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Friday, 10 September 10
WCI INTO CHINA WITH IRON ORE ARE AIMING AROUND $ 20K - FEARNBULK
Handy
The rates are firm in every corner of the world. However it still looks Atlantic/Baltic/Black Sea offer better employment opportunities for the tonnage with the rates close to/over usd 30k daily. India remains weak with limited cargoes but as the monsoon draws to a close and ports due to reopen in the west towards the end of the month owners are hoping for more activity and rates to pick up within the next few weeks. Trips from WCI into China with Iron Ore are aiming around the 20k level with Richard Bay rounds fixing at a tick less, a similar level as the Indo RV. Short period interest remains firm with owners achieving a tick below the mid 20´s level. Generally there seems to be positive sentiment for Q4 with the BDI on the up and a more positive tone on the FFA market.
Panamax
A positive trend was seen during this week, with rates climbing steadily. Especially period requirements were a hot topic, and 2 years fixed at 23250 del Far East, for then to be relet at 28250 for 5/7 months. In the Atlantic the TA´s fixed in the 29/30k region, up usd 5000 from last week, same jump were seen for fronthaul, fixing in the usd 35/36k levels. In the Pacific, LME ´s fixing usd 26/27k, up usd 3/4000 from last week. Backhauls were more or less stable at usd 14000.
Capesize
The Baltic index has increased from 3516 to 4024 though the past week. The average time charter rates have increased from usd 34488 to 40904 in the same period. We can definitely say that the index has been lagging and is under what is being physically being concluded. The recent rally in the market can be described as re-let driven, and when it became apparent that there were few ballasters towards Brazil, the operators began to react and secure what they could of tonnage. The fact that Vale came in and picked up the very early units has compounded the situation and freight rates in the Atlantic, both for front haul and transatlantic routes, are still firming. On the period front, operators have swept the market and absorbed the available period candidates at premium levels.
Souce: FEARNBULK
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Tuesday, 31 August 10
CIL MAY SET UP POWER PLANT TO UTILIZE EXCESS COAL
The Economic Times reported that, the world's largest coal producer Coal India Ltd (CIL) said it may consider setting up power plants in the countr ...
Tuesday, 31 August 10
NALCO SEEKS STAKES IN INDONESIAN COAL MINES
Economic Times reported that, National Aluminium Co. Ltd said on Tuesday it wants to buy stakes in Indonesian coal mines to secure supplies fo ...
Tuesday, 31 August 10
CAPESIZE RATES ON VOLATILE MOVEMENT
With Monday a holiday for London’s stockmarket (Bank Holiday), the dry bulk market took a breather before presenting ship owners and charterer ...
Monday, 30 August 10
MUNDRA PORT BEGINS OPERATIONS AT NEW TERMINAL IN GUJARAT
Economic Times reported that, Adani group firm Mundra Port has commenced operations at its 20-million tonnes port at Dahej in Gujarat, the company s ...
Monday, 30 August 10
DRY BULK MARKET STABILIZES, ALBEIT AT A FALLING NOTE
The dry bulk market’s leading benchmark, the Baltic Dry Index (BDI) ended the week at 2712 points, a marginal weekly loss of 1.6% or 44 points ...
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- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Planning Commission, India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
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- Mjunction Services Limited - India
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- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Orica Mining Services - Indonesia
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- PTC India Limited - India
- Bhushan Steel Limited - India
- Posco Energy - South Korea
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- The University of Queensland
- SMC Global Power, Philippines
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
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