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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 however, and average rates this year are still higher than in 2005 and 2006. Continued strength in coal demand is underpinning this market. This week Deutsche Bank predicted thermal coal would be the next booming cargo for Australia. Simultaneously Russia reported a tenfold growth in coal exports to China in 1Q 2010. Tight coal markets may be further affected by conditions in Indonesia where a combination of growing domestic demand and new environmental limitations could curb exports. According to a government spokesman, domestic coal demand could double in the next five years as the country adds new powergenerating capacity.
Supramax/Handy
The market softened at a steady pace in both basins, although Handies in South East Asia and the Far East showed more resistance. There were fewer and fewer requirements coming out of ECSA for the larger stems. Supramax units open South Africa managed to get close to midUS$30,000s from West Africa to the Far East via Brazil, and about US$26-27,000 for trip ending Continent/Med via ECSA. Handymaxes got in the low/very low US$20,000s for South Africa to Continent direct. Large units open USG took also a hit, which deteriorated after force majeure was declared at Jose terminal due to a belt breakdown. Nevertheless, tct from USG to Continent/Med paid in excess of US$50,000 at the start of the week and then below US$50,000 end of the week. The transatlantic rv was in the low/mid US$30,000s for Supras. In the Continent and Med, some Handymax scrap cargoes were fixed from ARA to east Med in the mid US$30,000s on time charter equivalent. In the Pacific, India rates kept softening and iron ore stems paid in the low US$20,000s from WCI to China. Indo to India paid in the mid US$20,000s for Supras while the Pacific rv was in the low US$20,000s. There was little to report on the period front, but for deliveries in the east levels were in the mid US$20,000s for up to 6 months on Supras, and low US$30,000s for 4/6 months for Supras in the Atlantic.
Panamax
The Panamax market maintained a downward trend in both basins, falling at a steady pace. The Transatlantic rv lost US$3,500 to close the week at about US$37,000/day delivery Gibraltar redelivery Cont, and the NOPAC rv lost over US$3,000, closing the week at about US$26,500/day. The main reason was the lack of activity in the USG/USEC and a quiet ECSA market which took advantage of an oversupply of ships in SE Asia and India with Tess 74 getting fixed at below US$30,000/day delivery Singapore for trip via ECSA with redelivery PG/Japan range. Period activity was quiet this week with very few fixtures reported. Tess 74 were fixed for short period delivery Atlantic at around US$37,500/day redelivery Atlantic, and US$27,000/day delivery North China redelivery worldwide . Both basins were down US$5,000 from 2/3 weeks ago.
Capesize
There was a strong start to the week for the Capes with some of the previous week’s gains in the Atlantic transferring over to the Pacific. At its peak, Australia – China was being done at over US$14. Conditions were still relatively tight in the Atlantic and the 4TC finished the week above US$55,000/day. However rates were falling by the end of the week and overall the BCI finished down 2%. There were more signs of a softening on Monday with a drop of over 200 points, while period interest was scarce, with the paper market trading at a significant discount to the physical.
Source: BRS Dry Bulk
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Thursday, 24 June 10
DRY BULK MARKET AT LOWEST POINT IN EIGHT MONTHS
The dry bulk market’s demise has failed to turn around so far this week, with the industry’s benchmark, the Baltic Dry Index (BDI), yest ...
Wednesday, 23 June 10
WILHELMSEN SHIPS SERVICE OPENS NEW OFFICE IN KRISHNAPATNAM PORT INDIA
Wilhelmsen Ships Service has opened a branch office in Krishnapatnam port on the east coast of India according to statement released by company ...
Wednesday, 23 June 10
PTC'S INDONESIAN COAL-MINING FORAY-I: TO INVEST USD 69 MILLION VIA OVERSEAS SPV
Moving ahead with its plans to acquire coal assets abroad, the power trading major, PTC India Limited, has decided to invest a total of USD 69 milli ...
Tuesday, 22 June 10
INDIA HAS REPORTED MORE COAL IMPORTS FROM COLOMBIA
A second consecutive week of sharp corrections for the dry bulk market, although some of the softness could be attributed to Chinese holidays at the ...
Monday, 21 June 10
THE SUPRAMAX INDEX IN THE FAR-EAST (S6 ROUTE) WAS DOWN BY $ 1300 PER DAY - VISTAAR
COALspot.com: The market continued to soften in all sectors last week also with the BDI dropping by 18.07 pct and Cape index by 26.71 pct.
The BD ...
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Showing 5766 to 5770 news of total 6871 |
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- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- PTC India Limited - India
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- Minerals Council of Australia
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- The University of Queensland
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Economic Council, Georgia
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mjunction Services Limited - India
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
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