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Saturday, 04 December 10
OFF WEST COAST OF INDIA TONNAGE IS SEEMINGLY QUITE SPARSE - FEARNBULK
Handy
The Atlantic markets are weak and remained unusually calm after the Thanksgiving holidays. A 57k dwt was lucky to get usd 25k per day bss dely Continent to Far East. Grain movements are low and USG markets are expected to drop further, but handymax tonnage open USG are achieving usd 28k per day to Far East for petcoke. The Black Sea is simply ´dead´. Outlook: softening. The market in the East has been rather slow over the past week. Having seen a couple of fixtures around the 14k and 15k level for modern Supramaxes opening mid China via Indo to India owners are aiming for these levels, however charterers are happy to sit tight as confidence that the market is going to firm remains weak. Off west coast of India tonnage is seemingly quite sparse and we have seen vessels fixing around the 15k level for trips to China - remains to be seen whether there will be steady cargo requirements. Short period remains week with charterers unable to meet owners´ ideas.
Panamax
Fueled by some fresh orders and lack of prompt tonnage, the Atlantic market maintained a positive trend this week. TA rounds going in the low 20´s and Continent positions even able to reach mid 20´s. Fronthaul fixed at healthy 29k via Cape of G Hope. In the eastern hemisphere there is oversupply of tonnage and despite a fair amount of fresh coal requirements the market is sliding in the mid teen area. Short period market not very active, typically 4-6 months fixed at 18500. The sentiment has lost some optimism by the recent downturn in the Cape market and a slow decline on FFA´s - despite some signs of a recovery mid week. A relevant question is whether we are already facing a slow down for the coming X-Mas season.
Capesize
Hard times for owners as levels - physically as well as derivatives - have dropped drastically across the board. Spot demand is simply not enough to absorb the massive number of new entries that come in addition to the existing fleet. Average spot earnings down close to 25% w-o-w, coming in at around usd 26k. Pacific is hard hit in particular, with rates for rounds falling by almost 35% to usd 18k. Atlantic is holding up better, as the ballasters from Far East take most of the general beating - the North Atlantic tonnage/cargo balance is healthy in comparison. A few brave operators dare to book period tonnage despite the overall trend, with usd 28500 done just before diving into the abyss on 180kdwt/2009 for 12 months delivery China 5/15 Dec, also 172kdwt/2001 done for 3-5 months at usd 25k delivery retro China 14 Nov. Uncertainty as to whether market about to find a floor or if this is turning into a complete collapse.
Source: FEARNBULK
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Friday, 26 November 10
INDIA WILL IMPORT 100 MLN TONS OF COAL BY 2012 - LAKSHMINARAYANA
COALspot.com – “India’s coal shortfall will reach 100 million mt by 2011-12”, said Lakshminarayana, Vice Preside ...
Friday, 26 November 10
CHINAS COAL INVENTORY STAYS HIGH FOR 22 MONTHS AT 220 MLN T, ASSOCIATION
Xinhua News Agency reported that, China’s coal inventory has stayed high and unchanged for 22 months to be around 220 million tonnes, reflecti ...
Friday, 26 November 10
DR WOLFGANG CIESLIK TO HEAD GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com – (Press Release): The Management Board of the German Coal Importers Association (Verein der Kohlenimporteure e.V.) has elected D ...
Thursday, 25 November 10
ANALYSIS: COAL SECTOR: VALUE EMERGENCE - THE JAKARTA POST
Coal demand will remain firm due to a build-up of coal-fired power plants in India, China and Indonesia. As a result, we have upgraded our coal pric ...
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 re ...
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Showing 5511 to 5515 news of total 6871 |
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- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Medco Energi Mining Internasional
- Australian Coal Association
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- VISA Power Limited - India
- Xindia Steels Limited - India
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Thai Mozambique Logistica
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
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