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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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Tuesday, 29 November 11
DRY BULK MARKET BEGINS WEEK ON HIGHER NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Contrary to what had been the case during the past few weeks, this one began on a high note for the dry bulk market, with the Capesize sector pullin ...
Monday, 28 November 11
CITING CONTRACTS, MINING FIRMS ARE NOT PAYING ROYALTIES UNDER LAW - THE JAKARTA POST
The Jakarta Post reported that, when the 2009 Law on Minerals and Coal was endorsed, hopes that Indonesia could maximize its revenue from the minera ...
Monday, 28 November 11
NEW ENVIRONMENTAL MARINE REGULATIONS TO IMPACT SHIPPING IN 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
August of next year will see some major changes for marine navigation. It’s when the North American ECA will come into force, introducing a 1% ...
Sunday, 27 November 11
INDIA'S KPCL TO IMPORT 50 MMT OF COAL FOR 10 YEARS
COALspot.com - Karnataka Power Corporation Limited (KPCL) will buy 5 million metric tonnes of coal annually for 10 years starting from 2015.
In a ...
Saturday, 26 November 11
INDIAN PORTS ARE BECOME COAL STOCKPILES..!!
COALspot.com - The Indian coal stocks and power tariff situation is the hot topic among the world coal producers as well as Indian coal importers.&n ...
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- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Marubeni Corporation - India
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- Parliament of New Zealand
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- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
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- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Wilmar Investment Holdings
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- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
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- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
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- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
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- Bulk Trading Sa - Switzerland
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
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- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- The Treasury - Australian Government
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
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