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.
|
|
Monday, 07 December 09
VEDANTA RESOURCES ISSUES TENDER TO IMPORT 2.25 MILLION COAL
COALspot.com (India): Vedanta Resources plc is a London stock exchange listed FTSE 100 diversified metals and mining major with revenues in excess o ...
Monday, 07 December 09
CHINA COKING COAL PRICE MAY RISE 14% ON DEFICIT, CITIGROUP SAYS
Coking coal prices in China, the world’s biggest steel producer, may rise 14 percent next year because of a supply deficit, Citigroup Inc. sai ...
Monday, 07 December 09
JSW STEEL TO SELL MOZAMBIQUE COAL MINE FOR RS 300 CRORE
JSW Steel may sell its coal mine in Mozambique to sister company JSW Energy as the mine has become commercially unviable for the steel producer, a t ...
Monday, 07 December 09
BLACK RIDGE MINING ENTERS AGREEMENT WITH INDONESIAN COAL PRODUCER
Australian-listed Black Ridge Mining has entered into an exclusive dealing and non-circumvention agreement with Indonesian coal producer PT. Inmas A ...
Sunday, 06 December 09
NEW MANGALORE PORT GETS UPCL'S FIRST COAL PARCEL FROM INDONESIA
The Lanco Group-promoted Udupi Power Corporation Ltd (UPCL) has received the first parcel of imported coal from Indonesia at the New Mangalore Port. ...
|
|
|
Showing 6196 to 6200 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Australian Coal Association
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
|
| |
| |
|
