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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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Saturday, 24 July 10
INDONESIAS BUKIT ASAM H1 2010, SALES RAISED 10% TO 6.44 MILLION TONS
COALspot.com: PT Tambang Batubara Bukit Asam (PTBA), Indonesian state owned mining company’s H1 2010, sales raised 10% to 6.44 million tons. T ...
Saturday, 24 July 10
INDONESIAN COAL MINERS ARE REQUIRED TO SUPPLY 64.96 MLN TONS OF COAL TO DOMESTIC MARKET IN 2010
COALspot.com : Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree related to Domestic market obligation (DMO) for ...
Saturday, 24 July 10
THE BDI SEEMS TO BE RECOVERING AND WAS UP BY ABOUT 6 PCT - CAPT. REDDY
COALspot.com: "The BDI seems to be recovering and was up by about 6 pct this week after losing for almost last 7 weeks", said Capt. Reddy, ...
Saturday, 24 July 10
ANALYSIS - GROWTH IN VESSEL SUPPLY PRESSURES OCEAN FREIGHT RATES
It's common to use global shipping rate trends as a proxy of global economic health. If demand for goods and raw materials are strong, so should it ...
Friday, 23 July 10
KOWEPO TO IMPORT ADDITIONAL 1.2 MILLION TONS OF INDONESIAN COAL WITHIN 5 MONTHS
Korea Western Power Company Limited has finalized around 1.2 million tonnes of Indonesian origin of coal last week. According to K ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- MS Steel International - UAE
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Australian Coal Association
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
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