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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
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Sunday, 14 March 10
CHINESE COAL PRICE MAY RISE TO TRADE NEAR SPOT, MACQUARIE SAYS
Bloomberg reported that, Steel mills in China, the world’s biggest producer of the alloy, may pay more for domestic coking coal this year as d ...
Sunday, 14 March 10
THERE IS NO INDICATION OF SLOWING DOWN OF IRON ORE AND COAL IMPORTS BY CHINA - VISTAAR SINGAPORE
COALspot.com: The dry bulk freight market continued the upward trend and the BDI closed 8.14 pct this week.
The Cape index up by 10.32 pct ...
Saturday, 13 March 10
INDONESIA COAL EXPORTS DROP IN FEBRUARY
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons in January 2010 which fell slightly to 22.89 mln ton of coal i ...
Saturday, 13 March 10
INDONESIA TELLS BUKIT ASAM TO DITCH PARTNER IN SUMATRA RAILWAY UNLESS PROJECT STARTS
The Jakarta Globe reported that, the Indonesian government has urged state-owned miner PT Tambang Batubara Bukit Asam to look for new partners to he ...
Saturday, 13 March 10
OPTIMUM COAL AIMS TO RAISE R1,6 BILLION IN LISTING
All Africa reported that, COAL mining and exploration company Optimum Coal yesterday announced plans to list on the JSE at the end of the month ...
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Showing 5941 to 5945 news of total 6871 |
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- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
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