We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Sunday, 13 December 09
THE FREIGHT MARKET SEEMS TO BE COMING OFF A BIT AND THE MARKET MAY BE SOFT NEXT WEEK - CAPT. REDDY
 COALspot.com (Singapore): "The market softened this week especially in the Cape and Panamax segment , where as the Supramax and Handy size was fairly holding firm" said, Capt. Reddy, Managing Director of Vistaar Shipping, Singapore.
BDI INDEX
The BDI dropped by almost 13 pct by 528 points and close at 3,579 points. Seems the BDI resistance levels is around 4,000 points and will stay around these levels.
The Cape index dropped quite a bit by 22 pct down by 1,462 points and closed at 5,193 points. The Panamax index also softened a bit by about 6 pct by 255 points and closed at 3,673 points. The Supramax index was up marginally by about 2 pct by 47 points and closed at 2,429 points. The handy size continued to stay firm and was up by 5 pct by 58 points and closed at 1,240 points.
The average charter hire was at Cape US$ 53,267 per day , Panamax US$ 29,515 per day, Supramax US$ 25,398 per day and Handy size US$ 17,970 per day.
The Supramax index in the Far East (S6 route) was slightly soft at US$ 23,795 per day. The ECI / China (S7) route was slightly firm at US$ 26,233 per day compared to last week.
Short period rates for Supramax was at US$ 23,000 per day for vessels opening Far East / SE Asia. Supramax charter rates for one year is around US$ 18, 000 per day.
THREE YEARS CHARTER HIRE
The futures for three years (2010-2012) firmed up compared to last week and was at around Cape US$ 28,000 per day, Panamax US$ 17,000 per day, Supramax US$ 15,500 per day, Handy size US$ 11,500 per day.
Capt. Reddy, an experienced ship operator from singapore said, the freight market seems to be coming off a bit and the market may be soft next week. The main effect will depend on the Cape size market. However the Supramax and Handy size may hold firm and may not soften much. The iron and coal demand continues to be strong and is expected to remain firm. There could be slight slowing down during the year end Christmas/New Year holidays.
PORT CONGESTION
There was not much change in waiting at Australian ports. The congestion in India especially on the east coast of India eased and the maximum waiting was around 6/7 days.
CRUDE PRICE
The Brent crude prices dropped sharply to US$ 71.81 per barrel . The bunker prices during the week remained soft for IFO 380 at US$ 452 per MT 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.
|
|
Wednesday, 16 December 09
COECLERICI EYES SECOND RUSSIA COAL MINE
* CEO says "seriously considering" mid-small size purchase
* Will use mine to increase exports to Asia
* Says delays at ports will not c ...
Wednesday, 16 December 09
INDONESIA'S FIRST PRIVATE RAILWAY TO BOOST RAK'S MINING INTERESTS
MEC infra to invest $1b in construction of 130-km transport link
A 130-kilometre railway that will ease the transport of raw materials and finish ...
Tuesday, 15 December 09
KOMIPO HAS ISSUED A NEW TENDER FOR 30000 MT OF 5200 NAR KCAL/KG COAL
COALspot.com (South Korea): South Korean state-owned utility Korea Midland Power (KOMIPO) has issued an new tender for prompt supply of 30000 M ...
Tuesday, 15 December 09
CHINA CUTS IMPORT DUTIES ON COAL, RAISES FOR OTHERS
China will lower import duties on more than 600 products next year, including coal, naphtha and phosphate ore, the Finance Ministry said on Tuesday. ...
Tuesday, 15 December 09
NTPC'S COAL WOES UNLIKELY TO END SOON
State-owned power producer NTPC’s woes over shortages of coal may not end soon. Though the company is importing 12.5 million tonnes of coal&nb ...
|
|
|
Showing 6171 to 6175 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- The University of Queensland
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Planning Commission, India
- Eastern Coal Council - USA
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
|
| |
| |
|
