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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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Friday, 16 April 10
KRISHNAPATNAM PORT IS IRONING ITS WAY INTO RECORD BOOKS
COALspot.com: Krishnapatnam Port achieved a new benchmark by loading 60,021 MT of Iron Ore fines in just 24 hrs surpassing its previous record of 54 ...
Friday, 16 April 10
RBCT COAL DISPUTE RESOLVED - MININGMX
Miningmx reported that, the long-simmering spat over the coal allocation for producers who will use the expanded facilities at Richards Bay Coal Ter ...
Friday, 16 April 10
COAL INDIA SELECTS MERCHANT BANKERS TO ACQUIRE OVERSEAS ASSETS -THE HINDU
An investment of about $1.8 billion is expected to be made in these deals
The Hindu reported that, Bank of America-Merill Lynch, Royal Bank of Sc ...
Thursday, 15 April 10
MAJOR THERMAL COAL CONTRACT AT 40% HIGHER PRICE THAN LAST YEAR - BUSINESS STANDARD
Business-Standard reported that, India is expected to import nearly 60 million tonnes of thermal coal this year.
After coking coal and iron ...
Thursday, 15 April 10
DRY BULK MARKET SLOWLY GAINING GROUND
The troubled and underperforming capesize sector of the dry bulk market has been experiencing an improved sentiment since Tuesday, a trend verified ...
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- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- The University of Queensland
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
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