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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 supra can fetch close to usd 16k for S.china position and NOPAC RV close to usd 14k. Indian iron ore market quiet as not many cargoes seen in market however rates from WCI fixing around usd 10k 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
In the Panamax market the Atlantic basin stays tight for prompt/ November tonnage, consequently rates keep stabile at good levels. Owners asking 18-19k in the Atlantic, whilst fronthaul still at firm 27k+ 700 from US Gulf to Far East, and 25/26k from Brazil out. Fresh amount of coal cargoes in Atlantic together with grain out of Gulf to Far East give positive signs for coming weeks. In the Pacific short periods pending around USD 13,250/13, 500 while the NoPac round are being fixed around USD 12k. The backhauls are still hovering around a conservative USD 5k. Despite the constant delivery of new tonnage, demand seems to continue in good pace.
Capesize
Reaching new highs, primarily due to a combination of widespread pacific congestion, generally healthy spot volumes and increased atlantic activity in particular. Having reached y-t-d best spot average of usd 32k, it seems however this segment may be in for a short-term slide. Major miners and mills are predominantly absent, with a resultant build-up of pacific ballasters - remaining spot activity is driven by traders and operators with atlantic focus. Before dropping sharply, forward paper values has given good support to period - resulting in 180000 dwt/2009/china beg nov done for 11-13 months at usd 18k, 207000 dwt/2008/china end nov fixing usd 19500 for 11-13 months and 179000 dwt/2010/china spot for 5-7 months at usd 21k.
Source - Fearnleys
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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
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 ...
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 ...
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- Marubeni Corporation - India
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- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
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- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
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- Merrill Lynch Commodities Europe
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- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
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- Minerals Council of Australia
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- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
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- CNBM International Corporation - China
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
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- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
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- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Latin American Coal - Colombia
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
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- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- Parliament of New Zealand
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
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