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Thursday, 15 April 10
RICHARDS BAY ROUNDS BACK TO INDIA SUPRAS WERE FIXED AT MID 20'S
Handy
The BSI remains in a positive momentum and the Atlantic remains unchanged from last week. Fronthaul grain is active which is keeping ballasters busy. Supramax vessels open in USG are now achieving mid 40´s to the F.East, USD 12500 from Cont to USG. T/A rounds remain in low/ mid 20´s. Handymax tonnage ex Bl.Sea is achieving mid 30´s fronthaul, Supras low/mid 40´s. Short period activity is slow. The outlook is for stable conditions. The F.East market was steady during the last week. For Pacific rounds Supras can achieve around mid 20´s for coal or nickel ore biz, for Indo/India coal trips they were fixed in the mid/high teen´s. Because of upcoming monsoon season some owners seem not willing to discount for such trips.
Period: for short period Supras trading in the mid 20´s. The Indian market for iron ore trips from WCI to China is quiet, Supras trading around 30K. For Richards Bay rounds back to India Supras were fixed at mid 20´s.
Panamax
The Panamax market experienced a sit back and watch scenario from both owners and charterers end last week and into the start of this week. There was no clear sign on where the market was going although the underlying sentiment was firm. Several grain cargoes from ECSA and coal from USEC entered the market this week and the tonnage supply is tight for prompt dates. Ballasters from the F.East fixed in region of usd 32,000 daily for ECSA/F.East cargoes on May dates. Pacific R/Vs are fixing in the upper 20 ´s. Tarv´s was fixing low 30´s and fronthauls mid 40´s. The firming spot market is also giving support to the period market. Rumors have it a 73k dwt was fixed on subs for 2 years trading at usd 24,000 daily with delivery PMO.
Capesize
The market has had a depressing week with rates falling across the board. Little or no period interest has been seen. Iron ore pricing agreements, combined with low freight rates have spurred some new selling, or at least putting ore on the water from Brazil, and we have seen Vale conclude a few vessels at low usd 23 (even usd 22 for overaged tonnage). The focus is on early ballasters, and as such little has emerged in terms of real direction for May, though the sentiment, backed by the paper market, is for an improvement in the rates. The Atlantic market still remains quiet and owners accepting lower than Pacific levels for the first time in a long time. Looking forward we are cautiously optimistic that there will be a small improvement in the near future.
Source: FearnreSEARCH
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Monday, 17 May 10
INDONESIA SHIPPED 15.51 PERCENT LESS COAL IN APRIL THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 23,331,542 MT of coal in April 2010, compare to 27.61 million tons in ...
Monday, 17 May 10
S. AFRICA CUTS EUROPE COAL SUPPLY, ASIA SALES RISE, TRADER SAYS - BLOOMBERG
Bloomberg reported that, South Africa’s Richards Bay Coal Terminal, Europe’s biggest source of the fuel burned for power, cut shipments ...
Monday, 17 May 10
GREEK CRISIS TO SEE FREIGHT RATES FALL BANGKOK POST
The Greek debt crisis will likely cause shipping rates to fall this quarter enabling SET-listed Precious Shipping Plc to buy second-hand vessels at ...
Monday, 17 May 10
NEWCASTLE COAL QUEUES COULD BE HISTORY - THE HERALD
NEWCASTLE'S infamous coal queues could be a thing of the past if a plan to have the ships anchor over the horizon succeeds against the doubts of it ...
Sunday, 16 May 10
THREE FIRMS SHORTLISTED FOR CIL'S $ 2BN OVERSEAS PROJECTS - ECONOMIC TIMES
Economic Times reported that, State-owned Coal India Ltd (CIL) has shortlisted US firms Massey Energy and Peabody Energy, besides Indonesian Novem/S ...
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- MS Steel International - UAE
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- London Commodity Brokers - England
- Planning Commission, India
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Wilmar Investment Holdings
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- PTC India Limited - India
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
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