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Friday, 04 June 10
INDO/INDIA AROUND THE MID 20'S LEVEL AND MID TO HIGH 20'S INDIA/CHINA
Handy
After a quiet end to last week, the Atlantic handysize market continued firminto this week with several strong fixtures being reported. The short period market is still active with a modern 55k dwt being fixed for 6/8 months delivery US Gulf at around usd 35,000 daily. The Black Sea market is still going strong with fixtures being done in the low 40k region for trips to FEast. Market softening in the FEast with lots of vessels opening and looking for employment. Little activity in the India market; seen Indo/India around the mid 20´s level and mid to high 20´s India/China. Nopac RV´s are in the mid 20´s, similar levels for Indo China. Still interest in the period market with modern Smaxes fixing mid 20´s dely FEast for 4/6 mos. China ´s iron ore imports seem to be the leading factor determining the course of rates but sentiment is generally pretty negative.
Panamax
Over the last week the negative trend in the Panamax market has gained further strength in both basins. Atlantic positions have had to accept lower rates now in the very high 30´s for transatlantic business, and low 40´s for fronthaul. More positions and less fresh requirements seem to be the trend, especially for Pacific vessels now also suffering from an ending grain season in ECSA. Pacific r/v has come down to 27.000 and even less for spot positions including short SE Asia rounds. The period market is still at reasonable stable and relatively high levels, although it seems actual period fixtures are far and few between. Added to the negative trend the sentiment lost optimism in a gradually weaker FFA market.
Capesize
Moving sideways, but with substantial geographical pressure shifts. From being the main area of interest and sniffing at usd 85k/day for the fronthaul run, Atlantic is cooling down somewhat in lack of fresh business and reports of forward cargoes concluded at heavy discounts to spot. Pacific levels, on the other hand, are on the rise and presently hovering around usd 55k for index types as majors Aussie miners keep picking prompt ships by the dozen. The logical consequence is considerable short period activity, with representative fixtures including 175kdwt/built 2005 open China mid June done for 4-6 months at usd 40k. Paper not supportive and market too nervous to encourage much long period fixing, with the healthy exception of NB 177kdwt ex New Times Yard China done for 12 mos at a reported usd 37k.
Source: FEARNBULK
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Tuesday, 08 June 10
RUSSIA REPORTED A TENFOLD GROWTH IN COAL EXPORTS TO CHINA IN 1Q 2010 - BRS
A retreat for all the dry bulk segments this week, but especially for the Panamax and Supramax markets. The Panamax 4TC remains over US$30,000/day h ...
Monday, 07 June 10
SOUTH AFRICA COAL STAYS NEAR 18-MONTH HIGH ON EUROPEAN DEMAND - BLOOMBERG
Bloomberg Reported that, Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, ...
Sunday, 06 June 10
THE DOWNWARD TREND FOR S6 AND S7 ROUTE IS LIKELY TO CONTINUE NEXT WEEK - VISTAAR
COALspot.com: "This seemed market heading for corrections with all sectors down", said, Capt. Reddy, MD of Vistaar Shipping Singapore, an ...
Sunday, 06 June 10
STEAM COAL MAY BECOME NEXT BOOMING COMMODITY IN AUSTRALIA - DB
Deutsche Bank predicts that thermal coal could become Australia's next booming commodity. The German investment bank's global thermal coal team ex ...
Thursday, 03 June 10
INDO GOVERNMENT TRIES TO CALM BUSINESSES FEARS OVER FOREST - CLEARING MORATORIUM
The Jakarta Globe reported that, as producers of coal and palm oil continued to howl, the government on Tuesday offered reassurances that the develo ...
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- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Indika Energy - Indonesia
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- The Treasury - Australian Government
- The University of Queensland
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
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