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Thursday, 10 June 10
CHARTERERS ARE NOT WILLING TO PAY THE RATES AS MARKET SLIDES
DRY BULK
Handy
Atlantic markets are quieter (Posidonia?) with less activity. Nevertheless expect some fresh enquiries for the next weeks. Supramax vessels open in USG are still achieving low 50´s to the Med and mid/high50´s to the FEast. Handymax tonnage ex Bsea achieving high 30´s fronthaul and supras high 40 ´s. The immediate outlook is for flat/stable conditions. The Market in the FEast continues to slide with fresh tonnage coming open, adding to many already spot vessels, it seems that t/c rates will continue to slide - whether these levels continue once the tonnage clears is yet to be seen. As expected India rates continue to soften with iron ore WCI/China fixing around the $20K level. Similar levels for a Pacific RV at low $20K and very little activity on Nopac rounds. Period enquiries still there but charterers are not willing to pay the rates as market slides.
Panamax
The Panamax sector is still suffering from less demand and activity has been low the last few days. Typical levels are in the mid upper 30´s in the Atlantic and mid 20´s in the Pacific. Some fixtures reported still at decent levels, but trend is clearly downwards. More spot positions in the Atlantic and Pacific combined with less fresh orders and chartrs reluctant to fix their requirement, indicate market will continue down. The period market has cooled down with less takers although Owners holding on to their rates. Market activity may also be somewhat influenced by the Posidonia taking place this week.
Capesize
Rates have been decreasing over the last week with Australia round voyage presently at low USD 12s and Tubarao - Qingdao in the very low 30s. Although rates have been in more or less free fall in the Pacific from monday some resistance is seen mid week with the Australia round up as the only one of the Baltic routes. There is more optimism in the market as we are approaching end of the Posidonia in Greece!
Source: FEARNRESEARCH
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Thursday, 10 June 10
R-POWER, INDONESIA'S SUGICO INK PACT TO ACQUIRE COAL MINES - ECONOMIC TIMES
Economic Times of India reported that, Anil Ambani-owned Reliance Power has signed a share-sale agreement with Indonesia’s Sugico Group to acq ...
Thursday, 10 June 10
PARAMOUNT MINING CORPORATION REPORTS KEY INDONESIAN JV AGREEMENT
Indonesia focussed Paramount Mining Corporation has reported that its Indonesian subsidiary, PT Paramindo, has concluded a Joint Venture Agreem ...
Wednesday, 09 June 10
INDIA, CHINA TO PROP UP THERMAL COAL DEMAND - COMMODITY ONLINE
Commodity Online : Weakness in thermal coal demand in OECD will continue to be offset by growth in demand in India and China. Therefore, the s ...
Tuesday, 08 June 10
TATA POWER LOOKING TO PICK UP STAKE IN OVERSEAS COAL MINES - ECONOMIC TIMES
Economic Times reported that, Tata Power is looking for a strategic stake purchase in coal mines of Indonesia or South Africa to fuel its upcoming 1 ...
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 ...
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Showing 5786 to 5790 news of total 6871 |
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- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
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