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Thursday, 26 August 10
CHARTERERS SWITCHING FROM PANAMAX TO CAPE STEMS DUE TO CAPE FALL
Handy
The activity picked up in the Atlantic with more enquiries seen for short period tonnage for end August/beg September - As the grain season is fast approaching, the south American and USG markets should enjoy firm rates. Rates are at mid/high 30´s for t/a rounds on Supras, mid/high 40´s for trips Far East. There are rumors Handymax vessels are seeing at least 40k to be induces to go to the Indian Ocean/Far East. Cosbulk has relet the Sea Lantana (52kdwt) at usd 23,500 for 1 year basis delivery Continent in early September dates. Outlook: firm. The positive sentiment in the Pacific still seems to be there, but the start of this week has been quiet with a stand offish feel at present. Charterers seem to be speculating that the market may come off a little while owners are still confident and aiming for last done or better. Pacific rounds are in the low 20´s with a tick more for Nopac while short period enquiries are hot and have been fixing in the mid 20´s.
Panamax
Atlantic ended active last week, but lost momentum this week. Increased export from US Gulf explained most of the activity and maybe as a consequence of a strong Cape market end last and beginning this week. Yesterday some charterers changed from Panamax to Cape stems due to Cape fall. Volume still there but levels down. Fronthaul aiming at mid/high 30k levels. Short period 4-6 months obtain around usd 27,500. Pacific market more quiet the last days, both for spot and period business. Atlantic RV fixed at levels usd 26-26,500 while Pacific pending 22-23k while a modern Panamax for 1 year at 25,500.
Capesize
Taking a breather or in for a setback after a period of strong improvement? Spot market presently softening as more tonnage showing for early positions - but number of ballasters heading for Brazil not frightening. Average spot levels are up some 15% w-o-w to come in at usd 34k. Iron ore is the main driver, with fronthaul up from usd 50k to 57k and Pacific rounds up usd 3k to usd 33k. Period activity has been considerable on back of supporting paper values - representative fixtures including 203kdwt/blt 2007 done for 7-9 mos, delivery Shanghai, prompt at usd 40k, 171kdwt/blt 1997 fixing 12 mos usd 32k, delivery China beg Sept, and 171kdwt/blt 99 done for 4-6 mos usd 36k basis delivery China beg Sept.
Source: FEARNBULK
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Thursday, 19 August 10
INDONESIA EXPORTED 5.93 MLN TON OF COAL TO CHINA AND 3.52 MLN TONS TO INDIA IN JULY
COALspot.com: Indonesia shipped 3.52 million tones of thermal coal to India in July, fell 25.39 percent compared to June's exports of 4.71 million ...
Thursday, 19 August 10
WBPDCL INDIA LAUNCHES SPOT COAL TENDER
COALspot.com: The West Bengal Power Development Corporation Limited (WBPDCL ), A Govt. of West Bengal Enterprise, has launched spot contract tender ...
Thursday, 19 August 10
PANAMAX BACKED BY A STRONGER SHORT PERIOD MARKET AND SUPPORTED BY SOME FRESH REQUIREMENTS - FEARNBULK
Handy
The events of this week have confirmed our assessment of last week i.e. activity gradually picked up in the Atlantic with more enquiry seen ...
Thursday, 19 August 10
CSC TO SHIP COAL FOR NOROCHCHOLAI POWER PLANT
Daily Mirror reported that, coal for the Norochcholai Power Plant will be shipped to the country by the Ceylon Shipping Corporation (CSC) officials ...
Wednesday, 18 August 10
MADHUCON TO START MINING AT SUMATRA BLOCK IN 2-3 MONTHS
DNA India reported that, Hyderabad-based Madhucon Projects is set to begin mining at one of its coal blocks in Indonesia in 2-3 months, said S Vaiku ...
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- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Thai Mozambique Logistica
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Planning Commission, India
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
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