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Thursday, 25 November 10
INDONESIAN ROUNDS ARE ACHIEVING IN THE LOW 10S, OWNERS ARE NOT KEEN FOR TRIPS TO INDIA - FEARNBULK
HANDY
Uneventful week - Supra/Panamax stems ex USG to China/Korea/Japan are the main focus + grains ex. Argentina. The Atlantic market activity remains low and has continued to slide. Very little fresh enquiries ex. Black Sea is forcing tonnage to ballast towards Gib. Maria L was reportedly fixed 15500 usd for 2 ll redel Atlantic. Outlook: flat. The Pacific market started off the week slipping but it appears that it may have bottomed out with rates remaining firm, particularly for Indonesian business into both China and India. Indonesian rounds are achieving in the low 10´s however, owners are still not that keen for trips to India. A lack of prompt tonnage means that rates appear to be remaining stable. Off the west coast of India vessels are getting around the 13,000 level to China. Very little RBCT activity to speak of.
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PANAMAX
A little more positive sentiment in the Panamax market this week in both hemispheres, some new enquiries in the Atlantic pushed rates a tick up. Pacific had a more slow beginning but increased somewhat from midweek, 3/5 months period redel ww fixed at usd 20k. Transatlantic r/v arnd 17-18k level while Pacific 16.5k-17k. Fronthaul pending around usd 25-26k while backhaul remain poor if finding cargoes at all at 10k level. Might be we face an end of year effect in the market with charterers selling out their stocks, which can be positive on short term, while the long picture is more uncertain.
CAPESIZE
A very quiet week with mostly repeat business, rate wise, until now where the levels are sliding. The absence of Vale on the front haul leg has effectively prompted the slide. There have been some tight Atlantic positions where vessels have commanded premiums but, this has been for North Atlantic loading and very prompt positions. On the period side, there has been some activity with a good unit fixed at usd 30k daily.
Spot coal has also been concluded but the volumes have not been enough to move the market. All in all a colorless week.
Source: FEARNBULK
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Tuesday, 21 December 10
CHINA COAL CAP TO BOOST GLOBAL M&A - FINANCIER WORLD WIDE
Financier World Wide reported that, Chinese state-run media has reported that the Central Government intends to cap domestic coal production for fea ...
Tuesday, 21 December 10
CIL TOLD TO SCOUT MINES ABROAD TO BRIDGE COAL DEFICIT - ECONOMIC TIMES
Economic Times reported that, The government asked state-owned CIL to look for acquiring assets abroad to meet the domestic shortfall of coal.
&q ...
Tuesday, 21 December 10
SHIPPING INDUSTRY RECOVERING, BUT STILL HAMPERED BY OVERSUPPLY OF VESSELS AND DEPRESSED FREIGHT RATES - UNCTAD / HELLENIC SHIPPING
International seaborne trade contracted by 4.5 per cent in 2009, reports UNCTAD´s Review of Maritime Transport 2010 . That decline put seaborn ...
Sunday, 19 December 10
SPOT SUPRAMAX VESSELS WERE FIXED AROUND US$ 13,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued to be soft with the BDI down by 96 points and closed at 1,999 points, touching below 2,000 points on Fri ...
Friday, 17 December 10
THE PANAMAX MARKET HAS EXPERIENCED A SOFTER TENDENCY THIS WEEK - FEARNBULK
Handy
Monotonous Atlantic markets with little fresh enquiry in Black Sea/Med/Continent. Large Supras are achieving usd 21/22k for TA rounds - 2/3 ...
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- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
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- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Romanian Commodities Exchange
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
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- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
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- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
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- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
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- Merrill Lynch Commodities Europe
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- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Planning Commission, India
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- White Energy Company Limited
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
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- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
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