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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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Monday, 01 March 10
166 MINING COMPANIES THREATEN ENVIRONMENT
Viva News reported that, the Indonesian Forum for the Environment (Walhi) of East Kalimantan reveals that 166 coal mining companies, which are curre ...
Monday, 01 March 10
IRON ORE PRICE NEGOTIATIONS - 80PCT HIKE SEEN BY CHINESE
China Knowledge quoted an insider from a large Chinese steel company said there will be a significant increase in steel prices in the next few month ...
Sunday, 28 February 10
SUPRAMAX CHARTER RATES FOR ONE YEAR IS AROUND US$ 19,000/20,000 PER DAY - VISTAAR SINGAPORE
COALspot.com : The freight market firmed up by almost 10 pct on Supramax and Handy size and about 7 pct on Panamax.
However it was interesting to ...
Sunday, 28 February 10
MINISTRY SEEKS TWO YEAR DELAY TO IMPLEMENT ENVIRONMENT LAW
The Jakarta Post reported that, The ministry of energy and mineral resources has proposed that the government postpone the implementation of the 200 ...
Sunday, 28 February 10
CONTINENTAL TARGETS COAL SALES FROM S AFRICA MINE IN Q2 - MINING WEEKLY
Mining weekly reported that, Junior coal explorer Continental Coal would start coal sales from its Vlakvarkfontein mine, in South Africa, in the sec ...
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- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
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- Merrill Lynch Commodities Europe
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- Bulk Trading Sa - Switzerland
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- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Electricity Generating Authority of Thailand
- Uttam Galva Steels Limited - India
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- Binh Thuan Hamico - Vietnam
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- Eastern Energy - Thailand
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- Meenaskhi Energy Private Limited - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
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- Heidelberg Cement - Germany
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- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
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- Mintek Dendrill Indonesia
- Bangladesh Power Developement Board
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- Planning Commission, India
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- Agrawal Coal Company - India
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- Coalindo Energy - Indonesia
- White Energy Company Limited
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- Siam City Cement - Thailand
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
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- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
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- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
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- Bharathi Cement Corporation - India
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- SN Aboitiz Power Inc, Philippines
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- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
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- Globalindo Alam Lestari - Indonesia
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- Intertek Mineral Services - Indonesia
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- Altura Mining Limited, Indonesia
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- Ambuja Cements Ltd - India
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- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
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- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
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- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
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- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
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- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
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- Eastern Coal Council - USA
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- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
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- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
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- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
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