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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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Sunday, 13 March 11
COAL NO LONGER A CHEAP ENERGY SOURCE - THE SUNDAY LEADER
The Sunday Leader reported that, the addition of power generated through coal power to the country’s national grid was initially expected to r ...
Sunday, 13 March 11
THE FREIGHT MARKET SEEMS WILL BE FIRM FOR MARCH AND APRIL - VISTAAR
COALspot.com - The freight market continued to rise with the BDI crossing 1500 points and the cape size index up by 32 pct and all other segments al ...
Friday, 11 March 11
THE HANDY MARKET IS QUITE VOLATILE
Handy
Lacklustre week as the USG is the only bright light with high volumes of petcoke/coal into the Med (paying mid 20´s bss aps USG). Litt ...
Thursday, 10 March 11
DRY BULK MARKET SHOWING SIGNS OF STRONGER RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market jumped by 3.37% yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI), moving up to 1,472 points, levels no ...
Wednesday, 09 March 11
INDONESIA HAS SET THE MARCH 2011 INDONESIAN COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.43 PER TON
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the March 2011 Indonesian Coal Reference Price for thermal c ...
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- Central Java Power - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
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- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
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- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
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- IEA Clean Coal Centre - UK
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
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- Parliament of New Zealand
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- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
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- Toyota Tsusho Corporation, Japan
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- Indian Oil Corporation Limited
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- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
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- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
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- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Planning Commission, India
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- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
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- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
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- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
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- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
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- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
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- Essar Steel Hazira Ltd - India
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- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
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- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
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- Economic Council, Georgia
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- Australian Coal Association
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- Krishnapatnam Port Company Ltd. - India
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- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
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- Minerals Council of Australia
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- Bangladesh Power Developement Board
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- Sakthi Sugars Limited - India
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- Gujarat Mineral Development Corp Ltd - India
- Sindya Power Generating Company Private Ltd
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- Bhatia International Limited - India
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- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Global Coal Blending Company Limited - Australia
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