We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 06 February 10
FREIGHT WOULD CONTINUE TO BE SOFT NEXT WEEK - VISTAAR SHIPPING
 COALspot.com (Singapore): The freight market continued to soften this week including the stock markets. The main reason seems to be Chinese new year holidays and China's new tighter credit policy affecting investor confidence.
BDI
The BDI dropped by 133 points by 5 pct and closed at 2,715 points. The cape index dropped almost remained stable at the close of the week with a drop by only 20 points and closed at 3,474 points. Maximum drop was seen in the Panamax index which dropped by 275 points by 8 pct and closed at 3,141 points. The Supramax index dropped by 115 points by 5 pct and closed at 2,156 points. The handy size index dropped by 68 points by about 6 pct and closed at 11,095 points.
AVERAGE CHARTER HIRE
The average charter hire was at Cape US$ 31,889 per day, Panamax US$ 25,277 per day, Supramax US$ 22,540 per day and Handy size US$ 16,012 per day. The Supramax index in the Fareast (S6 route) continued to softened and was down by US$ 1,350 per day and closed at US$ 16,570 per day.
| “It seems that freight would continue to be soft next week because of Chinese new year holidays” - Capt. Reddy, Vistaar Singapore |
“It seems that next week also would continue to be soft because of Chinese new year holidays” said Capt. Reddy, Managing Director of Vistaar. The ECI/China (S7) route softened by US$ 1,497 per day and closed at US$ 25,863 per day. Short period rates for Supramax was around US$ 21,000/22,000 per day for vessels opening Far east/SE Asia. Supramax charter rates for one year is around US$ 19/20000 per day.
THREE YEARS FUTURE
The futures for three years(2010-2012) remained unchanged and was at around Cape US$ 30,000 per day, Panamax US$ 19,000 per day, Supramax US$ 16,500 per day, Handy size US$ 12,500 per day.
PORT CONGESTION
The congestion at Australian ports in the EC for coal loading was at record high at 148 vessels (last week 137 vessels), which is highest in 3 yrs. The congestion increased due to bad weather and some shippers declaring force majeure. The number of vessels waiting at DBCT and Newcastle was around 53 vessels. The waiting at DBCT was around 30 days , Hay point and Gladstone 10-12 days and Newcastle about 16 days. On the WC Australia iron ore vessels waiting was same as last week at 25 vessels (last week 25 vessels). The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
CRUDE PRICE
The crude prices continued to be soft and the Brent crude prices was at US$ 70.23 per barrel (last week US$ 71.31 per barrel). The prices of bunkers softened to US$ 444 pmts (IFO 380 CST ex. Singapore) on 5th Feb 2010.
FREIGHT FORECAST
Click here for Vistaar’s forecasted (subject to terms & conditions) 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.
|
|
Thursday, 25 March 10
INDIAS MAHARASHTRA SEEKS TO IMPORT 3.35 MILLION TONS OF COAL - BLOOMBERG
Bloomberg reported that, Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, is seeking 3.35 m ...
Thursday, 25 March 10
THE INDIAN MARKET IS STILL FIRM - FEARNLEYS AS
Handy
A sluggish start to the week in the Atlantic with little fresh busin ...
Tuesday, 23 March 10
NINE COMPANIES WIN 20-YEAR COAL CONTRACTS - TEMPO
Tempo Interactive reported that, State Eletricity Company (Perusahaan Listrik Negara) revealed four joint ventures and one company winning coa ...
Monday, 22 March 10
INDONESIA`S MERUKH WINS US$3 BLN SWISS CONTRACT TO SUPPLY COAL - ANTARA
Antara Reported that, Indonesia's PT Merukh Enterprises said it has secured a 30-year contract to supply coal to Swiss buyer Glencore International ...
Monday, 22 March 10
INDIA TO IMPORT COLOMBIAN COAL FOR FIRST TIME AS DEMAND SURGES - BLOOMBERG
Bloomberg reported that, Adani Enterprises Ltd., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first t ...
|
|
|
Showing 5926 to 5930 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- White Energy Company Limited
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Planning Commission, India
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- The University of Queensland
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
|
| |
| |
|
