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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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Tuesday, 23 February 10
UAE COMPANY TO ACQUIRE CONTROL OF ALLBOND MAKMUR
The Jakarta globe reported that, Renuka Energy Resources Holding, based in the United Arab Emirates, has signed an agreement to acquire 80 percent o ...
Tuesday, 23 February 10
CIL SHORTLISTS 24 FOREIGN COS FOR JV
India's Economic Times reported that, Coal India has shortlisted 24 foreign firms — six each from the US, Australia, South Africa and Indones ...
Saturday, 20 February 10
THE FREIGHT MARKET CONTINUED TO BE SOFT THIS WEEK - CAPT. REDDY
COALspot.com: The freight market continued to be soft this week as still affect of Chinese new year holidays continue. However the index overall had ...
Friday, 19 February 10
MAKING THE JOINT COOPERATION OF PRIVATE GOVERNMENT IN INDONESIA
COALspot.com - Press Release
1. Revision of the presidential decree 67/2005 has been signed by the President on January 28, 2010 with the public ...
Thursday, 18 February 10
THE INDIAN MARKET IS FIRMING A BIT, DUE TO LACK OF TONNAGE IN THE REGION
HANDY
The BSI still decline as holidays around the world have reduced trading.
...
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- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Planning Commission, India
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Minerals Council of Australia
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- White Energy Company Limited
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
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