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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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Wednesday, 19 January 11
DRY BULK MARKET HAS BOTTOMED OUT, AS WEATHER IN AUSTRALIA DIALS DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has finally halted its plunge, after a devastating week of yet more losses. The industry’s benchmark, the Baltic Dry Index ...
Tuesday, 18 January 11
MINISTRY SEEKS COAL FROM INDONESIA - SUNDAY OBSERVER
Sunday Observer reported that, Ministry of Power and Energy is to explore the possibilities of importing quality coal from Indonesia.
Minister Pa ...
Tuesday, 18 January 11
DRY BULK MARKET HAS BOTTOMED OUT, AS WEATHER IN AUSTRALIA DIALS DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has finally halted its plunge, after a devastating week of yet more losses. The industry’s benchmark, the Baltic Dry Index ...
Sunday, 16 January 11
STANCHART GLOBAL RESEARCH SEES COAL PRICE RISING ON SUPPLY DISRUPTION - BURSA MALAYSIA MARKET NEWS
Bursa Malaysia Market News reported that, Standard Chartered Global Research has upgraded its 2011 forecasts for global thermal coal prices based on ...
Saturday, 15 January 11
SUPRAMAX VESSELS FIXED AROUND $ 8K FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The BDI continues to drop and has touched below 1,500 points with the cape index severely affected with the index touching 1,595 poin ...
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- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Coal and Oil Company - UAE
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
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