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Friday, 04 March 11
IRON ORE FROM INDIA HAS BEEN QUIET
Handy
Activity has been gradually rising in the Atlantic but it is mostly confined to the USG market. Short period basis redelivery Atlantic has been reportedly done at usd 24,000 pd delivery USG. The Cont/Bsea remain quiet with little activity which is forcing tonnage to ballast towards Gib. Many Owners are still reluctant to trade Suez or Aden. A 50kdwt blt 03 was reportedly fixed at around usd 20k pd dely Cont via CGH to FEast. Mkt remained firm in Pac. Supras in North China are fixed at close to 15k for trips via Indo to India with coal. Iron ore from India has been quiet with recent 20% export tax and mkt looks uncertain. Supras on WCI and ECI close to 17k for trips to China. On Richards Bay rnds supras now seeing around mid-teens. Red Sea, ferts on hmax/ supras are fixed at very high 20´s pmt on voy bss to WCIndia. Owns have been rating close to mid 30s due to increased piracy threat and bunker prices. Not much seen on short period as rates are seen rising and now around usd 17k.
Panamax
With lack of fresh grain business from USG or ECSA the sentiment is looking bit toppish leading to a slow decline in rates and interest for period. In the USG/ECSA area a majority of March cargoes seems to be fixed adding pressure to the Fronthaul rates. Mid week fixtures for same in the 25,000 + 600,000 GBB area. Atlantic buisness after a fairly steady week also under pressure with oversupply of spot tonnage still levels hovering arround 15,000/Day. In the Pacific rounds fixed at USD 13,500 levels and some healthy fixtures for ECSA rounds still reported at high teens basis India-SE Asia delivery. Short Periode fixed at 17,500, and 1 yr at 16,000 prompt delivery Far East.
Capesize
Two months into 2011 and we see the full effect of the sad reality describing the cape market. Last week bunker prices made a big jump,resulting in slightly improved rates but even more ships at anchor. West australia round is presently between USD 6.50 and 7 pmt, whilst fronthaul remaining steady around low USD 18. A lack of cargoes around and more tonnage coming sugesting the present poor mkt to continue for some time.
Source: FEARNBULK
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Tuesday, 17 May 11
DRY BULK MARKET ENTERS WEEK ON WEAK MODE - HELLENIC SHIPPING
In yet another sign of softening freight rates for dry bulk carriers and oversupply issues, the dry bulk market entered this week on a downward path ...
Monday, 16 May 11
INDO TAMBANG 1Q SALES REVENUE UP - INSIDER STORIES
Thai Banpu Plc last week reported a 7.83% increase in coal sales revenue from its Indonesian operating unit via PT Indo Tambangraya Megah Tbk (ITMG) ...
Sunday, 15 May 11
THE FREIGHT MARKET REMAINED SOFT - VISTAAR
COALspot.com - "The freight market overall remained soft", said Capt. Reddy, Director of Vistaar Shipping Singapore. He further added, &qu ...
Saturday, 14 May 11
WELSPUN TO ACQUIRE AN INDONESIAN COAL MINE - MEDIA
The India based Welspun Power and Steel Ltd is planning to acquire 456,000 shares in PT Batubara Energy Indonesia, representing 75% interest, accord ...
Saturday, 14 May 11
DRY BULK MARKET ON A DOWNFALL ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what is now pretty clear will be yet another challenging year for dry bulk ship owners, the Baltic Dry Index returned to its usual pattern of dec ...
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- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Planning Commission, India
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Australian Coal Association
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
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