We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 16 March 10
INDONESIA ROUND VOYAGES WERE GETTING BETWEEN HIGH TEENS - BRS
 Another strong week for the bulk market and rates in all segments are now back above pre-Chinese New Year levels. Atlantic volumes remain robust, and a mid-week surge in paper rates also pushed the physical market higher. The World Steel Association (WSA) offered some optimistic news for European steel demand, predicting demand in the region would rise 20% during 2010. It also raised global growth forecasts up from 9% to 10% for the year, which will return the market back to 2008 levels. However the WSA warned that while the reactivation of many European blast furnaces was encouraging news, there were concerns of premature re-starts. It added that some steel business had been lost to Europe forever. The BRIC countries have now increased their global market share from 50% in 2008 to 58% in 2009, a figure which is forecast to rise again to 60% in 2010.
Supra/Handy
In the Atlantic the market stayed firm, mainly supported by a healthy amount of grain stems out of ECSA. Overall the rates went up steadily, gaining 5% on the Handy sizes and well over 10% on the Supras. For Handy sizes a TARV is now worth in the low US$20,000s, while a trip ex Black Sea to the Far East was in the high US$20,000s. For Supras a TARV was worth in the mid/high US$20,000s, while trips with delivery WAF via ECSA to the Far East are now worth in the low US$40,000s. A trip from the Black Sea east via Suez is now worth in the mid US$40,000s. The Pacific Supra market also continued on its upward path from the previous week, where Nopac and Aussie rounds were the movers and shakers. They closed the week in the region of mid/high US$20,000s to US$30,000, depending on specs and positions, which is up from the high teen/ low-US$20,000s at the start of the week.
Indonesia round voyages were getting between high teens and low US$20,000s, and picked up towards the end of the week. India continued to be extremely firm, maintaining rates in the low US$40,000 on the west coast, and mid US$30,000s on the east coast for non-Haldia positions. Haldia vessels were getting mid-high US$30,000s. There was lots of short period activity seen, with Supras fixing in the mid to mid/high US$20,000s for short period, and low-mid US$20,000s for 1 year, with deliveries in the Far East.
Panamax
The Panamax market saw substantial increases in both basins last week, and the Baltic Panamax Index rose by 4% to reach 4,177 points. There was continued tightness in the Atlantic, which saw levels rise by around US$3,000-US$4,000 for transatlantic/fronthaul business. Conditions in the Pacific were less dramatic although rates here also jumped by about US$1,500-2,000 for Pacific round voyages. With the market moving up, the period market saw some activity and a 73,000 dwt vessel was reported taken for two years at US$25,000/day, while one year periods was being fixed at around US$26,000/day.
Cape size
Another rise in Cape size rates last week, with the BCI jumping 10% to 4,328 points. The four time charter breached the US$40,000 mark again and finished the week at US$41,877 per day. A surge in paper rates near the end of the week also pushed rates up, as a tight tonnage situation plus a lack of cargoes created good anticipation for the short-term future. 2Q 2010 FFA rates closed on Friday at US$41,125/day. This bullishness also prompted some activity in the period market and a 2010-built 180,000 tonner was reportedly taken for one year at US$37,750/day. The BCI climbed 83 points on Monday.
Source: BRS Dry Bulk
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 18 March 10
INDONESIAN COAL PRODUCTION EXPECTED TO BEAT EARLIER FORECAST
The Jakarta Globe reported that, the government expects coal output this year to exceed its initial projection of 250 million metric tons as the dri ...
Thursday, 18 March 10
COAL PILING UP AT EAST COAST PORTS ON RAKE SHORTAGE
Business Line reported that, more than three million tonnes (mt) of imported coal are awaiting evacuation at the east coast ports of Paradip, Visakh ...
Tuesday, 16 March 10
MADHUCON GETS MINING LICENSE IN INDONESIA
Business-Standard reported that, PT Madhucon Indonesia, a subsidiary of the Hyderabad-based infrastructure company Madhucon Projects Ltd, has been g ...
Monday, 15 March 10
BOB KAMANDANU ON INDONESIAS PEAK COAL PRODUCTION, ENERGY SECURITY AND EXPORTS TO INDIA
Bob Kamandanu, the chairman of Indonesian Coal Producers Association (APBI), said the country has an estimated 50 to 70 years of coal reserves.
T ...
Monday, 15 March 10
CIL BOARD CLEARS 10 PROPOSALS FOR STRATEGIC PARTNERSHIP OR JVS
Economic Times reported that, Towards achieving a global footprint, state-owned Coal India (CIL) is eyeing strategic partnership or joint ventures w ...
|
|
|
Showing 5936 to 5940 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- The Treasury - Australian Government
- The University of Queensland
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- PTC India Limited - India
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Planning Commission, India
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Bharathi Cement Corporation - India
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
|
| |
| |
|
