We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 22 February 11
SUPRAMAX MARKET IS IMPROVING IN THE PACIFIC
 BRS - A 10% rise in the BDI this week, mostly on the back of Panamax rates and improvements in the Supramax market in the Pacific. For the Capes, rates rose slightly but it was an inconclusive week. Adding to the uncertain situation in India, Chhattisgarh state, which produces around 20% of India's iron ore reserves, this week became the latest to threaten a possible ban on exports after the state’s chief minister appealed to the Indian prime minister. The region has only one ore miner, state-owned NMDC, so a decision on a ban would have to be made by the federal government. Karnataka’s ban on exports from private firms is currently being appealed in the Supreme Court, but has already resulted in a significant drop in exports from the country.
Capesize
Although Chinese New Year is now well and truly behind us, there has yet to be a significant recovery in Capesize rates. Rates rose Friday to Friday but started another downward slide towards the end of the week. At US$ 6,620 per day on Friday, the 4TC is still lower than rates before the holiday. Widespread tonnage availability continues to be the main issue, particularly in the Pacific, and the only route to show any real rate increase was Brazil-China. There was no period activity to report, and in the FFA market Q2 has now dropped from US$ 21,000 levels to US$ 17,500. The BCI recorded another drop on Monday.
Panamax
The Panamax market this week continued in the same vein as last week, boosted by a firm Indian market; the 4TC average closed on Friday at US$ 16,000 per day, up US$3,000 compared to a week ago. The route paying the most was the WCI/ China trade where a standard Tess 74 managed to fix at US$ 22/23,000 per day. The Nopac itself was closer to US$15,000/ day, representing an increase of around US$ 4,000 compared to last week’s level. The India buzz had an impact on TA round rates and especially in the ECSA area. But by the end of the week we noted a decrease in activity, with a still quiet ECSA grain export market and high ship availability. The TA round ended the week at US$15/16,000 per day. Period wise, numbers increased as well and operators were taking ships in at around US$18,000 per day ie an increase of US$2,000 compared to the previous week.
Supramax/Handy
The Baltic Supramax Index has continued to rise throughout the week as activity picks up steadily after the Chinese New Year. Despite this rise, one wonders whether the improvements will last. The BSI gained 113 points to finish at 1,267 points last week, while the average of the time charter average gained US$1,184 to finish at US$13,247. The USG and NCSA were the most active areas, and modern Supras were fixed at in the low/ mid US$20,000s back to the Continent/Med. Supras were paid around US$25,000 for delivery west coast central America. The Continent has also been active with fixtures reported to various destinations including the Far East in the very high US$10,000s, and a couple of laden legs within the Atlantic in the mid US$10,000s. Little emerged from South America on the Supras. The Baltic has also been on the rise for smaller sizes and the BHSI gained 19 points last week to finish at 670, while the average of the time charter gained US$304 to finish at US$9,906. East coast South America has been more active mainly with grain fixtures to the Continent and Mediterranean in the mid to mid/high US$10,000s depending on vessel age. From north coast South America vessels were fixed at US$15,000 for Continent redelivery and modern Handies were rumoured fixed at US$10,000 from the eastern Med to west Africa. Modern Supras were fixed in the mid US$10,000s level for 4-6 months period with delivery Far East. The Pacific was also on the rise with Supramaxes ex Japan to Australia/Nopac gaining US$2,386 to end the week at US$10,791. Supras open in China for a trip to Indonesia with redelivery India were paid a touch below US$10,000.
Source: Barry Rogliano Salles
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 21 February 11
CHURCHILL MINING RECEIVES SIGNIFICANT INTEREST, PROPOSALS TO DEVELOP EAST KUTAI COAL PROJECT - PROACTIVE INVESTORS
Proactive Investors reported that, Churchill Mining has received a number of specific proposals to fund and develop its massive East Kutai coa ...
Monday, 21 February 11
ABOLISH 5% DUTY ON COAL IMPORTS: SHINDE
Indian Express reported that, with acute coal shortage of domestic coal threatening to destabilise its power generation plans, the power ministry ha ...
Saturday, 19 February 11
THE FREIGHT MARKET EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - The market was quite firm this week with freight rates in South east asia and India/Feast almost up by 30 pct.
However towards end ...
Thursday, 17 February 11
COAL-GEN EUROPE 2011 REAFFIRMS THE IMPORTANCE OF COAL
Press Release: The third COAL-GEN Europe conference and exhibition, kicked off on Tuesday 15 February, with leading experts, professionals and compa ...
Thursday, 17 February 11
UNCERTAINTY AND VOLATILITY - FEARNBULK
Handy
Recovering market as evidenced by the solid USD 16k/day achieved by a handymax from Continent to east Med with scrap. More short period requ ...
|
|
|
Showing 5371 to 5375 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Planning Commission, India
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- White Energy Company Limited
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Economic Council, Georgia
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
|
| |
| |
|
