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Wednesday, 12 October 11
CAPESIZE - A SURPRISE JUMP IN RATES - BRS
 There was a surge across all sizes last week, resulting in the BDI gaining 101 points to end the week at 2,000 points (+5.3%). The BCI reached 3,218 (+2.6%), the BPI 1,913 (+10.8%), BSI at 1,533 (+2.3%) and the BHI progressed to 774 points (+4.6%).
Capesize
A surprise jump in rates was recorded in the latter part of the week despite the week-long holidays in China. W-o-w the 4TC average rose nearly 5% to $27,876 per day. Rio Tinto was busy in the Pacific and a reported $11.35 was reached for one fixture for October loading, with around $10.70 proving to be the average for the week. South African coal proved another active area, while Atlantic tonnage was yet again tight, and again gains here showed the biggest increase. This activity resulted in a firming in the near-period FFA rates and Q4 finished with a near 13% gain compared to the previous week. The 4TC rose another $600 on Monday, with sentiment fairly positive for the week ahead.
Panamax
The Atlantic basin tightened over the week, with notable support emanating from the USG where enquiry remains healthy. Both TA and front haul rates improved notably (an increase of $1,341 on 1A and $1,683 on 2A indices between 30/09/11 - 07/10/11). The Pacific market also appeared tighter, in large part due to the holidays in Asia but also as a result of significant numbers of ballasters having sailed to the Atlantic in search of fresh business. Pacific rounds exhibited strong underlying support, with the 3A index rising by $2,281 over the week. Looking further forward however, there may be some expectation for additional tonnage from the East to weigh down on TA rates, although the market appears stable for the time being. There has also been a notable increase in the volume of open market tonnage in the Pacific at the beginning of the new week, suggesting that the recent upward trend may begin to stabilize a touch.
Supramax/Handy
The Baltic Supramax Index went up by 32 points to finish at 1,533 points last week, while the average of the time charter routes gained about $400 daily to finish at $16,000 per day.
The market remained steady with many players closed due to holidays and celebrations in the Far East. The market was active in the Atlantic however with scrap out of the Continent and more and more freshly added grain/sugar cargos ex-ECSA. Ballasters coming from the Pacific / Indian Ocean helped to balance the rates for the vessels suffering from fewer cargoes in India / Far East. On the other hand, more and more interest for Supramaxes on short / medium period helped to sustain the market.
On the smaller sizes, the Baltic Handysize index went up by 23 points to finish at 774 points with the time charter routes gaining $300 to reach $11,270 daily. The Atlantic and the Pacific levels are becoming quite balanced, and the TARV is worth $11,500/ day today, whereas the Pacific round voyage is valued $11,000 daily. On the period front, we saw interest on both middle period of 1 year and short period. A 57,000 dwt recently built vessel fixed for 12 months trading delivery Far East at $13,750 daily with worldwide redelivery, while short period reached levels close to $14/14,500 daily.
Source: Barry Rogliano Salles
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Friday, 23 September 11
UT TO PRODUCE 7 MMT OF COAL BY 2012
PT United Tractors Tbk is targeting a 7 million tons of coal production next year, a 55.55% increase from 4.5 millions targeted this year, said Pres ...
Friday, 23 September 11
RECORD RECYCLING ACTIVITY STIRS OPTIMISM IN DRY BULK SAYS BIMCOS ANALYSIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As expected at the start of the year, dry bulk ship owners were expected to flock scrapyards around the world, in order to take advantage of attract ...
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 abov ...
Wednesday, 21 September 11
INDIA'S COAL IMPORTS FROM INDONESIA FALL, CHINA BUYS MORE
COALspot.com - Indian coal imports from Indonesia fall to below 6 million tons in August, and this fall was continuing last few months. Ho ...
Wednesday, 21 September 11
2ND ANNUAL SHALE GAS SUMMIT
2nd Annual Shale Gas Summit 31 October – 3 November 2011 JW Marriott Hotel, Hong Kong
According to a recent EI ...
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Showing 5066 to 5070 news of total 6871 |
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- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Sical Logistics Limited - India
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
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