We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 18 March 10
THE INDIAN MARKET WAS QUIET, BUT BECAUSE OF THE TIGHT TONNAGE SITUATION STILL FIRM - FEARNLEYS AS
 Handy
Activity continues to be solid in the Atlantic.
Supramax physical market is strong which pushed the BSI to a 17 month high at USD 29,491 on Monday. Lack of tonnage in USG pushing rates above 50,000 USD mark for Supras. Less transatlantic business though.
Outlook: Firm conditions in the Atlantic set to continue. The Far East market continued to firm. For Pacific rounds Supras trading in the high 20´s/low 30´s, for NOPAC rounds Supras can achieve in the mid/high 20´s and for Aussie Rounds around low 30´s. For Indo/India coal trips Supras have seen around low/mid 20´s. The period market was quite active, for short period Supras were fixed in the high 20´s/ low 30´s.
The Indian market was quiet, but because of the tight tonnage situation still firm. For iron ore trips from WCI to China Supras trading in the low/mid 40´s and Supras open ECI can achieve high 30´s/low 40´s for trips to China.
Panamax
Still increased activity from ECSA contributed to further strength and firm Panamax sector, where ballasters from Fareast have fixed at 33k levels for full r/ v. Lack of tonnage made room for further strength, and front haul from the Atlantic has been fixed from the mid 40k levels even up to mid 50k level for voyage basis Cont. or Black Sea positions. Pac r/v fixed at low 30k and India to China above the very healthy 50k mark.
The period market is still active with short period levels typically in the mid 30k range for Fareast positions, above 40k for Atlantic positions and very high 20k for one year. Takers are also there still for 2 years at 22k/day. The FFA market has been moving sideways under pressure from the Cape market but holding levels with the firm physical market conditions. It seems the underlying optimism for Q2 is still around supported by the grain market, although under question with an expected reduction in the Coal market and a ratio to the Cape market in the relatively low 1.2 range.
Cape size
Last week started off with much uncertainty until Wednesday, when the market suddenly raised, mainly due to increased activity in the Fareast by RioTinto, BHP, and FMG. Highest done for Australia to PRC was USD low 14s pmt, however this week the charterers are inactive and the rates dropped to USD low 11s pmt.
The front haul market was improving last week as well, mostly due to the overall sentiment, however number of ballasters and early ships compared to absence of early cargoes have resulted in rates decreased from low USD 30 pmt to approximately USD 26 pmt. Apparently still a lot of uncertainty also related to the ongoing price negotiations of iron ore, however there are some signs that iron ore stock piles in PRC are decreasing and more activity is expected for this spring.
Source: FearnreSEARCH
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 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Salva Resources Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Parliament of New Zealand
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
|
| |
| |
|
