We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 26 October 11
INDIAN MARKET WAS REMAINED TIGHT THE WHOLE LAST WEEK - BRS
 The market once more seems to be at a crossroads. The indices last week remained fairly stable (except for the Panamax sector), ending the week as follows: the BDI at 2,153 points (-0.9%), the BCI at 3,566 (-0.6%), the BPI at 2,026 (-2.8%), the BSI at 1,607 (+0.8%) and the BHI at 826 points (+0.5%). Falling iron ore prices continued to prompt discussion, as Chinese steel prices also fell to a 10-month low last week in response to moderating construction demand. Recent steel prices have prompted some Chinese producers to cut output or bring forward maintenance. 62% fine CFR Tianjin finished the week at $142.6 per tonne. The cash price of ore has not traded at less than $140 per ton since September 2010.
Capesize
Despite the Coaltrans conference in Madrid, and the near one-year high achieved by Capesize rates the previous week, there was no major correction in the market. Overall the BCI came off just 0.6%, while the four time charter average only budged $324 to finish at $30,975. Regionally, Tubarao-Qingdao rates actually rose, and a mid November cargo was reported at $30 per tonne, with plenty of activity in both basins in the second half of the week. Paper rates meanwhile saw significant gains over the week, suggesting confidence for the short term is there. November and Q4 contracts recorded gains of 12.6% and 9.8% respectively w-o-w. Monday saw more positive signs, with the 4TC rising $437, compensating for the losses of the previous week.
Panamax
The Panamax market was strong last week with ‘high’ rates seen until midweek. The end of the week was relatively quiet, and it was the same for the start of the new week. Both TA and Pacific RV kept improving and respectively reached $18-$18,300 and $15,600-$15,800 on Wednesday, with fronthaul rates reaching up to $26,500/day. That said, the market marked a pause with tonnage building up in the Atlantic and Pacific. Fronthaul was reported in the $25,500 region and TA was hovering in the $17,800-$18,000 area. The market now appears to be topping out. The only market which remained tight the whole week was the Indian market with very little tonnage available for WCI to China trip. We are now expecting a drop in rates as a fair number of ballasters from the East could hit the Atlantic market very soon, so a weak second half of November is predicted, with many players strongly bearish.
Supramax/Handy
The Baltic Supramax rose 13 points to finish at 1,607 last week, while the average of the time charter routes gained $133 to finish at $16,804, mainly driven by the US Gulf. The Atlantic remain very firm with Supras fixed from the USG to Cont at $31,000 daily, while USG to Far East was fixed at $36,250. The Far East was softening by the end of the week with vessels fixed from China via Indonesia to India at around $14,500 and the Nopac was fixed around $15,000 daily. The activity was also supported by interest in short period with redelivery worldwide at around $14,500-$15,000. In the smaller sizes, the market was pretty steady: the Handy Baltic Index gained 4 points to finish at 826 points, while the time charter route finished at $11,901.
In the Pacific, the Aussie round dropped more than $700 compared to last week, and a vessel was fixed at $10,400 daily. The NOPAC also decreased by more than $500. The Atlantic remains firm with a lot of activity supported, and short period around $12,000 for 3 to 5 months. Otherwise, fixtures have been done at $19,000 from Black Sea to India and similar number has been seen from USG to Cont, while $21,000 daily has been seen from ECSA to the Far East.
Source : Barry Rogliano Salles
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 26 October 11
PWCS GLOBAL SHIPPING BENCHMARKING ANALYSIS: RECOVERY IN 2010 BUT GREAT UNCERTAINLY FOR 2011
The recovery of global trade in 2010 to the same levels as 2008 led to an improvement in the overall performance of shipping companies in 2010 compa ...
Tuesday, 25 October 11
DRY BULK MARKET STEADY, ANALYSTS LOOKING FOR ADDED PRESSURE ON THE MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was unchanged on Monday, with the industry’s benchmark, the BDI (Baltic Dry Index) ending the session at 2,153 points, exa ...
Monday, 24 October 11
NEW HEAD OF INDONESIA'S MINING MINISTRY GETS RAKED OVER THE COALS - JOSEPH KIRSCHKE
COALspot.com - Following Indonesia’s presidential cabinet shakeup last week, many are questioning the qualifications of Energy and Mineral Res ...
Monday, 24 October 11
CHINA QINHUANGDAO COAL PRICE RISES TO HIGHEST IN THREE YEARS - BUSINESSWEEK
Business week reported that, China’s power-station coal price rose to the highest level in three years as power stations and central heating p ...
Monday, 24 October 11
CAPESIZE RENTAL RATES RISE FOR THIRD DAY AS MORE SHIPS HIRED - HELLENIC SHIPPING
Rates to hire capesize vessels advanced for a third day on signs of increased demand to transport iron ore, used to make steel.Daily rates for the s ...
|
|
|
Showing 5011 to 5015 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Ministry of Transport, Egypt
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
|
| |
| |
|
