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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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- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- White Energy Company Limited
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- SMC Global Power, Philippines
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Parliament of New Zealand
- GMR Energy Limited - India
- Central Electricity Authority - India
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Minerals Council of Australia
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Planning Commission, India
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
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