We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY
COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been forced to fix at low numbers. The trend may continue at least until next week till the Chinese New year holidays are over.
BDI INDEX
The BDI dropped by 144 points by 5 pct and closed at 2,571 points. The cape index dropped by 215 points by 6 pct and closed at 3,259 points. The Panamax dropped only by about 4 pct this week compared to 8 pct last week and was down by 113 points and closed at 3,141 points. The Supramax index dropped by 108 points by 5 pct and closed at 2,048 points.
The handy size index dropped by 18 points by about 2 pct and closed at 1,038 points.
CHARTER HIRE
The average charter hire was at Cape US$ 29,649 per day, Panamax US$ 21.,412 per day, Supramax US$ 21,112 per day and Handy size US$ 15,169 per day.
|
|
“Short period rates for Supramax was around US$ 21,000 – 22,000 per day for vessels opening Far East / SE Asia” - Vistaar Shipping
|
|
The Supramax index in the Far East (S6 route) continued to softened and was down by US$ 1,572 per day and closed at US$ 14,998 per day. Next week also would continue to be soft because of Chinese new year holidays . The ECI/China (S7) route was almost at same levels with a drop of only US$ 528 per day and closed slightly lower at US$ 25,335 per day mainly.
Short period rates for Supramax was around US$ 21/22000 per day for vessels opening Far East/SE Asia. Supramax charter rates for one year is around US$ 19000 per day.
THREE YEARS FUTURE
The futures for three years (2010-2012) remained unchanged and was at around Cape US$ 28,000 per day, Panamax US$ 18,500 per day, Supramax US$ 15,500 per day, Handy size US$ 12,500 per day.
PORT CONGESTION
The congestion at Australian ports in the EC for coal loading continued to be high at 148 vessels (last week 148 vessels), which is highest in 3 yrs. The congestion increased due to bad weather. The number of vessels waiting at DBCT and Newcastle was around 60 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 22 vessels (last week 25 vessels). The waiting at Indian ports for coal vessels was quite normal around 3/4 days.
CRUDE
The crude prices firmed up this week and the Brent crude prices was at US$ 72.90 per barrel (last week US$ 70.23 per barrel). The prices of bunkers also was up at US$456 pmts (IFO 380 cst ex Singapore) on 12th 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, 03 December 09
PROLONGED COAL MARGIN SQUEEZE AHEAD - WESCOAL
Mining Weekly reported that, Coal junior Wescoal foresees a continued margin squeeze ahead. The JSE AltX-listed company's gross margin was reduced ...
Tuesday, 01 December 09
COAL DEMAND REBOUNDING FROM DOWNTURN - U.S. MINING EXECS
The coal industry is slowly rebounding from last year's recession with demand and prices inching upward, although inventories at U.S. power ...
Tuesday, 01 December 09
INDONESIA COAL OUTPUT SEEN LIFTED BY CHINA, INDIA
Reuters reported that, Indonesia's coal output is expected to grow by as much as 12 percent in 2010, boosted by demand from power hungry China and ...
Monday, 30 November 09
NTPC SCOUTS FOR MORE COAL BLOCKS IN INDONESIA
State-run National Thermal Power Corporation (NTPC) today said it has identified three more coal blocks in Indonesia for acquisition.
"We ha ...
Monday, 30 November 09
THE FUTURES FOR THREE YEARS (2010-2012) WAS SOFT COMPARED TO LAST WEEK - VISTAAR SINGAPORE
COALspot.com (Singapore): BDI continued to drop this week and touched below 4,000 mark level. The drop in BDI was almost 12 pct and closed at 3,975 ...
|
|
|
Showing 6211 to 6215 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- MS Steel International - UAE
- Planning Commission, India
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
|
| |
| |
|