We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 20 April 10
PACIFIC SUPRA MARKET WAS STILL SOFTENING - BRS
 A modest increase in dry bulk rates this week with activity picking up in the middle of the week. Panamax rates remain above the Capes, and there was continued optimism in the coal markets with China expected to be a net importer again in 2010.
Rising ore prices continue to put pressure on buyers to find new suppliers and China’s largest metals trader Minmetals Corporation confirmed it had started due diligence on several iron ore projects in Mauritania. Senegal also reported it will offer China 3.5bn tons of iron ore reserves with iron content of 63%. On the supply side, vessel deliveries continue to climb, with approximately 80 Capes, 25 Panamaxes, 75 Supramaxes and 60 Handysizes delivered so far this year. Interestingly the pace of delivery has accelerated significantly for the Capes and Handysizes, but remains modest for the Panamaxes where deliveries this year are just 15% higher than the last six weeks of 2009, helping keep Panamax rates firm.
Supra/Handy
The Supramax Atlantic market has been relatively busy throughout the week. The USG basin firmed up with some fresh requirement and only a few ships available, pushing the USG/Cont route over US$ 43,000 per day (more than a US$ 3,000 w-o-w increase). Scrap stems keep the Cont busy. ECSA market was steady as well and grain traders had to pay a good premium for April loaders. However with fewer iron ore exports out of WC India, ships are now ballasting toward ECSA. The Handy Atlantic market also rose, especially the ECSA/Cont route which gained more than US$ 1,500/day to finish the week just below US$ 31,000/day. In the Pacific, the Supra market was still softening. The ECI/China route lost almost US$ 3,000 per day and closed Friday at about US$ 28,500.
The Indo/China and Nopac routes improved in the middle of the week but lost all gains Thursday and Friday to close the week at very close to US$ 23,000. Short period market is now worth around US$ 25,000/day for TESS 52 delivery N China.
The Handyside market was firm and gained US$ 500 per day thanks to a good coal activity out of Indonesia.
Panamax
The Panamax market witnessed a small increase on the week, with the BPI rising 82 points and the average of the 4 timecharter routes gaining US$ 673 overall. However, rates in the Atlantic appeared a little ‘toppy’ towards the end part of the week with little fresh enquiry to report and limited activity in general, while the Pacific was still being largely held up and supported by the continued east coast south American grain exports.
This saw levels holding steady in the low-mid US$ 30,000s region for vessels delivering in the Far East. Short period rates in the east remained steady at around the US$ 32,000 level despite a lack of activity on the period front.
Capesize
A flat week for the Capes with only the Brazil/China run showing any real improvement. Freight rates on this route were up to around US$ 24.50 by the end of the week, but Australia-China showed no perceptible change. Overall the BCI recorded a slight gain of 3% to reach 3,071 points, while the four time charter average finished at US$ 26,250. FFA rates meanwhile dipped slightly for 2010 trading, although there was a small improvement in 2011 prices, and the physical market also saw the return of some period business, and a 171,800 deadweight vessel was reported booked at US$ 32,000 for one year. There was little clear direction in the market however, and rates came off again slightly on Monday.
Source: BRS Dry Bulk
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 03 February 10
RECOVERY IN INDONESIAN MINING SECTOR EXPECTED TO BOOST SALES, UNITED TRACTORS SAYS
PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year ...
Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS
Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive i ...
Monday, 01 February 10
CIL PLANS TO INVEST IN OVERSEAS COAL MINES
Over the next 10 years, CIL expects to import from these mines at least 500 million tonnes of thermal coal, a variety used by power plants
The bo ...
Sunday, 31 January 10
AUSTRALIA NEWCASTLE THERMAL COAL FALLS 0.7 PERCENT TO $ 98.53
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 0.7 percent, falling for the first time in four weeks. ...
Sunday, 31 January 10
NTPC TO IMPORT COAL
NTPC Ltd plans to import coal directly, starting next fiscal.
“We plan to import 15-16 million tonnes of coal directly from next year,&rdqu ...
|
|
|
Showing 6036 to 6040 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- PTC India Limited - India
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- White Energy Company Limited
- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- The University of Queensland
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
|
| |
| |
|
