We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Sunday, 06 December 09
THE ECI / CHINA (S7) ROUTE SOFTENED AND WAS AT US$ 25,275 PER DAY - VISTAAR
 COALspot.com (Singapore): "The market was bit soft in the beginning of the week, however towards mid week that market started to pick up and the market started to firm up" says, Capt. Reddy, MD, Vistaar Shipping, Singapore.
BDI INDEX
The BDI index was up by 133 points this week and closed at 4,107 points which was an increase of about 3.5 pct. The Cape Index (BCI) was also firm and was up by 302 points and closed at 6,655 points which is almost 5 pct increase. The Panamax index was almost at same levels with a increase of 60 points only and closed at 3,928 points. The Supramax index dropped by about 3 pct by 64 points and closed at 2,382 points. The handy size index remained firm which was up by 45 points and closed at 1,182 points.
The average charter hire was at Cape US$ 71,163 per day , Panamax US$ 31,580 per day, Supramax US$ 24,904 per day and Handysize US$ 17,134 per day.
The supramax index in the Far East (S6 route) was slightly soft at US$ 24,185 per day. The ECI/China (S7) route softened and was at US$ 25,275 per day down by almost 9 pct compared to last week.
Short period rates for Supramax was at US$ 22,000 per day for vessels opening Far East / SE Asia. Supramax charter rates for one year is around US$ 18,000 / 19,000 per day.
THREE YEARS FUTURE
According to Vistaar Shipping, the futures for three years (2010-2012) firmed up compared to last week and was at around Cape US$ 30,000 per day, Panamax US$ 18,000 per day, Supramax US$ 15,500 per day, Handysize US$ 11,500 per day.
The iron ore and coal movement seemed to remain quite strong. The steel production also was high and according to data from the World Steel Association, October world crude steel production hit a 14-month high of 112.2 Mt, posting a 13% increase year-on-year. This is the second month in a row when global steel output represented a year-on-year increase. The majority of this increase was due to China and the CIS, which registered growth of 42.4% and 26.9% year-on-year with monthly production at 51.7 Mt and 9.0 Mt respectively. Annual declines were pronounced in the US (-12.4% to 5.9 Mt), Japan (-12.9% to 8.8 Mt) and the EU (-12.1% to 14.1 Mt).
PORT CONGESTION
The congestion in Australia increased to 124 vessels in EC Australia with maximum waiting at DBCT 30/40 days , whereas Haypoint was around 10/12 days and Newcastle was around 14/16 days. The vessels waiting at WC Australia for iron ore was at 11 vessels.
The approximate waiting at Indian ports was around 3/10 days with maximum waiting at Paradip.
CRUDE PRICE
The brent crude prices remained at around same levels at US$ 77.65 per barrel . The bunker prices during the week remained same as last week and the prices for IFO 380 cst at US$ 472 pmt ex Singapore.
FREIGHT FORECAST
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.
|
|
Tuesday, 08 December 09
RICHARDS BAY COAL SHIPMENTS FELL 11% IN NOVEMBER FROM YEAR AGO
Coal exports from South Africa’s Richards Bay, site of the continent’s largest export terminal for the fuel, fell 11 percent in November ...
Tuesday, 08 December 09
HIGH GLOBAL COAL PRICES HIT POWER PROJECTS
Spot prices for the fuel have appreciated almost 10% in November.
After a sedate year, rising coal prices could hit the coffers of import-based d ...
Monday, 07 December 09
HOW INDIA CAN CUT ITS ENERGY NEEDS BY 20%!
Using energy more efficiently can reduce our energy needs by one fifth; it is a strategy we must pursue even as we promote renewables, says Kirit Pa ...
Monday, 07 December 09
ASIA COAL POWER IN INDONESIA DISCUSSES NEW MINING LAW, COAL AND POWER SECTORS AS INVESTMENTS POUR INTO COALMINES TO SECURE SUPPLIES
COALspot.com (Singaproe): Press Release - Asia Coal Power pinpoints growing power demand in Asia & Power sector investments in Indonesia's coal ...
Monday, 07 December 09
DRY BULK RATES' VOLATILITY TO STAY, BUT RECOVERY IS UNDERWAY SAYS ION VAROUXAKIS HEAD OF FREESEAS
In an interview with Hellenic Shipping News, Mr. Ion G. Varouxakis, Chairman of the Board, President and CEO of Nasdaq-listed Freeseas, explains why ...
|
|
|
Showing 6191 to 6195 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Australian Coal Association
- Planning Commission, India
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- Krishnapatnam Port Company Ltd. - India
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- The University of Queensland
- Economic Council, Georgia
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
|
| |
| |
|
