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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, 05 April 10
RI TO SET REFERENCE FOR COMMODITIES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia is set to help establish global reference prices for mining and agricultural commodities, with the establi ...
Monday, 05 April 10
MARCO POLO MARINE SECURES US$20 MILLION 4-YEAR COAL TRANSSHIPMENT CONTRACT
COALspot.com: Accordign to Mraco Polo Marine website, Singapore Exchange Mainboard-listed Marco Polo Marine Ltd, a growing integrated marine logisti ...
Saturday, 03 April 10
SHIPS OPENING FAREAST CONTINUE TO BE STRUGGLING FOR CARGOES - VISTAAR
COALspot.com: The dry bulk freight market continues to be under pressure and all the indices were down this week except for Cape size index which wa ...
Friday, 02 April 10
XSTRATA RAISES BENCHMARK COAL PRICE AS MUCH AS 40% - BLOOMBERG
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used for power, raised benchmark prices for the fuel to an unidenti ...
Thursday, 01 April 10
OWNERS WERE STILL BULLISH ON SHORT PERIOD NUMBERS, BUT CHARTERERS IN GENERAL WERE NOT READY TO PAY - BRS
SUPRA / HANDY
After several weeks of a rising market, the BSI lost 9% last week to close on Friday at US$ 27,677 per day for the TC routes. ...
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- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Marubeni Corporation - India
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- Parliament of New Zealand
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Australian Coal Association
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
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