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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 and Handysize markets declining for the third week running. Overall, the BDI ended at 1,835 points (+3% w-o-w), the BCI at 3,150 (+13%), the BPI at 1,761 (-4%), the BSI at 1,324 (-7%) and the BHI at 675 points (-7%). In the coal markets, China’s benchmark thermal coal prices fell for the first time in three months, as the country’s utility companies finished their autumn stockpiling. It is the first decline in the price since August. Stockpiles are currently at the high level of 71 million tons, with local commentators suggesting there will be no more major buying until early next year. This stockpiling, which saw Richards Bay coal exports rise nearly 50% in October compared to September, has supported the bulk market and the recent increase in rates.
Capesize
A strong week for the Capes with plenty of cargo requests in the Atlantic combined with a tight tonnage situation pushing rates up there. Activity by the mining companies in the Pacific saw even greater gains in that basin. The Baltic reported two iron ore cargoes covered on a voyage basis from the St Lawrence in the mid $30's per metric tonne, which equates to around $50,000 per day on a BCI type basis delivery Rotterdam. Overall Hedland-Qingdao saw the greatest gains, at +15% w-o-w, with $11.50 pmt reported. Fronthaul and Atlantic trades also saw gains around 6-8%. In the paper market, the Nov/Dec average peaked at $22,500 during the week, although there was a pullback in both the physical and paper markets by the end of the week, with Nov/ Dec ending at $20,979. Monday saw a 69 point fall in the BCI.
Panamax
It was another week of declines across the board with the Panamax 4TC closing at $14,079, coming off $603 w-o-w, which was not far off from the previous week’s decline. We saw a drop of $809 per day in the Atlantic w-o-w and $678 in the Pacific, whilst FH shed $657. There remained a clear lack of fresh cargoes for PAC, TA and FH with limited fixture activity throughout the week and a continued high level of open tonnage prevalent in both basins. However towards the end of the week we did see a reduction in open tonnage in the Atlantic, likely due to charterers covering stems or vessels being withdrawn from the market as a possible floor is found. The Indo/China trade was fixing in the $9 pmt range in a week that was interrupted briefly by holiday. The period market remained steady although relatively inactive with very few reported fixtures. 4-6 months ended the week at $14,000 per day levels whilst one year was closer to $13,500 levels.
Supramax/Handy
The Handy/Handymax market remains under pressure in the east where the abundance of prompt vessels and the lack of cargoes have been the main feature for the last 10 days. Not surprisingly Nopac round voyages are being fixed in the mid $7,000s levels. By the same token Indian iron ore exports are very slim leaving little alternatives for owners but to ballast towards South Africa and, further away, South America. As a consequence, south Atlantic does not have enough cargoes to absorb all these ballasters and transatlantic trips ex ECSA has gone from around $15,000 per day 3 weeks ago to around $12,000/13,000 today. The only hot spots for owners are the USG for Supramax and Black Sea for Handies where grains entail reasonable levels of $26 -27,000 ex USG to Med, and low/mid $30,000s for USG/Far East. Handies in the Med found secure homes giving returns in the mid teens.
Source : Barry Rogliano Salles
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Friday, 02 December 11
DRY BULK CARRIERS BACK IN THE SPOTLIGHT AS MARKET SPEEDS UP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the tanker and container markets suffering dearly, it seems that the tide has once again turned in favor of the dry bulk carriers, despite over ...
Thursday, 01 December 11
DRY BULK MARKET RISES TO NEW HEIGHTS ON RENEWED DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on rising this week, with the industry’s benchmark, the Baltic Dry Index (BDI) climbing to 1,846 points on Wednes ...
Tuesday, 29 November 11
SOUTH AFRICAN COAL INTO CHINA, THE ACTIVITY WAS SLOW - BRS
Capesize
The Capesize market in Atlantic stayed pretty firm last week with transatlantic rounds being fixed in the high twenties. Sentiment was les ...
Tuesday, 29 November 11
GOLDEN GATE BRIDGE OF INDONESIA COLLAPSED AT KUKAR, EAST KALIMANTAN
COALspot.com - A suspension bridge in Indonesia’s east Kalimantan province over the Mahakam river collapsed on Saturday, killing at least elev ...
Tuesday, 29 November 11
BUKIT ASAM SCOUTS RP3 TRILLION PROFIT - INSIDER STORIES
The state-controlled coal miner PT Bukit Asam Tbk (PTBA) expects to post a Rp3 trillion net income this year, reaching its target which is 50% above ...
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Showing 4951 to 4955 news of total 6871 |
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- The University of Queensland
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- White Energy Company Limited
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
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