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Friday, 23 September 11
PANAMAX EXPERIENCED A SOFTENING IN RATES - FEARNLEYS AS
Handy
Still a good boost of fresh cargoes entering the market. Vessels in Black Sea with GOA clearance and Baltic positions are fetching tick above USD 23k/ day to India-F.East range. Same experienced with vessels open US Gulf trading back to Cont, fixed in the mid/high twenties. The period market touching around 13/14k pd for 11-13 months. Pacific market seeing more activity but charterers and owners being apart on rates and hence chrtrs holding off. For Indo-India and Thai rounds, spot Feast tonnage was tight and could see owners rating USD 14k for North China positions and chrtrs at 11k. Indian iron ore market getting active with fresh enquiries from WCI and Supras fixing around USD 13k for WCI-China. RBCT-India round rates around USD 12k. Red Sea fertilisers to India are fixed around mid-20s. Short period rates are around 15k for large Supras.
Panamax
The Panamax market experienced a softening in rates this week, especially in the Far East. The typical NoPac rounds were fixed at around USD 14k last week, and mid week we now see owners asking well below USD 12k for same. We see more ships ending up spot in the east and owners have to lower their asking rates in order to secure employment. In the Atlantic basin we see more activity and signs for rates to increase. More coal is being exported from US ports and the grain cargoes from US Gulf is starting to enter the October market. TA´s are being fixed in the region of low USD 14k while the fhauls are fetching low/mid 20´s. The period market has been less active this week but still some shorter periods have been fixed at around USD 14k for delivery Feast.
Capesize
At the end of last week the market showed more than signs of correcting. Rates had begun to fall significantly and West Australia was being fixed at USD 10.20 level, down from upper USD 11´s. The same could be said for the front haul market which got concluded at USD 25.50, down from USD 28´s. There were however indications that this was sentiment driven and that the underlying demand was still healthy. This has proven to be right, and led but the strength in the Atlantic, the market has turned upwards again. Today the West Australia market is in the mid USD 10´s, front haul is back up in the USD 27´s and the TA market is back at USD 28k daily. With the market uncertainty there has been little period fixing, though reports of a vessel being fixed for 4-6 months at USD 19,500 have emerged.
Source: FEARNBULK
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Friday, 28 October 11
RISING COAL PRICES TO WORSEN CHINA'S WINTER POWER CRUNCH - CRI ENGLISH
CRI English reported that, the rising price of coal is fueling concerns about a power crunch set to plague China this winter, analysts said.
The ...
Thursday, 27 October 11
CAPESIZE REACHING NEW HIGHS - FEARNLEYS
Handy
Pacific market has mixed sentiments with tonnages fixed at firm levels and some tonnages in feast failing on subs.For indo-india, large eco ...
Thursday, 27 October 11
DRY BULK MARKET EDGES DOWN AS CHINAS IRON ORE DEMAND LOSES GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A plunge in Chinese iron ore demand, as a result of high steel inventories and a bleak outlook regarding steel prices, has prompted the dry bulk mar ...
Thursday, 27 October 11
BUKIT ASAM 3Q PROFIT SURGES 66.91%
Insider Stories reported that, the state-controlled coal miner PT Bukit Asam Tbk (PTBA) experienced a 66.91% increase in its net profit during a per ...
Wednesday, 26 October 11
MOODYS SEES MORE GROWTH FOR INDONESIAN COAL MINERS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal mining industry looks set to grow despite an uncertain global economic outlook, according to ...
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- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- White Energy Company Limited
- Ministry of Mines - Canada
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
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