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Thursday, 29 July 10
BALTIC INDEXES ARE POSITIVE SINCE A FEW DAYS
Handy
Baltic indexes are positive since a few days which could mean that markets have bottomed out (as we correctly predicted in our report of last week!) and we will see increased rates this week and next week. Atlantic markets are seeing fresher enquiry on Continent and Black Sea. In the FEast there continues to be enough activity to keep rates at a stable level but sentiments remain mixed, some saying level has bottomed and we will remain at this level until at least Q4 others saying we are in for a further dip. However, Owners remain positive given recent rates and stability. Indo to China and India are fixing in the mid/high teens with a tick more for Nopac RVs. Backhauls, basis N China, have been seen in the low teens. Short period on modern tonnage is asking in the early 20´s.
Panamax
The slow market recovery indicated last week has continued, in particular in the Atlantic where some Charterers even find prompt requirements challenging to cover. In the Pacific the interest for short period has increased, although it is still based on limited volumes on levels around 23.000 day. TA`s fixed arnd USD 20,000, up USD 2,000 from last week. Fronthauls fixtures were done at 30,000 day. Pacific rounds kept fairly stable from last week at USD 18,000 day and the 2010 record low backhaul climbed from USD 11,000 to USD 12,000 day. The contango in the FFA market (for Q4) and the increased interest in period tonnage could indicate the market has passed a turning point.
Capesize
Fundamentally nothing is changed from last week, still a good number of ballasters as well as supply of ships for early dates in the east. There is presently a firm sentiment, but it seems mainly paper driven. West Australia round is presently around US$ 6.50 and Tubarao to Qingdao at 17 - 18 level. There have been done a couple of period fixtures this week, but overall the market is best summarized in two words; uncertainty and lack of cargoes. Furthermore, we are entering the holiday season in the east and less activity is expected.
Source: FEARNRESEARCH
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Tuesday, 27 July 10
DRY BULK SPOT CARGO DEMAND SHARPLY UP, TRIGGERING RISE IN RATES
Hot on the heels of the dry bulk market’s first weekly gain in almost two months, Monday began on a similar note, with the Baltic Dry Index (B ...
Tuesday, 27 July 10
KANGAROO RESOURCES INKS 297MT COAL RESOURCE FOR TANUR JAYA PROJECT
Kangaroo Resources has reported JORC Code compliant open cut Coal Resources totalling 297 million tonnes for the Tanur Jaya Coal Project in East Kal ...
Monday, 26 July 10
INDONESIAN COAL PRICE REFERENCE FOR JULY 2010 IS US$ 96.65 PER TON FOB VESSEL
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Monday, 26 July 10
BHATIA INTERNATIONAL, MIGHT GRAB THE MAJORITY OF COAL SUPPLY ORDER FROM MAHAGENCO
COALspot.com: Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, has received price bids from ...
Monday, 26 July 10
CEMENT MAKERS EXPLORE NEW FUELS TO REPLACE COAL - ECONOMIC TIMES
Economic Times reported that, As the cement industry reels under high raw material costs and reduced coal linkages, companies are exploring alternat ...
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- PTC India Limited - India
- Renaissance Capital - South Africa
- The University of Queensland
- Ministry of Mines - Canada
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
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