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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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Thursday, 13 May 10
ACTIVITY ON WEST COAST INDIA IS SLOWING - FEARNLEYS AS
DRY BULK CHARTERING
Handy
Atlantic markets remain firm but more for end May/beg June dates as there seems to be more enquiries for those dates. ...
Thursday, 13 May 10
DRY BULK SHIP OWNERS CHEERFUL AMID MARKET RALLY
China’s appetite for raw materials like iron ore and coal, as well as a series of added factors are boosting demand for dry bulk carriers, hel ...
Wednesday, 12 May 10
BANPU'S Q1 PROFIT SLIDES 43% TO B2.71BN - BANGKOK POST
The Bangkokpost reported that, Banpu Plc posted a first-quarter net profit of 2.71 billion baht, down by 43% from the same period last year.
The ...
Tuesday, 11 May 10
DALRYMPLE BAY COAL EXPORTS HIGHEST SINCE JULY; NEWCASTLE FALLS - BLOOMBERG
Bloomberg reported that, Coal shipments from Australia’s Dalrymple Bay terminal in Queensland state rose to the highest in nine months in Apri ...
Tuesday, 11 May 10
DRY BULK RATES SHOOT UP ON STRONG CARGO DEMAND
The dry bulk industry’s benchmark, the Baltic Dry Index (BDI) has kept its momentum, as predicted by analysts and shipping experts, managing t ...
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- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
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- Planning Commission, India
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- Romanian Commodities Exchange
- White Energy Company Limited
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- Makarim & Taira - Indonesia
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- Wilmar Investment Holdings
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- PowerSource Philippines DevCo
- Ministry of Mines - Canada
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- Coalindo Energy - Indonesia
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- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
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- Semirara Mining and Power Corporation, Philippines
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- Bangladesh Power Developement Board
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- Ind-Barath Power Infra Limited - India
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- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
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- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
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- Bulk Trading Sa - Switzerland
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- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
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