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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 January 11
MPM SEEKS 40K TONS OF INDONESIAN COAL
An Indian paper producer Mysore Paper Mills Ltd., based in Bangalore is looking for 40,000 metric tons of non-coking coal of Indonesian o ...
Friday, 28 January 11
TRADING PERMIT DELAYS THREATEN EXPORTS - THE JAKARTA GLOBE
The Jakarta Globe reported that, an ongoing wrangle over licenses for mining traders could hurt investment, a coal mining association chief said on ...
Friday, 28 January 11
DRY BULK MARKET CLOSING IN TOWARDS CRISIS LEVELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The trials and tribulations of the dry bulk market seem to have no end during the first month of 2011, as the industry’s benchmark, the Baltic ...
Wednesday, 26 January 11
ADANI TO SET-UP RAIL, PORT AND POWER PROJECTS IN INDONESIA - MONEYCONTROL
Moneycontrol reported that, Adani Enterprises, the flagship company of India’s infrastructure conglomerate the Adani Group, today announced th ...
Wednesday, 26 January 11
DRY BULK MARKET TAKES YET ANOTHER NOSEDIVE, CAPESIZES LOOK RATHER UNATTRACTIVE AT THE MOMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The downturn of the dry bulk market sees no boundariers, disproving even those who thought that at least for the capesize market, the worst had pass ...
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- Goldman Sachs - Singapore
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- Singapore Mercantile Exchange
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- Kobexindo Tractors - Indoneisa
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- SMC Global Power, Philippines
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- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
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- Mercator Lines Limited - India
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- Riau Bara Harum - Indonesia
- Planning Commission, India
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Mjunction Services Limited - India
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- Videocon Industries ltd - India
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- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
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- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- The University of Queensland
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- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
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- Renaissance Capital - South Africa
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
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- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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