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Thursday, 20 October 11
CAPESIZE - TUBARAO /QINGDAO BEING FIXED AT STRONG US$ 29.75 PMT
Handy
The Atlantic market is quite steady, and market seems to be around the same levels as last week. Fewer fixtures reported though. Fronthauls still around 25k, with a USD 3-4k premium for vessels willing to go through Aden. USG/Skaw fixing around USD 30k, and Skaw/USG concluded in the USD 8k range. The Pacific market remains firm with considerable cargoes seen from Indonesia. For Indo-India, large eco Supra can fetch close to USD 16k for S. China position and NOPAC RV close to USD 14k. Indian iron ore market bit quiet as not many cargoes seen in the market however rates from WCI fixing around USD 12k for WCI-China and 11k for ECI-China. RBCT India round rates around USD 13k. Red Sea fertilizers to India are fixed around mid 20s. Short period rates are around 15k for large Supras but seeing less takers.
Panamax
After two strong weeks and a quiet opening due to activity in CoalTrans in Madrid, the Continent and North Atlantic is still tight for tonnage for prompt loaders. There are less fresh requirements so market seems more in balance including some toppish signs in the USG and in ECSA.TA rounds generally at 18k, trip out 27k. In the Pacific the market is also more quiet after stronger levels above mid teens both for NOPAC grains and Indonesian coal. Some period fixtures are still in the 14 range for short period, but less activity on the longer deals. Decline in Chinese iron ore imports and steel production is adding fuel to the bearish signs and the FFA market is loosing faith in next year as well gradually.
Capesize
A large share of the decision makers were gathered in Madrid at the beginning of the week, resulting in less activity. However towards the end of the week, activity picked up and rates improved. It is mainly the front haul market being the main driver, with Tubarao /Qingdao being fixed at strong USD 29.75 pmt for first half November dates. West Australia round remain around steady USD 12 pmt despite lack of requirements from the big three. Period and short period markets have been inactive, whit takers following closely but generally rating touch below owners ideas.
Source: FearnBulk
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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 ...
Wednesday, 12 October 11
CAPESIZE FREIGHT RATES BOUND TO RETREAT FROM 2011 HIGHS ON THE BACK OF TONNAGE OVERSUPPLY SAYS BIMCO
According to Nikos Roussanoglou, Hellenic Shipping, with the BDI (Baltic Dry Index) breaking yet another 2011 high yesterday and ending the se ...
Tuesday, 11 October 11
GLENCORE, SUITOR FOR BUMI PLC? - INSIDER STORIES
Insider Stories reported that, the largest commodities trader in the world, Glencore International Plc, is considering an opportunity to acquire a m ...
Tuesday, 11 October 11
RENUKA COALINDO BUYS JAMBI COAL
PT Renuka Coalindo Tbk, formerly PT Allbond Makmur Usaha Tbk plans to acquire PT Jambi Prima Coal holder of mining concession in Pauh, Sa ...
Monday, 10 October 11
MOZAMBIQUE CHANNEL TO BE THE NEW PIRACY HOTSPOT FOR THIS YEAR SAYS MARITIME SECURITY EXPERT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Mozambique Channel, as well as the entrance to the Persian Gulf, are expected to become some of the new pirate hotspots for piracy, says Richard ...
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- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
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