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Thursday, 01 July 10
PANAMAX MARKETS CONTINUE TO DROP IN ALL BASINS - FEARNLEYS
Handy
Atlantic rates continue to slide with little activity. Supras open in USG get low 30´s to Med and mid 40´s to FEast. Hmax/Supra ex Bsea get low 20´s and 30´s for fronthaul. There are positive signs of much more fresh enquiries for the next weeks mostly ex NCSA/USG/CONT. The immediate outlook is negative, but it is worth to note the BSI stabilized yesterday. We therefore choose to remain optimistic as more enquiries emerges and the World Cup is over. The FEast market was quiet over week with a lack of direction as the BDI continues down, - 40% over the past month. Charterers able to wait, do so in hope of lower rates - although there was a brief sign of a rally that disappeared with negative news coming out of China. IndoChina trips are in the high teen´s - a tick more for trips to ECI, the Indian market remains quiet with a lack of iron ore activity to FEast. NoPac rounds are not preferred, even at a premium, as owners prefer shorter duration to see where the market goes.
Panamax
Markets continue to drop in all basins, but Atlantic is more affected than Pacific this week. This supported by more spot/prompt positions from owners, most charterers believe trend will continue down. Some charterers are reluctant to fix and even holding cargoes off market in order to achive lower freights. On the positive side it´s worth to mention the high export of coal from N.America to China. Fronthaul fixed at levels around 33k while T/A rounds at level 23-24k. Pacific r/v see levels at very low 20´ and backhaul at 14-15k. The few positives; obviously charterers hold cargoes to get market further down, so when do they have to fix? also operators might take ships for medium periods at these levels.
Capesize
There were more signs of a healthier market and more support towards end of last week. However, in spite of a relatively good fixing activity the market remains relatively flat. The Australia/PRC round was done at close to USD 9 pmt, against USD 8.50 end of the period. For the Tubarao/Qingdao round Vale has been picking ships at USD 22 pmt, arnd five in total of which all giving Eta Tubarao first half July. Although Vale seem to be covered for now, their activity certainly have been important in obtaining more steady supply and demand balance. There are more players looking for short period tonnage, however with levels at high USD 20k´s most owners don´t find it very interesting. The main concern of the market is still the depressed steel demand in China, however it seems there has been reached a floor for now.
Source: FEARNBULK
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Tuesday, 20 July 10
CHURCHILL PLANNING TO PRODUCE 35 MILLION TONNES PER ANNUM FROM ITS EAST KUTAI COAL PROJECT
According to Churchill's website, the East Kutai Coal Project is a world-class thermal coal deposit, with a JORC Mining Reserve of 961 milli ...
Tuesday, 20 July 10
DRY BULK SHIPPING MARKET FINDING SOME SUPPORT, AS OWNERS TAKE CAPE SIZES OFF THE MARKET
With the Baltic Dry Index finally having reached bottom, at least according to market analysts, the dry bulk industry is looking to begin its long r ...
Monday, 19 July 10
INDONESIA EXPORTS 24.49 MILLION TONNES OF COAL IN JUNE 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 141.249 million tons of coal in the first half of this year. In June 2010, Indone ...
Monday, 19 July 10
CHINA ONCE AGAIN DOMINATING SHIPPING FREIGHT RATES, WHILE OVERSUPPLY OF TONNAGE RAISES CONCERN
The ending of the week brought a cheerful note among dry bulk ship owners, as the sinking benchmark of the industry, the Baltic Dry Index (BDI) fina ...
Saturday, 17 July 10
THE DRY BULK MARKET CONTINUED THE DOWNWARD TREND - VISTAAR
COALspot.com: The indices continued the downward trend this week also with BDI at 1,720 points and cape size index at 1676 points and the charter ra ...
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Showing 5716 to 5720 news of total 6871 |
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- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- London Commodity Brokers - England
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
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