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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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Saturday, 08 January 11
AUSTRALIAN FLOODS MAY BOOST RIS COAL SALES - THE JAKARTA POST
The Jakarta Post reported that, Floods inundating Queensland have disrupted Australian coal production, and in turn may offer opportunities for Indo ...
Saturday, 08 January 11
GOVERNMENT REMAINS CAUTIOUS OVER FOREIGN INVESTMENT IN MINING SECTOR - THE JAKARTA GLOBE
The Jakarta Globe reported that, The government expects $3.2 billion of investment to flow into the mining sector this year as foreign investors tur ...
Friday, 07 January 11
14 LARGE-SCALE COAL BASES TO BE BUILT DURING 12TH FIVE-YEAR PLAN - GLOBAL TIMES
During the Twelfth Five-Year Plan period (2011-2015), China aims to build 14 large-scale coal bases, and annex and restructure 20 coal bases in orde ...
Friday, 07 January 11
JSW ENERGY LTD OF INDIA IS LOOKING FOR 45 MILLION TONS OF STEAM COAL FOR 25 YEARS
COALspot.com - Supply of 1.80 mmt (+/- 10%) of steam coal per annum for power plants at Toranagallu and Jaigad.
Accordign to JSWE's websit ...
Friday, 07 January 11
SRI LANKA NEW PORT TO OFFER SHIP FUEL IN MAY - LBO
LOB reported that, The Sri Lanka Ports Authority (SLPA) plans to start bunkering or ship fuel operations at a new port in southern Hambantota in May ...
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- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
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- The University of Queensland
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indonesian Coal Mining Association
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- Jaiprakash Power Ventures ltd
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- ICICI Bank Limited - India
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- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Simpson Spence & Young - Indonesia
- Planning Commission, India
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- Kumho Petrochemical, South Korea
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- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Rio Tinto Coal - Australia
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- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
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- Bukit Asam (Persero) Tbk - Indonesia
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- SN Aboitiz Power Inc, Philippines
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- Star Paper Mills Limited - India
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- GVK Power & Infra Limited - India
- MS Steel International - UAE
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- Petrochimia International Co. Ltd.- Taiwan
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- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
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- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
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- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- VISA Power Limited - India
- London Commodity Brokers - England
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
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- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
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- PTC India Limited - India
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
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- Latin American Coal - Colombia
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- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
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- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Pendopo Energi Batubara - Indonesia
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- White Energy Company Limited
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
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