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.
|
|
Saturday, 30 January 10
THE ECI / CHINA (S7) ROUTE SOFTENED BY $ 5,736 AND CLOSED AT $ 27,360 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week probably in anticipation of Chinese New year holidays.
BDI INDEX
...
Saturday, 30 January 10
INDONESIA TO CONSTRUCT 93 POWER PLANTS IN 2ND PROJECT
The government has announced its list of 93 power plants to be built under the second 10,000-megawatt (MW) power generation scheme.
"With th ...
Saturday, 30 January 10
COAL FIRMS TO KEEP NATION IN THE BLACK
Some Indonesian coal mining companies on Friday pledged to allocate a greater share of their production this year to meet domestic market obligation ...
Friday, 29 January 10
INDIA STEAM COAL IMPORTS TO DOUBLE, BOOST SOUTH AFRICA
* SAfrica seen shipping 75 pct of its coal to Asia in 2010
* Logistics woes hamper SAfrica exports, India imports
India's steam coal imports ar ...
Thursday, 28 January 10
THE IRON ORE EXPORTS FROM INDIA TO CHINA ARE DOWN AND THE RATES DROPPED
HANDY
The BSI has continued its downward trend confirming the softening of the Atlantic since the previous week and reflecting a correction of the ...
|
|
|
Showing 6041 to 6045 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- PTC India Limited - India
- Xindia Steels Limited - India
|
| |
| |
|
