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Saturday, 27 August 11
RBCT-INDIA ROUNDS FIXED AT AROUND US$ 12K - FEARNBULK
Handy
Stable but very positional markets across all segments in the Atlantic: the gap between owners and charterers rate ideas is building up as owners expectations are rising in response to sustained positive indexes lately, as reported by Fearnleys its weekly report.
The Continent and Black Sea tonnage is scarce on prompt/August dates delivery which is putting pressure on charterers to pay up. The USG is quiet. The question is, will all the business available absorb all the tonnage which is insisting on remaining in the Atlantic? The result could be that owners wishing to do so have to reduce their expectations drastically. The Pacificmarket got little firm with more cargoes seen in market. Vessels open in north China getting close to usd 13k for Indo-India or ndo-Thai rounds. Indian iron ore market remained quiet due to monsoons. Enough vessels available for RBCT and rates are around usd 12k for RBCT-India rounds. Red Sea fertilizers to India are fixed around mid-20s. Short period rates are around14k.
Panamax
This week the Panamax market took a turn for the positive with more activity in both hemispheres. In the Atlantic the main driver is the coal cargoes but also some grain cargoes are being circulated. It was concluded a healthy 16k for 2 legs in the Atlantic while the single legs are being fixed at around usd 15k. In the Pacific the market took a real turn with a significant number of Indonesian coal cargoes and lack of prompt tonnage to cover same. Vessels are fixing in region 11-12k for same. Period market somewhat regained activity this week which could mean players are being more confident for the fall season and a typical short period ows are asking around usd 13-13.5k. For one year they are asking around 12k.
Capesize
Finally what everyone has been waiting for is happening! West Australia/China is presently around usd 10 pmt, whilst Tubarao/Qingdao is in the high usd 25s. Short period rates in the low to high 15,000s, whilst one year has been done at usd high 14,000. This is good news for the owners as well as for the market in general. However, the explanations are mixed. For sure improved activity in the east as well as expensive bunkers and low freight for Tubarao/Qingdao the last weeks has resulted in few ballasters, hence tight supply of ships in the Atlantic. The optimism is back, but for how long?
Source: FEARNBULK
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Thursday, 15 September 11
INDIAN GOVT PLANS TO DEVELOP 9 NEW MAJOR PORTS BY 2016 - INVEST MONEY / HELLENIC SHIPPING
The government has announced to make a investment of more than Rs 22,000 crore (approximately US$ 4,623,791,331) to develop nine new major ...
Thursday, 15 September 11
BOTSWANA COAL AND ENERGY CONFERENCE 2011
Press Release - Botswana Coal and Energy Conference 2011 | 29-30 November 2011 | Gaborone. Botswana represents Africa’s exciting new coal and ...
Thursday, 15 September 11
DRY BULK MARKET EDGING FURTHER UP THE SCALE, CLOSING IN ON 2,000 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was up once again yesterday, reaching 1,927 points, or 1.375 higher on the day. Thus, it has kept its rising trend established d ...
Wednesday, 14 September 11
INDO STRAITS BAGS 2.4 MILLION TON COAL TRANSPORTATION CONTRACT FROM ARUTMIN
COALspot.com - PT Indo Straits Tbk (PTIS) bagged a contract to tranship about 2.40 million tons of coal over an initial period of 6 months fro ...
Wednesday, 14 September 11
DUTA PERTIWI DISCOVERS COAL RESERVE - INSIDER STORIES
Insider Stories reported that, PT Duta Pertiwi Nusantara Tbk (DPNS) yesterday steeply jumped 24.56% to Rp710 a share after the company discove ...
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- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- India Bulls Power Limited - India
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- White Energy Company Limited
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
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