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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, 16 November 11
TAX OFFICE VOWS TO CRACK DOWN ON COAL MINERS - JP
The Jakarta Post reported that, the Finance Ministry’s Directorate General of Taxation says that it will strengthen its supervision of coal mi ...
Wednesday, 16 November 11
A STRONG WEEK FOR THE CAPES - BRS
A sharp bounce by the Cape market pushed the BDI up by 3% last week. This was despite a softening in the other indices with the Panamax, Supramax an ...
Monday, 14 November 11
BORL SEEKS 660K MT OF LOW SULPHUR COAL
COALspot.com - BORL India has issued a tender for around 660,000 MT of 4500 - 5500 kcal/kg sub-bituminous Coal.
Bharat Oman Refineries Ltd ...
Sunday, 13 November 11
BUNKER PRICES REMAINED FIRM
COALspot.com - The market seemed to recover this week with the BDI and Cape Index up.
The BDI was up by only about 2.86 pct closing at 1835 point ...
Saturday, 12 November 11
COALINDO ENERGY LAUNCHED INDEX FOR 3400 GAR COAL
COALspot.com - PT Coalindo Energy, in cooperation with Argus Media Limited, launched the coal index for low-rank coal with a calorific value of 3,40 ...
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- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
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- McConnell Dowell - Australia
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- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
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- Marubeni Corporation - India
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- Indian Oil Corporation Limited
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- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Economic Council, Georgia
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- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- LBH Netherlands Bv - Netherlands
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- CNBM International Corporation - China
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- Parliament of New Zealand
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- San Jose City I Power Corp, Philippines
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- Indian Energy Exchange, India
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- Global Business Power Corporation, Philippines
- Australian Coal Association
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- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
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- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
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- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
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- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
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- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
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- Renaissance Capital - South Africa
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- Eastern Energy - Thailand
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- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
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- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
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- PetroVietnam Power Coal Import and Supply Company
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- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Lanco Infratech Ltd - India
- Minerals Council of Australia
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
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- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
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