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Thursday, 24 February 11
SUPRAS ARE FIXED AT CLOSE TO 10K FOR TRIPS VIA INDONESIA TO INDIA WITH COAL - FEARNBULK
Handy
After a short lived surge in rates the Atlantic market has flattened out due to too many spot vessels. The USGulf has cooled down somewhat for trips within the Atlantic but there is demand for tonnage for trips east (mid 30´s). Supramaxes in West Africa/ECSA getting mid twenties for trips east.
Outlook: Flat. There is continued firm market in the Pacific region. Supras in North China are fixed at close to 10k for trips via Indonesia to India with coal. Supras on WC are getting at least $20k and EC rates have also improved to about 18k levels for iron ore trips to China. Many believeIndian iron ore would remain firm for few weeks. Red Sea; ferts on handymax/ supras are fixed at high 20´s pmt on voyage bss to WC India. Not much seen on short period as rates are seen rising and now are at around usd 16k.
Panamax
The positive trend from last week gradually faded out, lead by lack of freshUSG/ECSA grain requirements in the Atlantic, a sliding forward curve followed by a falling period market in the Pacific. Despite prompt vessels under pressure still some healthy numbers achieved in the Atlantic; typically 25000 + 500BB for Fronthaul and mid teens for transatlantic rounds. The Pacific saw rates coming off significantly to lower teens for Nopac rounds and a growing spread between spot- and period rates. Charterers and operators are holding back and reducing their activity. Takers for longer periods clearly stand off as the forward curve test very low teens and most Owners still hope for a recovery to do high teens for same. On a positive note there is growing local enthusiasm with the commencement of the Nordic World ski championships in Oslo.
Capesize
Although there was a little more activity last week, this has slowed down and rates have fallen slightly. This combined with increased bunker prices result in even lower returns for owners. Despite an increasing number of vessels not trading the oversupply is still the major problem, and with new cyclones hitting major loading ports in East Australia the market becomes even more frustrated. Presently owners are willing to fix out their tonnage at usd 16000 per day for 12-month period, which is a considerable premium over the spot market, but these are new record low levels for this kind of fixture.
Source: FEARNBULK
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Friday, 04 February 11
ADARO ENERGY FY10 COAL SALES UP 6 PERCENT TO 43.84 MILLION
As reported by insider stories, Indonesian coal miners PT Adaro Energy Tbk has produced 42.20 million tons of coal in 2010, a 4 percent increase com ...
Thursday, 03 February 11
MERCATOR LINES TO INVEST RS 200-250 CRORE ON COAL MINE IN INDONESIA - ECONOMIC TIMES
Economic Times reported that, Mercator Lines, the HK Mittal-controlled shipping-to-mines major, will invest about 200-250 crore (US$ 43.825 - 54.781 ...
Thursday, 03 February 11
DRY BULK MARKET LOOKS SET TO BOTTOM OUT NIKOS - ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market having lost more than 72% of its value in the last month or so and having retreated to a 2-year low, it seems that the bott ...
Wednesday, 02 February 11
INDONESIA MAY MISS COAL EXPORT TARGET IN 2011
COALspot.com - Indonesian Trade ministry has instructed independent surveyors temporarily not to issue pre-shipment survey report (LS) to the compan ...
Wednesday, 02 February 11
BAYAN TO SUPPLY COAL TO TP UTILITIES LTD
Insider Stories has reportd that, Indonesia's one of the leading coal miner PT Bayan Resources Tbk (BYAN) owned by businessman Dato' Low Tuck ...
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- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
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- Chettinad Cement Corporation Ltd - India
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
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- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
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- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
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- TeaM Sual Corporation - Philippines
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- ASAPP Information Group - India
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- Indian Oil Corporation Limited
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- Simpson Spence & Young - Indonesia
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- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
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- Vedanta Resources Plc - India
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- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
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- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
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- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
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- Ministry of Finance - Indonesia
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- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
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- ICICI Bank Limited - India
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
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- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Minerals Council of Australia
- Commonwealth Bank - Australia
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- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Economic Council, Georgia
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
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- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
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- Independent Power Producers Association of India
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- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
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- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- PTC India Limited - India
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
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- Mintek Dendrill Indonesia
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- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
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- Cement Manufacturers Association - India
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- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
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- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
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- Indonesian Coal Mining Association
- Trasteel International SA, Italy
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