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Thursday, 24 November 11
INDONESIA/INDIA SPMX TC AROUND $ 7/8K AND AROUND $ 12/13.00 PMTS ON VOYAGE BASIS - FEARNLEYS
Handy
Last week ended on a positive note in the Atlantic however the activity levels are somewhat reduced. Owners are asking in excess of USD 30k for trips East via GOA ex B.Sea, Supras ex.ECSA are seeing low teens plus USD 25k BB for trips Cont/Med. One-year period in the Atlantic is paying a USD 1000 premium over Feast deliveries, trips ex.Cont to the USG are fixing around USD 10k. The overall tone is quiet with good tonnage supply and limited new cargoes. The Pacific market is very quiet with positivity only around WC India due to increase in iron ore volumes. WC India/China Spmx rate is hovering between 8/9k and on voyage business it´s hovering between 15/16.00 pmts. EC India tonnage is currently supporting coal inIndonesia along with tonnage in Far East. Also heard Indonesia/India Spmx TC around 7/8k and around USD 12/13.00 pmts on voyage basis. The Handymax freight rate from Red Sea/India is at mid USD 20´s.
Panamax
The Panamax market has experienced a steady and firm tendency on volumes and levels this week until Wednesday. Especially the Atlantic market has experienced a rate climb with prompt cgos being covered at more than last done. The reason for the short lived upturn was lack of prompt tonnage and charterers holding back to hit the bottom, just to experience the opposite. The tonnage list is increasing for December dates, and it seems the mid week softening may continue slowly into next week. The TArvs are now being fixed in region of USD 16/17k, front haul at 26k lvl. In the Pacific still some healthy fixtures being concluded with Indo coal and also increasing shipments out of Aussie, although a weakening trend. The Pac rounds are being fixed at around USD 12k. A more active period market this week, 1-year concluded in the low/high 12´s depending on design and short periods at around 14k.
Capesize
It´s been a trend lately that Mondays starting off extremely quiet, with a negative sentiment. Over the last weeks, however, rates have improved throughout the week. That is not the case this week, with negative index every day. West Australia rv was done at USD 12 by BHP for early ships, whilst index presently is USD 10.9 pmt, approx 0.2 behind actual market. Tubarao/Qingdao is presently at high 27s, the route that has proved to be the most sustainable this week. However iron ore prices are dropping and rates may be expected to drop further.
Source: FEARNLEYS AS
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Tuesday, 13 December 11
CAPESIZES AND PANAMAXES LEAD DRY BULK MARKET HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched closer to the 2,000 mark on Monday, with Panamaxes rebounding firmly and leading the gains. As a result, the industry&rsq ...
Monday, 12 December 11
DRY BULK MARKET LOOKING FOR BALANCE AS WE ENTER 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
During the past few months, freight rates for dry bulk carriers, especially Capesizes have increased significantly, providing ship owners with a muc ...
Sunday, 11 December 11
THE PANAMAX INDEX ENDED ON POSITIVE DIRECTION - VISTAAR
COALspot.com - The BDI and Cape index continued the upward trend this week also with BDI up by 3.00 pct closing at 1,922 points and Cape index up by ...
Saturday, 10 December 11
MAHAKAM RIVER RESUMES COAL TRANSPORTATION
COALspot.com - East Kalimantan local government has resumed limited coal barging through Mahakam River after two weeks of suspension following the c ...
Friday, 09 December 11
DRY BULK MARKET REBOUNDS ON HEALTHIER DEMAND OUTLOOK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market edged forward yesterday, at the highest rate of the past couple of weeks, as a result of stonger iron ore demand, backed by lowe ...
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- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- PTC India Limited - India
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
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