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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 business and a declining BSI. Tonnage is accumulating in USG which is driving that market down and market softening across all segments. Cont to E.Med in the mid 30 ´s now down at least 3-4k from last week. A 35000 dwt vessel was rumoured fixed around 25000 per day for 2/3 ll in the Atlantic by European chrs. Outlook: Softer conditions in the Atlantic as Easter holidays approaching. The FEAST market softened a bit during the last week. For Pacific rounds Supras trading in the mid/high 20´s and for Indo/India coal trips Supras have seen around low 20´s.
The period market for Supras seems quiet, not many fixtures reported, for short period owners still try to achieve high 20´s.
The Indian market is still firm and for iron ore trips from WCI to China Supras trading in the low/mid 40´s and Supras open ECI can achieve very high 20´s for Richards Bay rounds.
Panamax
Affected by sluggish Cape market still kept alive by Grain long hauls, period market and a relatively strong FFA the Panamax market has lost some of its momentum and gradually turned down. TAs have kept fairly stable at 38-39000 level, while the fronthauls did some small adjustments; down approx USD 2000 to around USD 48000.
Pac rounds fell from around USD 33000 at its peak to USD 31000 region. Backhauls fixed USD 20000 throughout the week.
Capesize
Spot levels for the big ships keep drifting as tonnage supply - particularly in Atlantic - is not matched by iron ore and coal demand. The main driver, iron ore trades, may well have been halted due to tactics connected to ongoing contract price negotiations. The W.Australia/China conference trade stands at usd 10 pmt, down some 18% in terms of daily earnings during the week.
Similarly, the fronthaul Brazil/China trade stands at some usd 23.50 pmt, down some 20% in terms of daily earnings. Limited period activity, with the healthy exception of 2009-built 180000 dwt done for 7-10 months at usd 36k basis delivery in d/c PASSERO end March. A "bank" deal has also been concluded, on 2000-built 171000 dwt purchased at usd 42.5m and done for 3 years at usd 27500 basis delivery wwide end 2010.
Source: FearnreSEARCH
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Thursday, 04 March 10
THE INDIAN MARKET WAS STILL STRONG - FEARNRESEARCH
HANDY
Activity has gradually improved in the Atlantic throughout the week. All areas&n ...
Thursday, 04 March 10
GLOBAL COAL PRICES GETS SUPPORT FROM EM DEMAND
Commodity Online reported that, AP12 coal prices look well supported in 2010 thanks to positive outlook for Chinese coal demand whereas coal demand ...
Thursday, 04 March 10
THREE NEW GLOBAL PRICES INDEXES FOR COKING COAL
Commodity Online reported that, On February 26, Energy Publishing Co. broke new ground in the coal-marketing industry when it began publishing three ...
Tuesday, 02 March 10
INDIA WAS AGAIN THE WINNER IN THE EAST, WITH SUPRAMAXES FIXING CLOSE TO US$40,000/DAY FROM THE WEST COAST
There was little movement in the BDI this week but behind the scenes, the Supramax and Handy size segments posted significant gains, correcting the ...
Tuesday, 02 March 10
INDONESIA'S PROTECTED FORESTS NOW OPEN TO DEVELOPMENT
The Jakarta Globe reported that, President Susilo Bambang Yudhoyono has signed a decree to allow mining, power plants and other projects deemed stra ...
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- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- White Energy Company Limited
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Economic Council, Georgia
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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