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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, 12 January 11
BULKER DELIVERIES WEIGHING IN ON FREIGHT RATES KEEPING SENTIMENT ON A NEGATIVE MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of new buildings still hitting the water has caught up for good with the freight market, with capesizes unable to weather the storm. With r ...
Tuesday, 11 January 11
SUPRAMAX TRIP VIA INDONESIA TO INDIA US$ 8,000 PER DAY
Despite continued growth in the bulk trades, the delivery of new vessels is beginning to take its toll. The BDI continued its decline, finishing las ...
Tuesday, 11 January 11
DRY BULK MARKET REACHES NEW LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark index, the Baltic Dry Index (BDI) lost further ground in the beginning of the week, following the trend of the ...
Monday, 10 January 11
MINING INVESTMENT TARGET TOO LOW - TEMPO INTERACTIVE
TEMPO Interactive reported that, the Indonesian Mining Association’s executive director, Priyo Pribadi, believes the government’s invest ...
Monday, 10 January 11
COAL MONGOLIA IS INVITING YOU TO THE INTERNATIONAL COAL SECTOR INVESTORS CONFERENCE
COALspot.com - (Press Release) - The Coal Mongolian Conference will take place at Chinggis Hotel, in Ulaanbaatar on 24-25, Feb 2011. The coal bonanz ...
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- CNBM International Corporation - China
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- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Planning Commission, India
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- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
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- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Energy Development Corp, Philippines
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- SMC Global Power, Philippines
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- PetroVietnam Power Coal Import and Supply Company
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- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
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- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
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- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
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- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
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- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
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- The Treasury - Australian Government
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- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
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- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
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- Wilmar Investment Holdings
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- Madhucon Powers Ltd - India
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- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
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