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Thursday, 13 May 10
ACTIVITY ON WEST COAST INDIA IS SLOWING - FEARNLEYS AS
DRY BULK CHARTERING
Handy
Atlantic markets remain firm but more for end May/beg June dates as there seems to be more enquiries for those dates. Supramax vessels open in USG are now achieving low 50´s to the Med and mid/high 50´s to the FEast. Handymax tonnage ex Bsea achieving high 30´s fronthaul, supras high 40´s. The immediate outlook is for flat/stable conditions. In the FEast, despite the holidays, the market remained firm with an upward sentiment.
For NoPac rounds ex N.China expect mid/high 20´s, and a tick less for Indo/India and Indo/China coal trips.
Activity on WCI is slowing with the Monsoon fast approaching, WCI to China mid/high 30´s and low 30´s for trips via R.Bay. The period market was still firm, for short period Supras trading high 20´s. Chinese coal production is booming after the harsh winter.
Panamax
The Panamax market left last week on a positive note with high activity ww. The trend continued into this week with firming rates, giving support to the period market. It was concluded several short period fixtures and mid week it is rumored a few 10/12 months deals being concluded in the Atlantic at levels ard usd 32,500 and 28k in the Pacific.
Pac rounds are fixed at usd 34k and ows asking 35k for same. Atl rounds getting high 30´s and fronthauls in the mid 40´s range. In Feb, India exported more iron ore to China than Brazil did. Monsoon season is kicking in there now so this will be limited until September.
Capesize
An interesting week with firming rates all over! The Pacific market remains strong with a current Australia - China market in the high USD 13s.
For fronthaul, rates improved to mid 30s earlier this week. These relatively strong numbers are well supported by an active short period market improving from mid 30,000s to close to mid 40,000s in one week. The main drivers this time is as always the FFA market, along with more coal cargoes from the Atlantic to the Far East.
Source: FearnreSEARCH
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Monday, 24 May 10
INDONESIAN COAL PRICE REFERENCE (HBA) FOR MAY 2010 REACHES US$ 92.07 PER TON FOB VESSEL
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has released Indonesian coal price reference (HBA) for Month of M ...
Monday, 24 May 10
PAMA TO CLOSE COALS ACQUISITION IN 2010
Insider Stories reported that, Indonesia's largest coal mining contractor PT Pamapersada Nusantara, subsidiary of PT United Tractors Tbk (UNTR), wi ...
Sunday, 23 May 10
SINGARENI LEVIES PREMIUM TO BALANCE COAL DEMAND - BUSINESS STANDARD
Business-Standard reported that, In view of the rising demand for coal, Singareni Collieries Company Limited has recently levied a premium on c ...
Saturday, 22 May 10
THE BRENT CRUDE PRICES WAS SHARPLY DOWN AT US$ 71.72 PER BARREL - VISTAAR SHIPPING
COALspot.com: The freight market was under pressure with the caps size index down by 10 pct with uncertainty in Europe crisis continuing.
The BD ...
Saturday, 22 May 10
PORT CONGESTION IN AUSTRALIA HELPING RATES CHINA COAL IMPORT BOOM TO CUSHION FREIGHT RATES
China's record coal imports this year will provide some support to freight rates but growing pressure from fleet oversupply is set to limit gains. ...
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- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- The University of Queensland
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
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