulk cargo movement seems to be picking up and if it continues the charterer rates would continue to be firm" says Capt. Reddy, Managing Director of Vistaar Shipping Singapore.
He further said, the futures are still weak and there does not seem to be much optimism. The coal movement to India from South Africa and Indonesia would be continue increase and demand for ships is expected to be quite be strong in this region.
The congestion in Australia increased to 106 vessels in EC Australia and 25 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 crude prices was slightly soft compared to last week and brent crude was at US$ 75.22 per barrel. The bunker prices was around US$ 460 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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Sunday, 01 November 09
MINES REGULATION AMENDMENT BILL TO BE TABLED IN PARLIAMENT
Thaindia News reported that, A bill seeking to amend the Mines and Minerals Development Regulation Act, 1957, will be introduced in the winter sessi ...
Sunday, 01 November 09
INDONESIA ADARO Q3 NET PROFIT JUMPS ON COAL DEMAND
* Q3 net profit up 131.6 percent to 1.27 trillion rupiah
* Q3 revenue up 56.8 percent to 7.12 trillion rupiah
Reuters reported that, Indonesia' ...
Sunday, 01 November 09
PT INDIKA MAY BUY STAKES IN BHPB INDONESIA OPERATIONS
Dow Jones reported that Indonesian coal producer PT Indika Energy may buy stakes in BHP Billiton Limited's Indonesian coal operations and in local ...
Sunday, 01 November 09
ADAVALE RESOURCES MAKES COAL ACQUISITIONS IN INDONESIA
Adavale Resources Limited has entered into an agreement to acquire the rights to two thermal coal projects Tapan and Jambi in Sumatra Indonesia, hel ...
Saturday, 31 October 09
PRODUCERS BENEFIT FROM COAL'S TIGHT SUPPLY AND STRONG DEMAND
The Jakarta Post reported that, The outlook for Indonesian coal producers appears promising with strong volume growth coming from both the domestic ...
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- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Posco Energy - South Korea
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- PTC India Limited - India
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
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