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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, 04 February 10
NO AMDAL, NO COAL MINING IN KALIMANTAN: MINISTRY
To prevent further environmental damage, the government has said it would revoke the licenses of mining firms operating in Kalimantan that do not ha ...
Thursday, 04 February 10
ANTICIPATING DOMESTIC COAL DEMAND
Indonesia has an abundant amount of coal reserves, which in 2008 is estimated at 7,12 billion tones. Coal production in 2008 reached 231,18 mi ...
Wednesday, 03 February 10
CHINA'S MAIN COAL PRICES FALL AS WINTER DEMAND EASES
Weekly coal prices at China's Qinhuangdao port, a benchmark in the world's biggest producer and consumer of the fuel, fell for the first time in s ...
Wednesday, 03 February 10
NEWCASTLE COAL EXPORTS RISE 3%; SHIP QUEUE SHORTENS
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, increased 3 percent last week while the ...
Wednesday, 03 February 10
INDONESIA BUKIT ASAM SEES DOUBLE DIGIT 2010 REV GROWTH
* 2009 net profit rose an estimated 50 pct
* Sees opportunities for overseas acquisitions
Indonesian state-owned coal miner Bukit Asam saw 2009 ...
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- GMR Energy Limited - India
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- Pipit Mutiara Jaya. PT, Indonesia
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- Interocean Group of Companies - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
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- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
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- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
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- Samtan Co., Ltd - South Korea
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- Economic Council, Georgia
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- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
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- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
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- MS Steel International - UAE
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- Indonesian Coal Mining Association
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- Australian Commodity Traders Exchange
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- Wood Mackenzie - Singapore
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- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
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- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
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- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
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- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
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- Sakthi Sugars Limited - India
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- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
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- Madhucon Powers Ltd - India
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- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
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- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
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- The Treasury - Australian Government
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
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- Ambuja Cements Ltd - India
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- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
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- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
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- Georgia Ports Authority, United States
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
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- International Coal Ventures Pvt Ltd - India
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- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
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- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
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- Global Green Power PLC Corporation, Philippines
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- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Australian Coal Association
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- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
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- Africa Commodities Group - South Africa
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